Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$1,380,666
Property, Plant, & Equipment (net)
63%
Cash & Equivalents
32%
Inventories
4%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$630,896
Notes Payable / Debt (Non-Related)
47%
Deferred Revenue
35%
Payables & Accruals
18%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$666,556
$434,912
-35%
Receivables (Non-Related)
$21,774
$19,950
-8%
Related-Party Receivables
$0
-
-
Inventories
$40,397
$60,618
+50%
Prepaid Expenses
$0
-
-
Investments
$0
-
-
Property, Plant, & Equipment (net)
$368,375
$865,186
+135%
Other Assets
$0
-
-
Total Assets
$1,097,102
$1,380,666
+26%
Liabilities
2023
2024
Change
Payables & Accruals
$178,927
$114,112
-36%
Grants Payable
$0
-
-
Deferred Revenue
$294,176
$221,547
-25%
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$122,500
$295,237
+141%
Related-Party Payables
$0
-
-
Other Liabilities
$0
-
-
Total Liabilities
$595,603
$630,896
+6%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-
$749,770
-
Net assets
2023
2024
Change
Net assets
+$501,499
+$749,770
+50%