Balance Sheet

Fiscal Year: 2024
Sep 1, 2023 – Aug 31, 2024
Assets in 2024 (Year End)
$17,660,185
Property, Plant, & Equipment (net)
63%
Other Assets
23%
Cash & Equivalents
11%
Receivables (Non-Related)
3%
Inventories
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$5,837,304
Tax-Exempt Bond Liabilities
50%
Notes Payable / Debt (Non-Related)
33%
Payables & Accruals
16%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,572,762
$1,959,146
-24%
Receivables (Non-Related)
$623,852
$522,169
-16%
Related-Party Receivables
-
-
-
Inventories
$14,585
$14,585
+0%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$11,369,908
$11,108,595
-2%
Other Assets
$1,240,390
$4,055,690
+227%
Total Assets
$15,821,497
$17,660,185
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$514,240
$954,072
+86%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$3,305,972
$2,942,636
-11%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$707,066
$1,940,596
+174%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$4,527,278
$5,837,304
+29%
Net assets
2023
2024
Change
Restricted Net Assets
$1,205,612
$1,336,324
+11%
Unrestricted Net Assets
$10,088,607
$10,486,557
+4%
Net assets
2023
2024
Change
Net assets
+$11,294,219
+$11,822,881
+5%