Balance Sheet

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Assets in 2024 (Year End)
$35,901,560
Property, Plant, & Equipment (net)
90%
Receivables (Non-Related)
8%
Other Assets
1%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$43,279,860
Tax-Exempt Bond Liabilities
78%
Other Liabilities
14%
Payables & Accruals
4%
Notes Payable / Debt (Non-Related)
4%
Deferred Revenue
<1%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$164,815
$146,426
-11%
Receivables (Non-Related)
$1,503,980
$3,014,975
+100%
Related-Party Receivables
-
-
-
Inventories
$17,178
$0
-100%
Prepaid Expenses
$23,240
$36,738
+58%
Investments
$20,416
$20
-100%
Property, Plant, & Equipment (net)
$34,112,631
$32,175,695
-6%
Other Assets
$527,706
$527,706
+0%
Total Assets
$36,369,966
$35,901,560
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$2,992,165
$1,827,725
-39%
Grants Payable
-
-
-
Deferred Revenue
$178,438
$178,880
+0%
Tax-Exempt Bond Liabilities
$33,791,202
$33,808,125
+0%
Custodial & Escrow Liabilities
$10,658
$16,595
+56%
Notes Payable / Debt (Non-Related)
$475,000
$1,580,000
+233%
Related-Party Payables
-
-
-
Other Liabilities
$4,102,161
$5,868,535
+43%
Total Liabilities
$41,549,624
$43,279,860
+4%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$5,179,658
-$7,378,300
-42%
Net assets
2023
2024
Change
Net assets
-$5,179,658
-$7,378,300
-42%