Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$452,253
Property, Plant, & Equipment (net)
57%
Cash & Equivalents
23%
Receivables (Non-Related)
20%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,481,733
Notes Payable / Debt (Non-Related)
56%
Related-Party Payables
36%
Payables & Accruals
6%
Other Liabilities
2%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$24,847
$102,355
+312%
Receivables (Non-Related)
$338,389
$90,958
-73%
Related-Party Receivables
$0
-
-
Inventories
$0
-
-
Prepaid Expenses
$202
-
-
Investments
$0
-
-
Property, Plant, & Equipment (net)
$277,124
$258,940
-7%
Other Assets
$0
-
-
Total Assets
$640,562
$452,253
-29%
Liabilities
2023
2024
Change
Payables & Accruals
$127,187
$92,529
-27%
Grants Payable
$112,938
-
-
Deferred Revenue
$0
$180
-
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$806,285
$827,853
+3%
Related-Party Payables
$535,826
$535,826
+0%
Other Liabilities
-
$25,345
-
Total Liabilities
$1,582,236
$1,481,733
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$25,000
$0
-100%
Unrestricted Net Assets
-$966,674
-$1,029,480
-6%
Net assets
2023
2024
Change
Net assets
-$941,674
-$1,029,480
-9%