Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$38,943,037
Property, Plant, & Equipment (net)
66%
Cash & Equivalents
23%
Other Assets
10%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$35,734,818
Notes Payable / Debt (Non-Related)
59%
Other Liabilities
35%
Payables & Accruals
6%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,091,236
$9,140,780
+29%
Receivables (Non-Related)
$223,005
$152,634
-32%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$61
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$17,502,477
$25,702,465
+47%
Other Assets
$3,862,672
$3,947,158
+2%
Total Assets
$28,679,451
$38,943,037
+36%
Liabilities
2023
2024
Change
Payables & Accruals
$752,966
$2,227,431
+196%
Grants Payable
-
-
-
Deferred Revenue
$99,815
$147,313
+48%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$14,312,498
$21,003,413
+47%
Related-Party Payables
-
-
-
Other Liabilities
$11,911,426
$12,356,661
+4%
Total Liabilities
$27,076,705
$35,734,818
+32%
Net assets
2023
2024
Change
Restricted Net Assets
-
$4,702,356
-
Unrestricted Net Assets
$1,602,746
-$1,494,137
-193%
Net assets
2023
2024
Change
Net assets
+$1,602,746
+$3,208,219
+100%