Balance Sheet

Fiscal Year: 2022
Jul 1, 2021 – Jun 30, 2022
Assets in 2022 (Year End)
$421,807
Property, Plant, & Equipment (net)
63%
Cash & Equivalents
37%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2022 (Year End)
$300,000
Notes Payable / Debt (Non-Related)
>99%
Payables & Accruals
0%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2021
2022
Change
Cash & Equivalents
$7,279
$156,713
+2053%
Receivables (Non-Related)
$31,260
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$388,576
$265,094
-32%
Other Assets
$18,000
-
-
Total Assets
$445,115
$421,807
-5%
Liabilities
2021
2022
Change
Payables & Accruals
$7,673
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$150,000
$300,000
+100%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$157,673
$300,000
+90%
Net assets
2021
2022
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2021
2022
Change
Net assets
+$287,442
+$121,807
-58%