Balance Sheet

Fiscal Year: 2023
Jul 1, 2022 – Jun 30, 2023
Assets in 2023 (Year End)
$404,213
Receivables (Non-Related)
99%
Property, Plant, & Equipment (net)
1%
Cash & Equivalents
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2023 (Year End)
$578,338
Deferred Revenue
72%
Notes Payable / Debt (Non-Related)
25%
Payables & Accruals
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2022
2023
Change
Cash & Equivalents
$4,881
-
-
Receivables (Non-Related)
$400,000
$400,000
+0%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$9,872
$4,213
-57%
Other Assets
$0
-
-
Total Assets
$414,753
$404,213
-3%
Liabilities
2022
2023
Change
Payables & Accruals
$10,770
$15,573
+45%
Grants Payable
-
-
-
Deferred Revenue
$559,697
$415,970
-26%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$150,000
$146,795
-2%
Related-Party Payables
-
-
-
Other Liabilities
$25,000
$0
-100%
Total Liabilities
$745,467
$578,338
-22%
Net assets
2022
2023
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$330,714
-$174,125
+47%
Net assets
2022
2023
Change
Net assets
-$330,714
-$174,125
+47%