Balance Sheet

Fiscal Year: 2024
Sep 1, 2023 – Aug 31, 2024
Assets in 2024 (Year End)
$52,688,300
Receivables (Non-Related)
47%
Cash & Equivalents
34%
Other Assets
10%
Prepaid Expenses
4%
Property, Plant, & Equipment (net)
3%
Inventories
2%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$39,698,643
Deferred Revenue
85%
Payables & Accruals
13%
Notes Payable / Debt (Non-Related)
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$33,710,918
$17,982,745
-47%
Receivables (Non-Related)
$27,411,835
$24,939,689
-9%
Related-Party Receivables
-
-
-
Inventories
$2,263,700
$990,380
-56%
Prepaid Expenses
$2,163,597
$2,295,115
+6%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,357,845
$1,352,951
0%
Other Assets
$5,551,029
$5,127,420
-8%
Total Assets
$72,458,924
$52,688,300
-27%
Liabilities
2023
2024
Change
Payables & Accruals
$6,728,120
$5,257,901
-22%
Grants Payable
-
-
-
Deferred Revenue
$33,908,572
$33,803,365
0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,585,409
$637,377
-89%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$46,222,101
$39,698,643
-14%
Net assets
2023
2024
Change
Restricted Net Assets
$5,229,642
$4,597
-100%
Unrestricted Net Assets
$21,007,181
$12,985,060
-38%
Net assets
2023
2024
Change
Net assets
+$26,236,823
+$12,989,657
-50%