Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$6,830,576
Receivables (Non-Related)
69%
Cash & Equivalents
17%
Other Assets
10%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,239,823
Other Liabilities
70%
Deferred Revenue
15%
Payables & Accruals
12%
Notes Payable / Debt (Non-Related)
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,335,504
$1,186,480
-11%
Receivables (Non-Related)
$654,513
$4,710,583
+620%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$4,487
$24,344
+443%
Investments
-
-
-
Property, Plant, & Equipment (net)
$468,728
$242,841
-48%
Other Assets
$1,356,265
$666,328
-51%
Total Assets
$3,819,497
$6,830,576
+79%
Liabilities
2023
2024
Change
Payables & Accruals
$478,028
$753,604
+58%
Grants Payable
-
-
-
Deferred Revenue
$1,848,698
$939,872
-49%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$281,290
$164,199
-42%
Related-Party Payables
-
-
-
Other Liabilities
$1,085,090
$4,382,148
+304%
Total Liabilities
$3,693,106
$6,239,823
+69%
Net assets
2023
2024
Change
Restricted Net Assets
$502,226
$325,226
-35%
Unrestricted Net Assets
-$375,835
$265,527
-171%
Net assets
2023
2024
Change
Net assets
+$126,391
+$590,753
+367%