Balance Sheet

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Assets in 2024 (Year End)
$4,443,222
Cash & Equivalents
47%
Property, Plant, & Equipment (net)
44%
Receivables (Non-Related)
7%
Prepaid Expenses
2%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,999,775
Notes Payable / Debt (Non-Related)
91%
Payables & Accruals
9%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,426,114
$2,094,368
-14%
Receivables (Non-Related)
$154,898
$315,175
+103%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$69,118
$76,890
+11%
Investments
$6,000
$6,000
+0%
Property, Plant, & Equipment (net)
$1,980,468
$1,950,789
-1%
Other Assets
-
-
-
Total Assets
$4,636,598
$4,443,222
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$171,665
$180,250
+5%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,862,340
$1,819,525
-2%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,034,005
$1,999,775
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$15,162
$15,162
+0%
Unrestricted Net Assets
$2,587,431
$2,428,285
-6%
Net assets
2023
2024
Change
Net assets
+$2,602,593
+$2,443,447
-6%