Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$9,148,486
Property, Plant, & Equipment (net)
65%
Investments
16%
Cash & Equivalents
10%
Receivables (Non-Related)
8%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$3,740,879
Notes Payable / Debt (Non-Related)
80%
Deferred Revenue
17%
Payables & Accruals
3%
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
$1,547,198
$870,700
-44%
Receivables (Non-Related)
$92,000
$761,876
+728%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$81,289
$27,078
-67%
Investments
$1,328,690
$1,473,576
+11%
Property, Plant, & Equipment (net)
$4,171,529
$5,901,496
+41%
Other Assets
$79,323
$113,760
+43%
Total Assets
$7,300,029
$9,148,486
+25%
Liabilities
2023
2024
Change
Payables & Accruals
$141,117
$103,275
-27%
Grants Payable
-
-
-
Deferred Revenue
$560,616
$644,100
+15%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,564,079
$2,993,504
+17%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,265,812
$3,740,879
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$1,385,394
$2,386,236
+72%
Unrestricted Net Assets
$2,648,823
$3,021,371
+14%
Net assets
2023
2024
Change
Net assets
+$4,034,217
+$5,407,607
+34%