Balance Sheet

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Assets in 2024 (Year End)
$15,466,088
Property, Plant, & Equipment (net)
68%
Cash & Equivalents
24%
Receivables (Non-Related)
5%
Investments
2%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$8,530,905
Notes Payable / Debt (Non-Related)
57%
Deferred Revenue
25%
Payables & Accruals
17%
Related-Party Payables
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,091,856
$3,640,966
+74%
Receivables (Non-Related)
$199,353
$717,992
+260%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$17,282
$142,365
+724%
Investments
$245,110
$295,367
+21%
Property, Plant, & Equipment (net)
$9,253,847
$10,556,733
+14%
Other Assets
$0
$112,665
-
Total Assets
$11,807,448
$15,466,088
+31%
Liabilities
2023
2024
Change
Payables & Accruals
$1,107,697
$1,421,836
+28%
Grants Payable
$0
$0
-
Deferred Revenue
$1,395,296
$2,141,939
+54%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$4,507,871
$4,884,915
+8%
Related-Party Payables
$0
$82,215
-
Other Liabilities
$0
$0
-
Total Liabilities
$7,010,864
$8,530,905
+22%
Net assets
2023
2024
Change
Restricted Net Assets
$860,206
$475,773
-45%
Unrestricted Net Assets
$3,936,378
$6,459,410
+64%
Net assets
2023
2024
Change
Net assets
+$4,796,584
+$6,935,183
+45%