Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$10,513,326
Property, Plant, & Equipment (net)
80%
Cash & Equivalents
17%
Other Assets
2%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$9,974,291
Notes Payable / Debt (Non-Related)
48%
Related-Party Payables
27%
Other Liabilities
20%
Payables & Accruals
3%
Deferred Revenue
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,057,839
$1,757,995
-15%
Receivables (Non-Related)
$79,800
$60,000
-25%
Related-Party Receivables
-
-
-
Inventories
$8,566
$17,017
+99%
Prepaid Expenses
$63,669
$93,536
+47%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,997,593
$8,395,084
+20%
Other Assets
$163,369
$189,694
+16%
Total Assets
$9,370,836
$10,513,326
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$289,657
$290,935
+0%
Grants Payable
-
-
-
Deferred Revenue
$320,993
$264,718
-18%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,586,292
$4,738,047
+3%
Related-Party Payables
$2,660,573
$2,687,531
+1%
Other Liabilities
$1,848,632
$1,993,060
+8%
Total Liabilities
$9,706,147
$9,974,291
+3%
Net assets
2023
2024
Change
Restricted Net Assets
$10,071
$13,239
+31%
Unrestricted Net Assets
-$345,382
$525,796
-252%
Net assets
2023
2024
Change
Net assets
-$335,311
+$539,035
-261%