Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$20,433,738
Property, Plant, & Equipment (net)
89%
Receivables (Non-Related)
5%
Cash & Equivalents
4%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$11,895,666
Tax-Exempt Bond Liabilities
56%
Deferred Revenue
28%
Payables & Accruals
9%
Other Liabilities
8%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,583,108
$895,618
-65%
Receivables (Non-Related)
$1,144,299
$985,045
-14%
Related-Party Receivables
-
-
-
Inventories
$56,990
$50,168
-12%
Prepaid Expenses
$132,482
$171,143
+29%
Investments
-
-
-
Property, Plant, & Equipment (net)
$17,295,707
$18,159,671
+5%
Other Assets
$205,817
$172,093
-16%
Total Assets
$21,418,403
$20,433,738
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$1,140,284
$1,019,159
-11%
Grants Payable
-
-
-
Deferred Revenue
$3,449,900
$3,356,759
-3%
Tax-Exempt Bond Liabilities
$6,925,152
$6,609,448
-5%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$204,665
$910,300
+345%
Total Liabilities
$11,720,001
$11,895,666
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$777,104
$1,052,259
+35%
Unrestricted Net Assets
$8,921,298
$7,485,813
-16%
Net assets
2023
2024
Change
Net assets
+$9,698,402
+$8,538,072
-12%