Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$4,826,247
Cash & Equivalents
80%
Receivables (Non-Related)
10%
Property, Plant, & Equipment (net)
8%
Inventories
1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,363,814
Other Liabilities
58%
Payables & Accruals
25%
Notes Payable / Debt (Non-Related)
10%
Deferred Revenue
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,391,219
$3,858,914
+61%
Receivables (Non-Related)
$3,391,108
$496,240
-85%
Related-Party Receivables
-
-
-
Inventories
$47,194
$70,134
+49%
Prepaid Expenses
$0
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$821,048
$400,959
-51%
Other Assets
-
-
-
Total Assets
$6,650,569
$4,826,247
-27%
Liabilities
2023
2024
Change
Payables & Accruals
$1,036,061
$338,121
-67%
Grants Payable
-
-
-
Deferred Revenue
$164,987
$105,081
-36%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$147,065
$133,001
-10%
Related-Party Payables
-
-
-
Other Liabilities
$970,002
$787,611
-19%
Total Liabilities
$2,318,115
$1,363,814
-41%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$4,332,454
$3,462,433
-20%
Net assets
2023
2024
Change
Net assets
+$4,332,454
+$3,462,433
-20%