Balance Sheet

Fiscal Year: 2024
Sep 1, 2023 – Aug 31, 2024
Assets in 2024 (Year End)
$1,424,328
Receivables (Non-Related)
64%
Property, Plant, & Equipment (net)
27%
Cash & Equivalents
9%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$457,225
Payables & Accruals
64%
Notes Payable / Debt (Non-Related)
36%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$395,880
$127,274
-68%
Receivables (Non-Related)
$456,489
$905,173
+98%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$10,196
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$387,898
$381,685
-2%
Other Assets
-
-
-
Total Assets
$1,240,267
$1,424,328
+15%
Liabilities
2023
2024
Change
Payables & Accruals
$260,350
$294,141
+13%
Grants Payable
-
-
-
Deferred Revenue
$75,000
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$235,500
$163,084
-31%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$570,850
$457,225
-20%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$669,417
+$967,103
+44%