Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$9,723,889
Property, Plant, & Equipment (net)
43%
Receivables (Non-Related)
34%
Cash & Equivalents
23%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$4,637,364
Deferred Revenue
82%
Notes Payable / Debt (Non-Related)
18%
Payables & Accruals
<1%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,046,922
$2,212,680
-45%
Receivables (Non-Related)
$1,789,795
$3,338,928
+87%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$5,699
$18,641
+227%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,451,522
$4,153,640
+69%
Other Assets
-
-
-
Total Assets
$8,293,938
$9,723,889
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$5,148
$12,854
+150%
Grants Payable
-
-
-
Deferred Revenue
$3,204,248
$3,791,982
+18%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$878,727
$829,139
-6%
Related-Party Payables
-
-
-
Other Liabilities
$10,690
$3,389
-68%
Total Liabilities
$4,098,813
$4,637,364
+13%
Net assets
2023
2024
Change
Restricted Net Assets
$2,373,868
$15,900
-99%
Unrestricted Net Assets
$1,821,257
$5,070,625
+178%
Net assets
2023
2024
Change
Net assets
+$4,195,125
+$5,086,525
+21%