Balance Sheet

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Assets in 2024 (Year End)
$8,893,631
Property, Plant, & Equipment (net)
78%
Cash & Equivalents
20%
Investments
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,890,949
Notes Payable / Debt (Non-Related)
83%
Deferred Revenue
11%
Other Liabilities
5%
Payables & Accruals
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,366,157
$1,790,758
+31%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,350
$2,350
+0%
Investments
$68,035
$78,010
+15%
Property, Plant, & Equipment (net)
$7,247,238
$6,956,328
-4%
Other Assets
$66,185
$66,185
+0%
Total Assets
$8,749,965
$8,893,631
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$4,722
$4,457
-6%
Grants Payable
-
-
-
Deferred Revenue
$208,929
$212,104
+2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,721,538
$1,572,948
-9%
Related-Party Payables
-
-
-
Other Liabilities
$120,713
$101,440
-16%
Total Liabilities
$2,055,902
$1,890,949
-8%
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
+$6,694,063
+$7,002,682
+5%