Balance Sheet

Fiscal Year: 2024
Sep 1, 2023 – Aug 31, 2024
Assets in 2024 (Year End)
$10,697,953
Other Assets
52%
Cash & Equivalents
30%
Receivables (Non-Related)
14%
Prepaid Expenses
4%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$3,122,822
Other Liabilities
40%
Notes Payable / Debt (Non-Related)
28%
Payables & Accruals
25%
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
$4,570,368
$3,209,025
-30%
Receivables (Non-Related)
$1,403,152
$1,477,878
+5%
Related-Party Receivables
-
-
-
Inventories
$21,919
$25,037
+14%
Prepaid Expenses
$0
$374,618
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$5,424,140
$5,611,395
+3%
Total Assets
$11,419,579
$10,697,953
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$1,178,252
$767,925
-35%
Grants Payable
-
-
-
Deferred Revenue
$1,435,074
$245,597
-83%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$952,260
$865,920
-9%
Related-Party Payables
-
-
-
Other Liabilities
$380,895
$1,243,380
+226%
Total Liabilities
$3,946,481
$3,122,822
-21%
Net assets
2023
2024
Change
Restricted Net Assets
$272,500
$0
-100%
Unrestricted Net Assets
$7,200,598
$7,575,131
+5%
Net assets
2023
2024
Change
Net assets
+$7,473,098
+$7,575,131
+1%