Balance Sheet

Fiscal Year: 2024
Sep 1, 2023 – Aug 31, 2024
Assets in 2024 (Year End)
$16,141,929
Property, Plant, & Equipment (net)
74%
Cash & Equivalents
24%
Receivables (Non-Related)
2%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$6,238,074
Notes Payable / Debt (Non-Related)
94%
Payables & Accruals
6%
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
$3,158,086
$3,871,940
+23%
Receivables (Non-Related)
$1,214,963
$325,961
-73%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$11,728,398
$11,944,028
+2%
Other Assets
-
-
-
Total Assets
$16,101,447
$16,141,929
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$405,779
$371,146
-9%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,961,971
$5,866,928
-2%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$6,367,750
$6,238,074
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$8,795,613
$9,062,443
+3%
Unrestricted Net Assets
$938,084
$841,412
-10%
Net assets
2023
2024
Change
Net assets
+$9,733,697
+$9,903,855
+2%