Balance Sheet

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Assets in 2024 (Year End)
$6,571,481
Receivables (Non-Related)
68%
Cash & Equivalents
31%
Prepaid Expenses
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$679,929
Notes Payable / Debt (Non-Related)
58%
Payables & Accruals
33%
Deferred Revenue
9%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,808,807
$2,010,000
+11%
Receivables (Non-Related)
$710,133
$4,440,512
+525%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$36,137
$67,078
+86%
Investments
$20,530
-
-
Property, Plant, & Equipment (net)
$67,949
$53,891
-21%
Other Assets
$0
-
-
Total Assets
$2,643,556
$6,571,481
+149%
Liabilities
2023
2024
Change
Payables & Accruals
$345,089
$227,499
-34%
Grants Payable
-
-
-
Deferred Revenue
$16,458
$58,458
+255%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$522,443
$393,972
-25%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$883,990
$679,929
-23%
Net assets
2023
2024
Change
Restricted Net Assets
$657,958
$4,168,277
+534%
Unrestricted Net Assets
$1,101,608
$1,723,275
+56%
Net assets
2023
2024
Change
Net assets
+$1,759,566
+$5,891,552
+235%