Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$20,060,315
Property, Plant, & Equipment (net)
80%
Cash & Equivalents
18%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$19,087,641
Tax-Exempt Bond Liabilities
98%
Payables & Accruals
1%
Notes Payable / Debt (Non-Related)
<1%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,408,330
$3,541,289
-35%
Receivables (Non-Related)
$158,626
$244,884
+54%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$20,503
$126,275
+516%
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,006,360
$16,147,867
+102%
Other Assets
$5,098,118
$0
-100%
Total Assets
$18,691,937
$20,060,315
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$263,798
$276,661
+5%
Grants Payable
-
-
-
Deferred Revenue
$86,480
$10,980
-87%
Tax-Exempt Bond Liabilities
-
$18,745,000
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$18,850,000
$55,000
-100%
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$19,200,278
$19,087,641
-1%
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
-$508,341
+$972,674
-291%