Balance Sheet

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Assets in 2024 (Year End)
$1,741,686
Cash & Equivalents
98%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$94,849
Payables & Accruals
84%
Deferred Revenue
16%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,217,716
$1,712,401
+41%
Receivables (Non-Related)
$47,592
$14,029
-71%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$135,391
$13,320
-90%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,616
$1,936
-26%
Other Assets
-
-
-
Total Assets
$1,403,315
$1,741,686
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$24,701
$79,849
+223%
Grants Payable
-
-
-
Deferred Revenue
$4,000
$15,000
+275%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$28,701
$94,849
+230%
Net assets
2023
2024
Change
Restricted Net Assets
$239,788
$436,943
+82%
Unrestricted Net Assets
$1,134,826
$1,209,894
+7%
Net assets
2023
2024
Change
Net assets
+$1,374,614
+$1,646,837
+20%