Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$3,429,970
Other Assets
55%
Property, Plant, & Equipment (net)
29%
Cash & Equivalents
13%
Inventories
1%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,802,224
Other Liabilities
90%
Deferred Revenue
8%
Payables & Accruals
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$11,469
$440,454
+3740%
Receivables (Non-Related)
-
$41,773
-
Related-Party Receivables
-
-
-
Inventories
$65,175
$50,243
-23%
Prepaid Expenses
$6,900
$1,210
-82%
Investments
-
-
-
Property, Plant, & Equipment (net)
$880,000
$1,000,293
+14%
Other Assets
$82,156
$1,895,997
+2208%
Total Assets
$1,045,700
$3,429,970
+228%
Liabilities
2023
2024
Change
Payables & Accruals
$5,646
$35,395
+527%
Grants Payable
-
-
-
Deferred Revenue
-
$237,206
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$337,363
$2,529,623
+650%
Total Liabilities
$343,009
$2,802,224
+717%
Net assets
2023
2024
Change
Restricted Net Assets
$72,000
$31,295
-57%
Unrestricted Net Assets
$630,691
$596,451
-5%
Net assets
2023
2024
Change
Net assets
+$702,691
+$627,746
-11%