Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$12,272,805
Property, Plant, & Equipment (net)
91%
Other Assets
6%
Cash & Equivalents
2%
Inventories
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$5,347,329
Notes Payable / Debt (Non-Related)
95%
Payables & Accruals
5%
Deferred Revenue
<1%
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
$1,285,207
$210,246
-84%
Receivables (Non-Related)
$9,966
$3,180
-68%
Related-Party Receivables
-
-
-
Inventories
$13,596
$91,635
+574%
Prepaid Expenses
-
$10,498
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$11,553,697
$11,202,948
-3%
Other Assets
$913,632
$754,298
-17%
Total Assets
$13,776,098
$12,272,805
-11%
Liabilities
2023
2024
Change
Payables & Accruals
$513,474
$252,769
-51%
Grants Payable
-
-
-
Deferred Revenue
$8,000
$8,000
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,122,067
$5,086,560
-1%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$5,643,541
$5,347,329
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$15,000
-
-
Unrestricted Net Assets
$8,117,557
$6,925,476
-15%
Net assets
2023
2024
Change
Net assets
+$8,132,557
+$6,925,476
-15%