Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$214,023
Property, Plant, & Equipment (net)
48%
Cash & Equivalents
24%
Prepaid Expenses
18%
Receivables (Non-Related)
7%
Other Assets
2%
Investments
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$417,005
Payables & Accruals
59%
Related-Party Payables
24%
Notes Payable / Debt (Non-Related)
17%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$86,485
$50,751
-41%
Receivables (Non-Related)
$13,854
$14,709
+6%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$38,145
$38,145
+0%
Investments
$2,587
$2,587
+0%
Property, Plant, & Equipment (net)
$14,835
$102,831
+593%
Other Assets
$5,000
$5,000
+0%
Total Assets
$160,906
$214,023
+33%
Liabilities
2023
2024
Change
Payables & Accruals
$85,419
$246,353
+188%
Grants Payable
-
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$70,000
$70,652
+1%
Related-Party Payables
$235,000
$100,000
-57%
Other Liabilities
-
-
-
Total Liabilities
$390,419
$417,005
+7%
Net assets
2023
2024
Change
Restricted Net Assets
$5,000
$5,000
+0%
Unrestricted Net Assets
-$234,513
-$207,982
+11%
Net assets
2023
2024
Change
Net assets
-$229,513
-$202,982
+12%