Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$27,886,676
Cash & Equivalents
55%
Property, Plant, & Equipment (net)
26%
Receivables (Non-Related)
18%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$17,546,425
Notes Payable / Debt (Non-Related)
47%
Payables & Accruals
27%
Deferred Revenue
25%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$12,438,107
$15,394,686
+24%
Receivables (Non-Related)
$4,828,656
$4,925,808
+2%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$23,171
$135,159
+483%
Investments
-
-
-
Property, Plant, & Equipment (net)
$7,693,864
$7,342,723
-5%
Other Assets
$141,681
$88,300
-38%
Total Assets
$25,125,479
$27,886,676
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$1,454,026
$4,810,031
+231%
Grants Payable
-
-
-
Deferred Revenue
$5,226,933
$4,377,692
-16%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$8,540,140
$8,307,140
-3%
Related-Party Payables
-
-
-
Other Liabilities
$104,035
$51,562
-50%
Total Liabilities
$15,325,134
$17,546,425
+14%
Net assets
2023
2024
Change
Restricted Net Assets
$482,297
$464,942
-4%
Unrestricted Net Assets
$9,318,048
$9,875,309
+6%
Net assets
2023
2024
Change
Net assets
+$9,800,345
+$10,340,251
+6%