Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$5,939,919
Receivables (Non-Related)
39%
Other Assets
29%
Cash & Equivalents
14%
Investments
9%
Property, Plant, & Equipment (net)
7%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$7,852,593
Payables & Accruals
41%
Other Liabilities
31%
Notes Payable / Debt (Non-Related)
18%
Deferred Revenue
6%
Related-Party Payables
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,863,342
$849,779
-54%
Receivables (Non-Related)
$1,331,876
$2,296,170
+72%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$210,245
$104,444
-50%
Investments
$613,501
$551,905
-10%
Property, Plant, & Equipment (net)
$1,247,139
$398,625
-68%
Other Assets
$4,631,190
$1,738,996
-62%
Total Assets
$9,897,293
$5,939,919
-40%
Liabilities
2023
2024
Change
Payables & Accruals
$4,293,664
$3,253,399
-24%
Grants Payable
-
-
-
Deferred Revenue
$466,635
$484,901
+4%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,714,230
$1,395,446
-49%
Related-Party Payables
$215,000
$300,000
+40%
Other Liabilities
$2,490,890
$2,418,847
-3%
Total Liabilities
$10,180,419
$7,852,593
-23%
Net assets
2023
2024
Change
Restricted Net Assets
$712,112
$712,472
+0%
Unrestricted Net Assets
-$995,238
-$2,625,146
-164%
Net assets
2023
2024
Change
Net assets
-$283,126
-$1,912,674
-576%