Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$3,388,238
Cash & Equivalents
54%
Property, Plant, & Equipment (net)
41%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$453,690
Payables & Accruals
60%
Notes Payable / Debt (Non-Related)
33%
Other Liabilities
7%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,792,671
$1,840,588
+3%
Receivables (Non-Related)
$71,255
$115,631
+62%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$42,275
$31,504
-25%
Investments
-
-
-
Property, Plant, & Equipment (net)
$249,472
$1,383,841
+455%
Other Assets
$1,289,707
$16,674
-99%
Total Assets
$3,445,380
$3,388,238
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$413,137
$273,555
-34%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$150,000
$150,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$30,135
$30,135
+0%
Total Liabilities
$593,272
$453,690
-24%
Net assets
2023
2024
Change
Restricted Net Assets
$1,082,296
$1,505,625
+39%
Unrestricted Net Assets
$1,769,812
$1,428,923
-19%
Net assets
2023
2024
Change
Net assets
+$2,852,108
+$2,934,548
+3%