Balance Sheet

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Assets in 2024 (Year End)
$5,460,730
Property, Plant, & Equipment (net)
98%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$5,460,730
Other Liabilities
93%
Payables & Accruals
7%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$31,629
$32,879
+4%
Receivables (Non-Related)
$150,540
$35,941
-76%
Related-Party Receivables
$0
-
-
Inventories
$0
-
-
Prepaid Expenses
$34,388
$34,388
+0%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$4,000,000
$5,357,522
+34%
Other Assets
$0
-
-
Total Assets
$4,216,557
$5,460,730
+30%
Liabilities
2023
2024
Change
Payables & Accruals
$141,182
$389,117
+176%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$368,368
$5,071,613
+1277%
Total Liabilities
$509,550
$5,460,730
+972%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-
$0
-
Net assets
2023
2024
Change
Net assets
+$3,707,007
+$0
-100%