Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$189,886,478
Investments
53%
Other Assets
13%
Cash & Equivalents
12%
Property, Plant, & Equipment (net)
12%
Receivables (Non-Related)
8%
Inventories
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$52,389,125
Tax-Exempt Bond Liabilities
61%
Payables & Accruals
26%
Other Liabilities
13%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$15,045,799
$22,659,637
+51%
Receivables (Non-Related)
$10,049,498
$14,255,871
+42%
Related-Party Receivables
-
-
-
Inventories
$2,663,211
$2,827,663
+6%
Prepaid Expenses
$859,088
$1,223,356
+42%
Investments
$82,057,729
$101,402,188
+24%
Property, Plant, & Equipment (net)
$21,045,219
$22,535,378
+7%
Other Assets
$16,900,182
$24,982,385
+48%
Total Assets
$148,620,726
$189,886,478
+28%
Liabilities
2024
2025
Change
Payables & Accruals
$13,638,441
$13,775,578
+1%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$16,270,022
$31,820,414
+96%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,868,532
$6,793,133
+137%
Total Liabilities
$32,776,995
$52,389,125
+60%
Net assets
2024
2025
Change
Restricted Net Assets
$1,308,650
$1,450,109
+11%
Unrestricted Net Assets
$114,535,081
$136,047,244
+19%
Net assets
2024
2025
Change
Net assets
+$115,843,731
+$137,497,353
+19%