Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$118,154,473
Property, Plant, & Equipment (net)
63%
Cash & Equivalents
18%
Investments
17%
Other Assets
<1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$51,776,362
Tax-Exempt Bond Liabilities
75%
Payables & Accruals
22%
Notes Payable / Debt (Non-Related)
2%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$23,305,039
$21,484,606
-8%
Receivables (Non-Related)
$769,336
$637,863
-17%
Related-Party Receivables
-
-
-
Inventories
$32,644
$32,644
+0%
Prepaid Expenses
$124,688
$484,092
+288%
Investments
$18,100,461
$20,317,332
+12%
Property, Plant, & Equipment (net)
$66,768,305
$74,225,057
+11%
Other Assets
$1,302,635
$972,879
-25%
Total Assets
$110,403,108
$118,154,473
+7%
Liabilities
2024
2025
Change
Payables & Accruals
$10,411,036
$11,523,468
+11%
Grants Payable
-
-
-
Deferred Revenue
$149,574
$198,925
+33%
Tax-Exempt Bond Liabilities
$38,103,663
$38,902,371
+2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,518,730
$1,151,598
-24%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$50,183,003
$51,776,362
+3%
Net assets
2024
2025
Change
Restricted Net Assets
$3,516,666
$3,697,451
+5%
Unrestricted Net Assets
$56,703,439
$62,680,660
+11%
Net assets
2024
2025
Change
Net assets
+$60,220,105
+$66,378,111
+10%