Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$17,794,526
Cash & Equivalents
50%
Property, Plant, & Equipment (net)
47%
Investments
1%
Other Assets
1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$11,645,520
Tax-Exempt Bond Liabilities
70%
Deferred Revenue
26%
Payables & Accruals
5%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$7,513,820
$8,896,467
+18%
Receivables (Non-Related)
$56,203
$16,335
-71%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$35,999
$70,990
+97%
Investments
$207,709
$226,107
+9%
Property, Plant, & Equipment (net)
$7,798,443
$8,400,254
+8%
Other Assets
$195,844
$184,373
-6%
Total Assets
$15,808,018
$17,794,526
+13%
Liabilities
2024
2025
Change
Payables & Accruals
$634,461
$534,484
-16%
Grants Payable
-
-
-
Deferred Revenue
$3,123,037
$3,015,907
-3%
Tax-Exempt Bond Liabilities
$8,295,644
$8,095,129
-2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$12,053,142
$11,645,520
-3%
Net assets
2024
2025
Change
Restricted Net Assets
$579,196
$537,002
-7%
Unrestricted Net Assets
$3,175,680
$5,612,004
+77%
Net assets
2024
2025
Change
Net assets
+$3,754,876
+$6,149,006
+64%