Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$3,246,173
Property, Plant, & Equipment (net)
77%
Cash & Equivalents
22%
Receivables (Non-Related)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2025 (Year End)
$2,598,380
Notes Payable / Debt (Non-Related)
67%
Deferred Revenue
27%
Payables & Accruals
7%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$735,907
$703,501
-4%
Receivables (Non-Related)
$74,012
$30,360
-59%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,184,746
$2,487,421
+14%
Other Assets
$11,889
$24,891
+109%
Total Assets
$3,006,554
$3,246,173
+8%
Liabilities
2024
2025
Change
Payables & Accruals
$103,071
$173,529
+68%
Grants Payable
-
-
-
Deferred Revenue
$570,130
$690,498
+21%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,592,796
$1,734,353
+9%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,265,997
$2,598,380
+15%
Net assets
2024
2025
Change
Restricted Net Assets
$130,502
$79,716
-39%
Unrestricted Net Assets
$610,055
$568,077
-7%
Net assets
2024
2025
Change
Net assets
+$740,557
+$647,793
-13%