Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$86,583,821
Receivables (Non-Related)
39%
Property, Plant, & Equipment (net)
27%
Other Assets
21%
Cash & Equivalents
8%
Prepaid Expenses
5%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$44,532,545
Payables & Accruals
34%
Other Liabilities
27%
Notes Payable / Debt (Non-Related)
20%
Deferred Revenue
11%
Custodial & Escrow Liabilities
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,816,906
$6,897,462
+145%
Receivables (Non-Related)
$32,272,768
$33,877,677
+5%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,161,104
$4,501,167
+288%
Investments
-
-
-
Property, Plant, & Equipment (net)
$16,723,553
$23,258,147
+39%
Other Assets
$17,357,614
$18,049,368
+4%
Total Assets
$70,331,945
$86,583,821
+23%
Liabilities
2024
2025
Change
Payables & Accruals
$13,100,109
$14,954,339
+14%
Grants Payable
-
-
-
Deferred Revenue
$185,343
$5,076,105
+2639%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$3,295,264
$3,456,210
+5%
Notes Payable / Debt (Non-Related)
$4,444,920
$9,003,677
+103%
Related-Party Payables
-
-
-
Other Liabilities
$13,062,745
$12,042,214
-8%
Total Liabilities
$34,088,381
$44,532,545
+31%
Net assets
2024
2025
Change
Restricted Net Assets
$1,293,635
$1,289,335
0%
Unrestricted Net Assets
$34,949,929
$40,761,941
+17%
Net assets
2024
2025
Change
Net assets
+$36,243,564
+$42,051,276
+16%