Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$114,838,744
Property, Plant, & Equipment (net)
51%
Cash & Equivalents
23%
Investments
23%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
<1%
Other Assets
<1%
Inventories
0%
Liabilities in 2025 (Year End)
$24,785,577
Tax-Exempt Bond Liabilities
58%
Deferred Revenue
36%
Payables & Accruals
6%
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
$22,459,331
$26,632,119
+19%
Receivables (Non-Related)
$3,446,371
$2,439,595
-29%
Related-Party Receivables
$400,000
$400,000
+0%
Inventories
-
-
-
Prepaid Expenses
$540,311
$502,084
-7%
Investments
$19,987,290
$26,596,021
+33%
Property, Plant, & Equipment (net)
$58,540,806
$58,218,925
-1%
Other Assets
$74,879
$50,000
-33%
Total Assets
$105,448,988
$114,838,744
+9%
Liabilities
2024
2025
Change
Payables & Accruals
$1,173,707
$1,421,009
+21%
Grants Payable
-
-
-
Deferred Revenue
$7,234,329
$9,018,387
+25%
Tax-Exempt Bond Liabilities
$15,256,116
$14,346,181
-6%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$23,664,152
$24,785,577
+5%
Net assets
2024
2025
Change
Restricted Net Assets
$18,059,188
$21,651,283
+20%
Unrestricted Net Assets
$63,725,648
$68,401,884
+7%
Net assets
2024
2025
Change
Net assets
+$81,784,836
+$90,053,167
+10%