Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$4,582,379
Property, Plant, & Equipment (net)
48%
Cash & Equivalents
43%
Receivables (Non-Related)
9%
Investments
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$4,123,660
Notes Payable / Debt (Non-Related)
77%
Deferred Revenue
20%
Payables & Accruals
3%
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
$2,040,902
$1,954,667
-4%
Receivables (Non-Related)
$676,519
$404,774
-40%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$6,327
$3,190
-50%
Investments
$19,200
$28,611
+49%
Property, Plant, & Equipment (net)
$2,290,908
$2,187,137
-5%
Other Assets
$4,000
$4,000
+0%
Total Assets
$5,037,856
$4,582,379
-9%
Liabilities
2024
2025
Change
Payables & Accruals
$138,254
$122,001
-12%
Grants Payable
-
-
-
Deferred Revenue
$483,726
$819,707
+69%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,344,201
$3,181,952
-5%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,966,181
$4,123,660
+4%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,071,675
$458,719
-57%
Net assets
2024
2025
Change
Net assets
+$1,071,675
+$458,719
-57%