Balance Sheet

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Assets in 2025 (Year End)
$24,293,537
Cash & Equivalents
71%
Property, Plant, & Equipment (net)
20%
Receivables (Non-Related)
4%
Inventories
2%
Prepaid Expenses
1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$24,293,537
Payables & Accruals
73%
Deferred Revenue
27%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$17,326,783
$17,346,894
+0%
Receivables (Non-Related)
$744,300
$953,106
+28%
Related-Party Receivables
-
-
-
Inventories
$663,394
$595,413
-10%
Prepaid Expenses
$296,949
$313,658
+6%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,562,749
$4,935,673
+216%
Other Assets
-
$148,793
-
Total Assets
$20,594,175
$24,293,537
+18%
Liabilities
2024
2025
Change
Payables & Accruals
$14,368,013
$17,739,198
+23%
Grants Payable
-
-
-
Deferred Revenue
$6,226,162
$6,554,339
+5%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$20,594,175
$24,293,537
+18%
Net assets
2024
2025
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2024
2025
Change
Net assets
+$0
+$0
-