Balance Sheet

Fiscal Year Start:
Sep 1
Assets in 2025 (Year End)
$76,135,268
Property, Plant, & Equipment (net)
54%
Investments
14%
Cash & Equivalents
13%
Receivables (Non-Related)
10%
Other Assets
8%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$51,181,062
Tax-Exempt Bond Liabilities
57%
Deferred Revenue
24%
Notes Payable / Debt (Non-Related)
16%
Payables & Accruals
3%
Other Liabilities
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,822,672
$10,030,681
+255%
Receivables (Non-Related)
$8,041,958
$7,455,360
-7%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$955,142
$537,228
-44%
Investments
$12,922,748
$10,906,659
-16%
Property, Plant, & Equipment (net)
$60,836,136
$41,085,814
-32%
Other Assets
$115,314
$6,119,526
+5207%
Total Assets
$85,693,970
$76,135,268
-11%
Liabilities
2024
2025
Change
Payables & Accruals
$1,273,577
$1,294,727
+2%
Grants Payable
-
-
-
Deferred Revenue
$11,304,983
$12,291,935
+9%
Tax-Exempt Bond Liabilities
-
$29,322,000
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$43,753,561
$8,130,205
-81%
Related-Party Payables
-
-
-
Other Liabilities
$374,173
$142,195
-62%
Total Liabilities
$56,706,294
$51,181,062
-10%
Net assets
2024
2025
Change
Restricted Net Assets
$1,141,829
$1,141,829
+0%
Unrestricted Net Assets
$27,845,847
$23,812,377
-14%
Net assets
2024
2025
Change
Net assets
+$28,987,676
+$24,954,206
-14%