Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$28,250,220
Investments
60%
Cash & Equivalents
27%
Other Assets
6%
Receivables (Non-Related)
6%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$10,470,984
Deferred Revenue
54%
Payables & Accruals
27%
Other Liabilities
19%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$26,905,486
$7,729,175
-71%
Receivables (Non-Related)
$472,017
$1,593,583
+238%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$325,946
$270,802
-17%
Investments
-
$16,846,823
-
Property, Plant, & Equipment (net)
$72,614
$54,988
-24%
Other Assets
$2,000,207
$1,754,849
-12%
Total Assets
$29,776,270
$28,250,220
-5%
Liabilities
2024
2025
Change
Payables & Accruals
$1,789,534
$2,802,931
+57%
Grants Payable
-
-
-
Deferred Revenue
$11,083,369
$5,695,415
-49%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,274,296
$1,972,638
-13%
Total Liabilities
$15,147,199
$10,470,984
-31%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$14,629,071
$17,779,236
+22%
Net assets
2024
2025
Change
Net assets
+$14,629,071
+$17,779,236
+22%