Balance Sheet

Fiscal Year: 2025
Mar 1, 2024 – Feb 28, 2025
Assets in 2025 (Year End)
$75,734,964
Investments
47%
Other Assets
33%
Receivables (Non-Related)
8%
Property, Plant, & Equipment (net)
6%
Cash & Equivalents
5%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$59,048,648
Other Liabilities
39%
Deferred Revenue
28%
Payables & Accruals
24%
Notes Payable / Debt (Non-Related)
8%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,487,314
$3,513,971
+41%
Receivables (Non-Related)
$3,052,567
$6,298,901
+106%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,214,920
$1,134,382
-49%
Investments
$35,804,398
$35,475,641
-1%
Property, Plant, & Equipment (net)
$1,268,944
$4,508,452
+255%
Other Assets
$11,080,020
$24,803,617
+124%
Total Assets
$55,908,163
$75,734,964
+35%
Liabilities
2024
2025
Change
Payables & Accruals
$15,566,918
$14,270,816
-8%
Grants Payable
-
-
-
Deferred Revenue
$13,403,495
$16,744,657
+25%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$200,000
$200,000
+0%
Notes Payable / Debt (Non-Related)
$4,400,913
$4,821,198
+10%
Related-Party Payables
-
-
-
Other Liabilities
$6,572,665
$23,011,977
+250%
Total Liabilities
$40,143,991
$59,048,648
+47%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$15,764,172
$16,686,316
+6%
Net assets
2024
2025
Change
Net assets
+$15,764,172
+$16,686,316
+6%