Balance Sheet

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Assets in 2025 (Year End)
$133,607,064
Investments
94%
Cash & Equivalents
4%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$11,033,935
Other Liabilities
77%
Deferred Revenue
22%
Payables & Accruals
2%
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
$8,348,362
$4,847,942
-42%
Receivables (Non-Related)
$3,200,174
$2,991,729
-7%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$29,746
$33,093
+11%
Investments
$112,756,348
$125,721,796
+11%
Property, Plant, & Equipment (net)
$13,993
$12,504
-11%
Other Assets
$1,400,000
-
-
Total Assets
$125,748,623
$133,607,064
+6%
Liabilities
2024
2025
Change
Payables & Accruals
$53,365
$174,267
+227%
Grants Payable
-
-
-
Deferred Revenue
$2,244,540
$2,377,397
+6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$5,610,105
$8,482,271
+51%
Total Liabilities
$7,908,010
$11,033,935
+40%
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
+$117,840,613
+$122,573,129
+4%