Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$1,937,921,505
Investments
38%
Property, Plant, & Equipment (net)
28%
Receivables (Non-Related)
17%
Other Assets
11%
Cash & Equivalents
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$736,927,026
Deferred Revenue
45%
Payables & Accruals
24%
Notes Payable / Debt (Non-Related)
16%
Other Liabilities
15%
Tax-Exempt Bond Liabilities
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$111,892,388
$118,145,895
+6%
Receivables (Non-Related)
$291,411,333
$325,894,348
+12%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$162,684
$162,156
0%
Investments
$668,936,883
$740,371,034
+11%
Property, Plant, & Equipment (net)
$402,679,444
$546,034,767
+36%
Other Assets
$155,983,836
$207,313,305
+33%
Total Assets
$1,631,066,568
$1,937,921,505
+19%
Liabilities
2024
2025
Change
Payables & Accruals
$150,447,268
$174,118,553
+16%
Grants Payable
-
-
-
Deferred Revenue
$328,705,074
$330,558,020
+1%
Tax-Exempt Bond Liabilities
$2,670,000
$2,410,000
-10%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$134,703,323
$117,377,247
-13%
Related-Party Payables
$0
$0
-
Other Liabilities
$117,000,549
$112,463,206
-4%
Total Liabilities
$733,526,214
$736,927,026
+0%
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
+$897,540,354
+$1,200,994,479
+34%