Balance Sheet

Fiscal Year: 2025
Sep 1, 2024 – Aug 31, 2025
Assets in 2025 (Year End)
$4,492,512
Property, Plant, & Equipment (net)
55%
Cash & Equivalents
38%
Receivables (Non-Related)
4%
Other Assets
3%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2025 (Year End)
$3,381,904
Notes Payable / Debt (Non-Related)
59%
Deferred Revenue
32%
Other Liabilities
5%
Payables & Accruals
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,397,828
$1,689,194
-30%
Receivables (Non-Related)
$63,922
$168,848
+164%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$874
$0
-100%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,666,659
$2,487,322
-7%
Other Assets
$147,148
$147,148
+0%
Total Assets
$5,276,431
$4,492,512
-15%
Liabilities
2024
2025
Change
Payables & Accruals
$80,951
$117,247
+45%
Grants Payable
-
-
-
Deferred Revenue
$2,101,788
$1,077,958
-49%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,453,206
$2,010,832
-18%
Related-Party Payables
-
-
-
Other Liabilities
$173,588
$175,867
+1%
Total Liabilities
$4,809,533
$3,381,904
-30%
Net assets
2024
2025
Change
Restricted Net Assets
$71,444
$71,444
+0%
Unrestricted Net Assets
$395,454
$1,039,164
+163%
Net assets
2024
2025
Change
Net assets
+$466,898
+$1,110,608
+138%