Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$18,892,426
Property, Plant, & Equipment (net)
86%
Other Assets
12%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$13,625,016
Tax-Exempt Bond Liabilities
62%
Notes Payable / Debt (Non-Related)
25%
Deferred Revenue
11%
Payables & Accruals
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$426,530
$357,723
-16%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$4,177
$6,398
+53%
Investments
-
-
-
Property, Plant, & Equipment (net)
$16,759,562
$16,269,842
-3%
Other Assets
$2,209,428
$2,258,463
+2%
Total Assets
$19,399,697
$18,892,426
-3%
Liabilities
2024
2025
Change
Payables & Accruals
$255,933
$250,504
-2%
Grants Payable
-
-
-
Deferred Revenue
$1,490,967
$1,454,025
-2%
Tax-Exempt Bond Liabilities
$8,810,000
$8,470,000
-4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,203,137
$3,450,487
-18%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$14,760,037
$13,625,016
-8%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$4,639,660
$5,267,410
+14%
Net assets
2024
2025
Change
Net assets
+$4,639,660
+$5,267,410
+14%