Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$91,720,264
Receivables (Non-Related)
67%
Cash & Equivalents
18%
Property, Plant, & Equipment (net)
13%
Investments
2%
Related-Party Receivables
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
0%
Liabilities in 2025 (Year End)
$5,316,940
Deferred Revenue
88%
Notes Payable / Debt (Non-Related)
9%
Payables & Accruals
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$14,590,392
$16,116,694
+10%
Receivables (Non-Related)
$60,080,029
$61,633,817
+3%
Related-Party Receivables
$360,355
$347,990
-3%
Inventories
-
-
-
Prepaid Expenses
$7,633
$16,376
+115%
Investments
$1,000,000
$1,400,000
+40%
Property, Plant, & Equipment (net)
$11,923,794
$12,090,147
+1%
Other Assets
$129,459
$115,240
-11%
Total Assets
$88,091,662
$91,720,264
+4%
Liabilities
2024
2025
Change
Payables & Accruals
$297,304
$175,726
-41%
Grants Payable
-
-
-
Deferred Revenue
$2,900,000
$4,676,450
+61%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$463,528
$464,764
+0%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,660,832
$5,316,940
+45%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$84,430,830
$86,403,324
+2%
Net assets
2024
2025
Change
Net assets
+$84,430,830
+$86,403,324
+2%