Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$119,595,426
Property, Plant, & Equipment (net)
70%
Cash & Equivalents
20%
Other Assets
9%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$109,345,793
Tax-Exempt Bond Liabilities
61%
Other Liabilities
22%
Notes Payable / Debt (Non-Related)
15%
Payables & Accruals
1%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$22,416,226
$23,886,014
+7%
Receivables (Non-Related)
$504,912
$784,537
+55%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$104,000
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$85,279,603
$83,839,980
-2%
Other Assets
$9,304,497
$10,980,895
+18%
Total Assets
$117,505,238
$119,595,426
+2%
Liabilities
2024
2025
Change
Payables & Accruals
$2,541,831
$1,638,300
-36%
Grants Payable
-
-
-
Deferred Revenue
$143,049
$151,217
+6%
Tax-Exempt Bond Liabilities
$67,724,225
$66,927,462
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$16,812,891
$16,436,148
-2%
Related-Party Payables
-
-
-
Other Liabilities
$20,969,845
$24,192,666
+15%
Total Liabilities
$108,191,841
$109,345,793
+1%
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
+$9,313,397
+$10,249,633
+10%