Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$71,553,890
Property, Plant, & Equipment (net)
38%
Investments
27%
Other Assets
19%
Cash & Equivalents
14%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$36,185,505
Other Liabilities
34%
Deferred Revenue
28%
Tax-Exempt Bond Liabilities
25%
Notes Payable / Debt (Non-Related)
8%
Payables & Accruals
6%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$12,986,350
$9,919,606
-24%
Receivables (Non-Related)
$50,454
$1,020,029
+1922%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$303,553
$282,347
-7%
Investments
$13,407,943
$19,618,403
+46%
Property, Plant, & Equipment (net)
$25,749,331
$27,099,689
+5%
Other Assets
$13,383,118
$13,613,816
+2%
Total Assets
$65,880,749
$71,553,890
+9%
Liabilities
2024
2025
Change
Payables & Accruals
$1,704,271
$2,307,662
+35%
Grants Payable
-
-
-
Deferred Revenue
$9,404,997
$9,995,415
+6%
Tax-Exempt Bond Liabilities
$9,137,164
$8,915,453
-2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,677,693
$2,725,765
+2%
Related-Party Payables
-
-
-
Other Liabilities
$12,167,811
$12,241,210
+1%
Total Liabilities
$35,091,936
$36,185,505
+3%
Net assets
2024
2025
Change
Restricted Net Assets
$2,382,310
$3,883,447
+63%
Unrestricted Net Assets
$28,406,503
$31,484,938
+11%
Net assets
2024
2025
Change
Net assets
+$30,788,813
+$35,368,385
+15%