Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Dec 31, 2024
Assets in 2025 (Year End)
$40,188,722
Other Assets
81%
Cash & Equivalents
8%
Receivables (Non-Related)
6%
Property, Plant, & Equipment (net)
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$30,930,936
Notes Payable / Debt (Non-Related)
79%
Payables & Accruals
13%
Other Liabilities
7%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$966,883
$3,300,059
+241%
Receivables (Non-Related)
$2,286,636
$2,532,183
+11%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$67,884
$19,848
-71%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,090,054
$1,951,740
-37%
Other Assets
$16,627,959
$32,384,892
+95%
Total Assets
$23,039,416
$40,188,722
+74%
Liabilities
2024
2025
Change
Payables & Accruals
$916,673
$4,122,704
+350%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$12,601,503
$24,492,750
+94%
Related-Party Payables
-
-
-
Other Liabilities
$1,184,803
$2,315,482
+95%
Total Liabilities
$14,702,979
$30,930,936
+110%
Net assets
2024
2025
Change
Restricted Net Assets
$4,093,519
$3,949,691
-4%
Unrestricted Net Assets
$4,242,918
$5,308,095
+25%
Net assets
2024
2025
Change
Net assets
+$8,336,437
+$9,257,786
+11%