Balance Sheet

Fiscal Year Start:
Apr 1
Assets in 2025 (Year End)
$24,084,475
Cash & Equivalents
51%
Receivables (Non-Related)
32%
Prepaid Expenses
7%
Property, Plant, & Equipment (net)
6%
Other Assets
4%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$18,531,185
Deferred Revenue
72%
Payables & Accruals
24%
Other Liabilities
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$13,874,355
$12,339,853
-11%
Receivables (Non-Related)
$6,595,502
$7,591,091
+15%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,685,249
$1,658,019
-2%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,312,504
$1,435,004
+9%
Other Assets
$540,842
$1,060,508
+96%
Total Assets
$24,008,452
$24,084,475
+0%
Liabilities
2024
2025
Change
Payables & Accruals
$3,848,017
$4,453,171
+16%
Grants Payable
-
-
-
Deferred Revenue
$12,323,609
$13,324,319
+8%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$311,968
$753,695
+142%
Total Liabilities
$16,483,594
$18,531,185
+12%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$7,524,858
$5,553,290
-26%
Net assets
2024
2025
Change
Net assets
+$7,524,858
+$5,553,290
-26%