Balance Sheet

Fiscal Year Start:
May 1
Assets in 2025 (Year End)
$128,553,959
Receivables (Non-Related)
66%
Cash & Equivalents
18%
Other Assets
12%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$67,878,133
Notes Payable / Debt (Non-Related)
42%
Deferred Revenue
32%
Other Liabilities
11%
Custodial & Escrow Liabilities
10%
Payables & Accruals
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$7,713,789
$23,552,345
+205%
Receivables (Non-Related)
$75,378,343
$84,287,989
+12%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$115,018
$593,039
+416%
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,373,176
$4,917,860
-8%
Other Assets
$5,526,730
$15,202,726
+175%
Total Assets
$94,107,056
$128,553,959
+37%
Liabilities
2024
2025
Change
Payables & Accruals
$2,475,424
$2,881,660
+16%
Grants Payable
-
-
-
Deferred Revenue
$16,463,646
$22,013,048
+34%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$4,359,036
$7,011,772
+61%
Notes Payable / Debt (Non-Related)
$8,317,274
$28,461,005
+242%
Related-Party Payables
-
-
-
Other Liabilities
$7,640,061
$7,510,648
-2%
Total Liabilities
$39,255,441
$67,878,133
+73%
Net assets
2024
2025
Change
Restricted Net Assets
$10,378,436
$10,378,436
+0%
Unrestricted Net Assets
$44,473,179
$50,297,390
+13%
Net assets
2024
2025
Change
Net assets
+$54,851,615
+$60,675,826
+11%