Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$87,735,796
Investments
51%
Property, Plant, & Equipment (net)
29%
Cash & Equivalents
16%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$17,132,314
Tax-Exempt Bond Liabilities
58%
Deferred Revenue
27%
Payables & Accruals
14%
Other Liabilities
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$14,796,419
$13,665,558
-8%
Receivables (Non-Related)
$687,388
$2,073,021
+202%
Related-Party Receivables
-
-
-
Inventories
$140,422
$144,431
+3%
Prepaid Expenses
$515,584
$613,186
+19%
Investments
$41,028,313
$44,871,276
+9%
Property, Plant, & Equipment (net)
$26,058,925
$25,813,858
-1%
Other Assets
$517,004
$554,466
+7%
Total Assets
$83,744,055
$87,735,796
+5%
Liabilities
2024
2025
Change
Payables & Accruals
$2,814,970
$2,324,270
-17%
Grants Payable
-
-
-
Deferred Revenue
$4,766,905
$4,608,541
-3%
Tax-Exempt Bond Liabilities
$10,585,542
$9,908,094
-6%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$274,754
$291,409
+6%
Total Liabilities
$18,442,171
$17,132,314
-7%
Net assets
2024
2025
Change
Restricted Net Assets
$39,003,304
$43,163,545
+11%
Unrestricted Net Assets
$26,298,580
$27,439,937
+4%
Net assets
2024
2025
Change
Net assets
+$65,301,884
+$70,603,482
+8%