Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$5,501,752
Cash & Equivalents
51%
Property, Plant, & Equipment (net)
35%
Receivables (Non-Related)
10%
Other Assets
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$2,036,770
Notes Payable / Debt (Non-Related)
33%
Payables & Accruals
30%
Deferred Revenue
28%
Other Liabilities
9%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,555,753
$2,817,380
+81%
Receivables (Non-Related)
$549,172
$576,277
+5%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$8,398
$35
-100%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,730,339
$1,926,319
+11%
Other Assets
$213,254
$181,741
-15%
Total Assets
$4,056,916
$5,501,752
+36%
Liabilities
2024
2025
Change
Payables & Accruals
$445,675
$607,284
+36%
Grants Payable
-
-
-
Deferred Revenue
$20,569
$560,844
+2627%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$829,072
$678,217
-18%
Related-Party Payables
-
-
-
Other Liabilities
$220,738
$190,425
-14%
Total Liabilities
$1,516,054
$2,036,770
+34%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,540,862
$3,464,982
+36%
Net assets
2024
2025
Change
Net assets
+$2,540,862
+$3,464,982
+36%