Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$140,862,651
Property, Plant, & Equipment (net)
78%
Investments
16%
Receivables (Non-Related)
3%
Cash & Equivalents
3%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$131,480,936
Deferred Revenue
53%
Tax-Exempt Bond Liabilities
42%
Payables & Accruals
3%
Other Liabilities
2%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$3,778,629
$3,731,527
-1%
Receivables (Non-Related)
$2,699,254
$4,819,065
+79%
Related-Party Receivables
$0
$0
-
Inventories
$129,761
$169,299
+30%
Prepaid Expenses
$408,347
$395,944
-3%
Investments
$23,680,103
$22,006,389
-7%
Property, Plant, & Equipment (net)
$107,246,486
$109,740,427
+2%
Other Assets
$0
$0
-
Total Assets
$137,942,580
$140,862,651
+2%
Liabilities
2024
2025
Change
Payables & Accruals
$3,967,359
$4,001,221
+1%
Grants Payable
-
-
-
Deferred Revenue
$68,854,880
$69,919,872
+2%
Tax-Exempt Bond Liabilities
$57,925,935
$55,526,116
-4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$31,343
$16,892
-46%
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$2,016,835
-
Total Liabilities
$130,779,517
$131,480,936
+1%
Net assets
2024
2025
Change
Restricted Net Assets
$1,809,728
$1,813,529
+0%
Unrestricted Net Assets
$5,353,335
$7,568,186
+41%
Net assets
2024
2025
Change
Net assets
+$7,163,063
+$9,381,715
+31%