Balance Sheet

Fiscal Year: 2025
Apr 1, 2024 – Mar 31, 2025
Assets in 2025 (Year End)
$47,167,002
Property, Plant, & Equipment (net)
48%
Receivables (Non-Related)
27%
Cash & Equivalents
23%
Other Assets
2%
Inventories
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$51,970,490
Tax-Exempt Bond Liabilities
50%
Other Liabilities
40%
Payables & Accruals
10%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$212,076
$10,614,878
+4905%
Receivables (Non-Related)
$8,044,366
$12,601,301
+57%
Related-Party Receivables
$0
$0
-
Inventories
$473,390
$572,541
+21%
Prepaid Expenses
$122,210
$118,622
-3%
Investments
-
-
-
Property, Plant, & Equipment (net)
$21,897,028
$22,438,191
+2%
Other Assets
$447,911
$821,469
+83%
Total Assets
$31,196,981
$47,167,002
+51%
Liabilities
2024
2025
Change
Payables & Accruals
$4,048,967
$5,131,135
+27%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$16,862,928
$25,765,940
+53%
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$384,483
$39,825
-90%
Related-Party Payables
$0
$0
-
Other Liabilities
$11,889,795
$21,033,590
+77%
Total Liabilities
$33,186,173
$51,970,490
+57%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$1,989,192
-$4,803,488
-141%
Net assets
2024
2025
Change
Net assets
-$1,989,192
-$4,803,488
-141%