Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$33,539,399
Property, Plant, & Equipment (net)
67%
Receivables (Non-Related)
15%
Other Assets
6%
Cash & Equivalents
5%
Inventories
5%
Prepaid Expenses
2%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$14,660,845
Other Liabilities
43%
Notes Payable / Debt (Non-Related)
27%
Deferred Revenue
21%
Payables & Accruals
9%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,159,819
$1,768,541
+52%
Receivables (Non-Related)
$4,893,216
$5,010,237
+2%
Related-Party Receivables
-
-
-
Inventories
$1,474,048
$1,699,078
+15%
Prepaid Expenses
$630,775
$728,138
+15%
Investments
-
-
-
Property, Plant, & Equipment (net)
$22,881,381
$22,387,558
-2%
Other Assets
$2,305,918
$1,945,847
-16%
Total Assets
$33,345,157
$33,539,399
+1%
Liabilities
2024
2025
Change
Payables & Accruals
$1,223,142
$1,252,769
+2%
Grants Payable
-
-
-
Deferred Revenue
$2,962,601
$3,108,208
+5%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,329,000
$3,996,000
-8%
Related-Party Payables
-
-
-
Other Liabilities
$6,178,800
$6,303,868
+2%
Total Liabilities
$14,693,543
$14,660,845
0%
Net assets
2024
2025
Change
Restricted Net Assets
$286,194
$108,321
-62%
Unrestricted Net Assets
$18,365,420
$18,770,233
+2%
Net assets
2024
2025
Change
Net assets
+$18,651,614
+$18,878,554
+1%