Balance Sheet

Fiscal Year: 2025
May 1, 2024 – Apr 30, 2025
Assets in 2025 (Year End)
$61,965,832
Cash & Equivalents
70%
Property, Plant, & Equipment (net)
21%
Receivables (Non-Related)
7%
Prepaid Expenses
<1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$3,730,332
Payables & Accruals
48%
Other Liabilities
42%
Notes Payable / Debt (Non-Related)
10%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$42,539,301
$43,608,124
+3%
Receivables (Non-Related)
$4,979,282
$4,278,034
-14%
Related-Party Receivables
-
-
-
Inventories
$241,381
$294,638
+22%
Prepaid Expenses
$422,832
$522,454
+24%
Investments
-
-
-
Property, Plant, & Equipment (net)
$11,673,986
$13,116,086
+12%
Other Assets
$215,276
$146,496
-32%
Total Assets
$60,072,058
$61,965,832
+3%
Liabilities
2024
2025
Change
Payables & Accruals
$815,786
$1,803,009
+121%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$492,189
$354,529
-28%
Related-Party Payables
-
-
-
Other Liabilities
$2,654,708
$1,572,794
-41%
Total Liabilities
$3,962,683
$3,730,332
-6%
Net assets
2024
2025
Change
Restricted Net Assets
$247,286
$252,960
+2%
Unrestricted Net Assets
$55,862,089
$57,982,540
+4%
Net assets
2024
2025
Change
Net assets
+$56,109,375
+$58,235,500
+4%