Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$149,438,349
Receivables (Non-Related)
51%
Investments
39%
Cash & Equivalents
5%
Other Assets
3%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$82,557,410
Notes Payable / Debt (Non-Related)
49%
Tax-Exempt Bond Liabilities
45%
Payables & Accruals
4%
Other Liabilities
2%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$6,705,892
$7,480,321
+12%
Receivables (Non-Related)
$81,045,426
$75,588,610
-7%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$72,378
$67,687
-6%
Investments
$51,336,241
$57,716,295
+12%
Property, Plant, & Equipment (net)
$5,175,096
$3,800,975
-27%
Other Assets
$10,693,878
$4,784,461
-55%
Total Assets
$155,028,911
$149,438,349
-4%
Liabilities
2024
2025
Change
Payables & Accruals
$3,823,124
$3,144,769
-18%
Grants Payable
-
-
-
Deferred Revenue
$30,197
$4,730
-84%
Tax-Exempt Bond Liabilities
$42,545,000
$37,160,000
-13%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$41,149,299
$40,480,673
-2%
Related-Party Payables
-
-
-
Other Liabilities
$1,746,991
$1,767,238
+1%
Total Liabilities
$89,294,611
$82,557,410
-8%
Net assets
2024
2025
Change
Restricted Net Assets
$49,405,962
$53,814,460
+9%
Unrestricted Net Assets
$16,328,338
$13,066,479
-20%
Net assets
2024
2025
Change
Net assets
+$65,734,300
+$66,880,939
+2%