Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$103,746,031
Property, Plant, & Equipment (net)
55%
Investments
42%
Cash & Equivalents
1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$61,895,101
Deferred Revenue
50%
Tax-Exempt Bond Liabilities
45%
Payables & Accruals
3%
Other Liabilities
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$15,157
$1,473,386
+9621%
Receivables (Non-Related)
$618,995
$569,072
-8%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$434,156
$508,398
+17%
Investments
$39,275,964
$43,387,463
+10%
Property, Plant, & Equipment (net)
$57,287,945
$57,411,383
+0%
Other Assets
$430,666
$396,329
-8%
Total Assets
$98,062,883
$103,746,031
+6%
Liabilities
2024
2025
Change
Payables & Accruals
$1,572,368
$1,645,688
+5%
Grants Payable
-
-
-
Deferred Revenue
$28,896,292
$31,185,959
+8%
Tax-Exempt Bond Liabilities
$29,634,836
$28,026,054
-5%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
-
-
-
Other Liabilities
$460,000
$1,037,400
+126%
Total Liabilities
$60,563,496
$61,895,101
+2%
Net assets
2024
2025
Change
Restricted Net Assets
$7,176,370
$7,762,816
+8%
Unrestricted Net Assets
$30,323,017
$34,088,114
+12%
Net assets
2024
2025
Change
Net assets
+$37,499,387
+$41,850,930
+12%