Balance Sheet

Fiscal Year Start:
Jun 1
Assets in 2025 (Year End)
$44,319,002
Cash & Equivalents
73%
Receivables (Non-Related)
12%
Other Assets
9%
Property, Plant, & Equipment (net)
5%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$121,105,610
Notes Payable / Debt (Non-Related)
81%
Deferred Revenue
9%
Payables & Accruals
6%
Other Liabilities
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$27,456,071
$32,166,399
+17%
Receivables (Non-Related)
$20,898,724
$5,217,399
-75%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$782,564
$810,629
+4%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$4,144,880
$2,309,086
-44%
Other Assets
$6,389,769
$3,815,489
-40%
Total Assets
$59,672,008
$44,319,002
-26%
Liabilities
2024
2025
Change
Payables & Accruals
$7,959,224
$7,754,528
-3%
Grants Payable
$0
$0
-
Deferred Revenue
$15,183,720
$10,935,294
-28%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$102,502,684
$98,322,828
-4%
Related-Party Payables
$0
$0
-
Other Liabilities
$6,493,312
$4,092,960
-37%
Total Liabilities
$132,138,940
$121,105,610
-8%
Net assets
2024
2025
Change
Restricted Net Assets
$219,037
$304,080
+39%
Unrestricted Net Assets
-$72,685,969
-$77,090,688
-6%
Net assets
2024
2025
Change
Net assets
-$72,466,932
-$76,786,608
-6%