Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2025 (Year End)
$65,972,956
Investments
53%
Other Assets
24%
Cash & Equivalents
13%
Related-Party Receivables
9%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Inventories
0%
Liabilities in 2025 (Year End)
$48,306,623
Notes Payable / Debt (Non-Related)
95%
Deferred Revenue
3%
Payables & Accruals
3%
Related-Party Payables
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$11,620,119
$8,851,454
-24%
Receivables (Non-Related)
$20,931,353
$13,329
-100%
Related-Party Receivables
$4,000,087
$5,627,787
+41%
Inventories
-
-
-
Prepaid Expenses
$57,988
$30,801
-47%
Investments
$17,312,911
$35,150,777
+103%
Property, Plant, & Equipment (net)
$346,667
$346,667
+0%
Other Assets
$16,304,871
$15,952,141
-2%
Total Assets
$70,573,996
$65,972,956
-7%
Liabilities
2024
2025
Change
Payables & Accruals
$179,753
$1,215,923
+576%
Grants Payable
-
-
-
Deferred Revenue
$2,137,678
$1,327,700
-38%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$50,700,000
$45,750,000
-10%
Related-Party Payables
-
$13,000
-
Other Liabilities
$0
-
-
Total Liabilities
$53,017,431
$48,306,623
-9%
Net assets
2024
2025
Change
Restricted Net Assets
$2,017,678
$0
-100%
Unrestricted Net Assets
$15,538,887
$17,666,333
+14%
Net assets
2024
2025
Change
Net assets
+$17,556,565
+$17,666,333
+1%