Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$15,870,342
Property, Plant, & Equipment (net)
59%
Cash & Equivalents
21%
Inventories
11%
Other Assets
5%
Receivables (Non-Related)
3%
Prepaid Expenses
1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$6,337,055
Notes Payable / Debt (Non-Related)
41%
Deferred Revenue
25%
Payables & Accruals
22%
Other Liabilities
12%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,793,283
$3,337,899
+86%
Receivables (Non-Related)
$1,589,843
$472,900
-70%
Related-Party Receivables
-
-
-
Inventories
$1,324,453
$1,673,127
+26%
Prepaid Expenses
$119,455
$184,058
+54%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,095,083
$9,390,087
+54%
Other Assets
$486,740
$812,271
+67%
Total Assets
$11,408,857
$15,870,342
+39%
Liabilities
2024
2025
Change
Payables & Accruals
$1,508,918
$1,393,233
-8%
Grants Payable
-
-
-
Deferred Revenue
$3,784,286
$1,574,029
-58%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$143,939
$2,591,358
+1700%
Related-Party Payables
-
-
-
Other Liabilities
$482,262
$778,435
+61%
Total Liabilities
$5,919,405
$6,337,055
+7%
Net assets
2024
2025
Change
Restricted Net Assets
$527,515
$337,607
-36%
Unrestricted Net Assets
$4,961,937
$9,195,680
+85%
Net assets
2024
2025
Change
Net assets
+$5,489,452
+$9,533,287
+74%