Balance Sheet

Fiscal Year: 2025
Oct 1, 2024 – Dec 31, 2024
Assets in 2025 (Year End)
$2,095,077
Property, Plant, & Equipment (net)
63%
Cash & Equivalents
25%
Other Assets
8%
Receivables (Non-Related)
4%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2025 (Year End)
$1,393,127
Other Liabilities
55%
Deferred Revenue
45%
Payables & Accruals
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$645,874
$528,785
-18%
Receivables (Non-Related)
$9,402
$82,688
+779%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$58,850
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,312,883
$1,312,883
+0%
Other Assets
$170,721
$170,721
+0%
Total Assets
$2,197,730
$2,095,077
-5%
Liabilities
2024
2025
Change
Payables & Accruals
$17,175
$1,612
-91%
Grants Payable
-
-
-
Deferred Revenue
$453,064
$627,942
+39%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
$0
-
Other Liabilities
$828,901
$763,573
-8%
Total Liabilities
$1,299,140
$1,393,127
+7%
Net assets
2024
2025
Change
Restricted Net Assets
$592,542
$379,493
-36%
Unrestricted Net Assets
$306,048
$322,457
+5%
Net assets
2024
2025
Change
Net assets
+$898,590
+$701,950
-22%