Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$10,042,068
Cash & Equivalents
56%
Property, Plant, & Equipment (net)
41%
Receivables (Non-Related)
1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$2,655,217
Notes Payable / Debt (Non-Related)
66%
Deferred Revenue
33%
Payables & Accruals
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$4,292,509
$5,639,135
+31%
Receivables (Non-Related)
$1,481,476
$133,933
-91%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$7,231
$55,436
+667%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,800,526
$4,145,064
+9%
Other Assets
$3,500
$68,500
+1857%
Total Assets
$9,585,242
$10,042,068
+5%
Liabilities
2024
2025
Change
Payables & Accruals
$86,418
$17,278
-80%
Grants Payable
-
-
-
Deferred Revenue
$1,023,249
$875,585
-14%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,813,927
$1,762,354
-3%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,923,594
$2,655,217
-9%
Net assets
2024
2025
Change
Restricted Net Assets
$88,707
$125,000
+41%
Unrestricted Net Assets
$6,572,941
$7,261,851
+10%
Net assets
2024
2025
Change
Net assets
+$6,661,648
+$7,386,851
+11%