Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$8,200,484
Property, Plant, & Equipment (net)
63%
Cash & Equivalents
21%
Receivables (Non-Related)
16%
Inventories
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$6,346,163
Notes Payable / Debt (Non-Related)
81%
Deferred Revenue
10%
Payables & Accruals
8%
Other Liabilities
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,925,580
$1,684,013
-13%
Receivables (Non-Related)
$1,500,765
$1,347,896
-10%
Related-Party Receivables
-
-
-
Inventories
$19,183
$25,589
+33%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,621,621
$5,142,986
-9%
Other Assets
$0
-
-
Total Assets
$9,067,149
$8,200,484
-10%
Liabilities
2024
2025
Change
Payables & Accruals
$542,539
$497,908
-8%
Grants Payable
-
-
-
Deferred Revenue
$791,464
$636,262
-20%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,272,885
$5,131,197
-3%
Related-Party Payables
-
-
-
Other Liabilities
$74,642
$80,796
+8%
Total Liabilities
$6,681,530
$6,346,163
-5%
Net assets
2024
2025
Change
Restricted Net Assets
$610,044
$522,884
-14%
Unrestricted Net Assets
$1,775,575
$1,331,437
-25%
Net assets
2024
2025
Change
Net assets
+$2,385,619
+$1,854,321
-22%