Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$10,716,654
Receivables (Non-Related)
61%
Property, Plant, & Equipment (net)
26%
Cash & Equivalents
8%
Investments
3%
Inventories
1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$1,738,780
Deferred Revenue
42%
Notes Payable / Debt (Non-Related)
30%
Payables & Accruals
28%
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
$288,894
$881,180
+205%
Receivables (Non-Related)
$6,910,893
$6,581,529
-5%
Related-Party Receivables
-
-
-
Inventories
$174,658
$117,786
-33%
Prepaid Expenses
-
-
-
Investments
$350,000
$350,000
+0%
Property, Plant, & Equipment (net)
$2,438,227
$2,786,159
+14%
Other Assets
-
-
-
Total Assets
$10,162,672
$10,716,654
+5%
Liabilities
2024
2025
Change
Payables & Accruals
$662,819
$481,538
-27%
Grants Payable
-
-
-
Deferred Revenue
$274,633
$736,495
+168%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$536,093
$520,482
-3%
Related-Party Payables
-
-
-
Other Liabilities
$807
$265
-67%
Total Liabilities
$1,474,352
$1,738,780
+18%
Net assets
2024
2025
Change
Restricted Net Assets
$6,459,483
$7,046,601
+9%
Unrestricted Net Assets
$2,228,837
$1,931,273
-13%
Net assets
2024
2025
Change
Net assets
+$8,688,320
+$8,977,874
+3%