Balance Sheet

Fiscal Year: 2025
Apr 1, 2024 – Mar 31, 2025
Assets in 2025 (Year End)
$13,142,123
Property, Plant, & Equipment (net)
75%
Receivables (Non-Related)
9%
Cash & Equivalents
8%
Prepaid Expenses
5%
Inventories
3%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$4,785,793
Notes Payable / Debt (Non-Related)
50%
Payables & Accruals
26%
Deferred Revenue
19%
Other Liabilities
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,139,549
$1,096,891
-4%
Receivables (Non-Related)
$1,144,084
$1,184,792
+4%
Related-Party Receivables
-
-
-
Inventories
$354,679
$376,282
+6%
Prepaid Expenses
$384,870
$597,111
+55%
Investments
-
-
-
Property, Plant, & Equipment (net)
$198,404
$9,834,685
+4857%
Other Assets
$103,781
$52,362
-50%
Total Assets
$3,325,367
$13,142,123
+295%
Liabilities
2024
2025
Change
Payables & Accruals
$1,007,025
$1,261,334
+25%
Grants Payable
-
-
-
Deferred Revenue
$1,257,563
$906,064
-28%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,574,544
$2,392,283
-7%
Related-Party Payables
-
-
-
Other Liabilities
$103,781
$226,112
+118%
Total Liabilities
$4,942,913
$4,785,793
-3%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-
$8,356,330
-
Net assets
2024
2025
Change
Net assets
-$1,617,546
+$8,356,330
-617%