Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$25,685,106
Property, Plant, & Equipment (net)
60%
Cash & Equivalents
31%
Receivables (Non-Related)
4%
Investments
3%
Prepaid Expenses
2%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$4,215,749
Deferred Revenue
51%
Payables & Accruals
26%
Notes Payable / Debt (Non-Related)
23%
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
$6,605,066
$7,971,970
+21%
Receivables (Non-Related)
$884,602
$936,909
+6%
Related-Party Receivables
-
-
-
Inventories
$6,903
$6,793
-2%
Prepaid Expenses
$282,420
$496,851
+76%
Investments
$773,216
$820,723
+6%
Property, Plant, & Equipment (net)
$15,025,287
$15,451,860
+3%
Other Assets
-
-
-
Total Assets
$23,577,494
$25,685,106
+9%
Liabilities
2024
2025
Change
Payables & Accruals
$841,888
$1,113,110
+32%
Grants Payable
-
-
-
Deferred Revenue
$1,230,509
$2,141,664
+74%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,392,264
$960,975
-31%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,464,661
$4,215,749
+22%
Net assets
2024
2025
Change
Restricted Net Assets
$2,491,353
$2,445,953
-2%
Unrestricted Net Assets
$17,621,480
$19,023,404
+8%
Net assets
2024
2025
Change
Net assets
+$20,112,833
+$21,469,357
+7%