Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$9,344,524
Property, Plant, & Equipment (net)
46%
Cash & Equivalents
39%
Receivables (Non-Related)
14%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$1,154,826
Notes Payable / Debt (Non-Related)
67%
Grants Payable
19%
Payables & Accruals
10%
Deferred Revenue
4%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$3,560,733
$3,643,097
+2%
Receivables (Non-Related)
$1,417,783
$1,339,952
-5%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$31,907
$50,912
+60%
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,415,505
$4,310,563
-2%
Other Assets
-
-
-
Total Assets
$9,425,928
$9,344,524
-1%
Liabilities
2024
2025
Change
Payables & Accruals
$144,518
$110,910
-23%
Grants Payable
$200,000
$225,000
+13%
Deferred Revenue
$61,046
$50,490
-17%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$787,175
$768,426
-2%
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$1,192,739
$1,154,826
-3%
Net assets
2024
2025
Change
Restricted Net Assets
$2,114,248
$1,582,296
-25%
Unrestricted Net Assets
$6,118,941
$6,607,402
+8%
Net assets
2024
2025
Change
Net assets
+$8,233,189
+$8,189,698
-1%