Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$13,862,043
Other Assets
54%
Property, Plant, & Equipment (net)
45%
Cash & Equivalents
1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2025 (Year End)
$11,743,293
Deferred Revenue
53%
Notes Payable / Debt (Non-Related)
47%
Payables & Accruals
<1%
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
$263,768
$144,747
-45%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,602,743
$6,197,459
-6%
Other Assets
$7,673,650
$7,519,837
-2%
Total Assets
$14,540,161
$13,862,043
-5%
Liabilities
2024
2025
Change
Payables & Accruals
$66,667
$45,833
-31%
Grants Payable
-
-
-
Deferred Revenue
$6,602,744
$6,197,460
-6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$8,000,000
$5,500,000
-31%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$14,669,411
$11,743,293
-20%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$129,250
$2,118,750
-1739%
Net assets
2024
2025
Change
Net assets
-$129,250
+$2,118,750
-1739%