Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$20,655,612
Cash & Equivalents
71%
Receivables (Non-Related)
29%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$16,421,982
Deferred Revenue
83%
Payables & Accruals
17%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$3,734,949
$14,678,653
+293%
Receivables (Non-Related)
$1,954,955
$5,917,664
+203%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$23,884
$59,295
+148%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$5,713,788
$20,655,612
+262%
Liabilities
2024
2025
Change
Payables & Accruals
$1,421,679
$2,838,898
+100%
Grants Payable
-
-
-
Deferred Revenue
$1,724,297
$13,583,084
+688%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,145,976
$16,421,982
+422%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,567,812
$4,233,630
+65%
Net assets
2024
2025
Change
Net assets
+$2,567,812
+$4,233,630
+65%