Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$45,852,448
Other Assets
60%
Property, Plant, & Equipment (net)
37%
Cash & Equivalents
2%
Receivables (Non-Related)
<1%
Investments
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$6,779,916
Notes Payable / Debt (Non-Related)
62%
Deferred Revenue
34%
Other Liabilities
2%
Payables & Accruals
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$722,737
$897,749
+24%
Receivables (Non-Related)
$779,910
$451,340
-42%
Related-Party Receivables
-
-
-
Inventories
$3,998
$5,237
+31%
Prepaid Expenses
$107,149
$186,623
+74%
Investments
$218,984
$227,158
+4%
Property, Plant, & Equipment (net)
$17,082,163
$16,799,102
-2%
Other Assets
$23,974,640
$27,285,239
+14%
Total Assets
$42,889,581
$45,852,448
+7%
Liabilities
2024
2025
Change
Payables & Accruals
$112,995
$123,835
+10%
Grants Payable
-
-
-
Deferred Revenue
$2,420,221
$2,280,281
-6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,348,685
$4,221,232
+26%
Related-Party Payables
-
-
-
Other Liabilities
$148,885
$154,568
+4%
Total Liabilities
$6,030,786
$6,779,916
+12%
Net assets
2024
2025
Change
Restricted Net Assets
$27,175,098
$27,809,770
+2%
Unrestricted Net Assets
$9,683,697
$11,262,762
+16%
Net assets
2024
2025
Change
Net assets
+$36,858,795
+$39,072,532
+6%