Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$7,313,591
Property, Plant, & Equipment (net)
60%
Cash & Equivalents
35%
Other Assets
4%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$3,145,279
Notes Payable / Debt (Non-Related)
53%
Deferred Revenue
33%
Payables & Accruals
14%
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
$2,295,086
$2,550,537
+11%
Receivables (Non-Related)
$10,658
$6,336
-41%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$40,985
$50,661
+24%
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,432,722
$4,413,478
0%
Other Assets
$280,546
$292,579
+4%
Total Assets
$7,059,997
$7,313,591
+4%
Liabilities
2024
2025
Change
Payables & Accruals
$397,655
$432,113
+9%
Grants Payable
-
-
-
Deferred Revenue
$955,707
$1,049,800
+10%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,790,639
$1,663,366
-7%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,144,001
$3,145,279
+0%
Net assets
2024
2025
Change
Restricted Net Assets
$33,194
$41,072
+24%
Unrestricted Net Assets
$3,882,802
$4,127,240
+6%
Net assets
2024
2025
Change
Net assets
+$3,915,996
+$4,168,312
+6%