Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$19,412,366
Property, Plant, & Equipment (net)
79%
Receivables (Non-Related)
12%
Cash & Equivalents
8%
Inventories
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$3,542,469
Notes Payable / Debt (Non-Related)
86%
Payables & Accruals
9%
Deferred Revenue
5%
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
$1,559,403
$1,568,776
+1%
Receivables (Non-Related)
$4,387,308
$2,357,327
-46%
Related-Party Receivables
-
-
-
Inventories
$144,033
$150,853
+5%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$15,710,425
$15,335,410
-2%
Other Assets
-
-
-
Total Assets
$21,801,169
$19,412,366
-11%
Liabilities
2024
2025
Change
Payables & Accruals
$259,307
$308,599
+19%
Grants Payable
-
-
-
Deferred Revenue
$182,776
$191,870
+5%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,898,000
$3,042,000
-48%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$6,340,083
$3,542,469
-44%
Net assets
2024
2025
Change
Restricted Net Assets
$4,498,636
$2,643,941
-41%
Unrestricted Net Assets
$10,962,450
$13,225,956
+21%
Net assets
2024
2025
Change
Net assets
+$15,461,086
+$15,869,897
+3%