Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$1,867,845
Property, Plant, & Equipment (net)
46%
Cash & Equivalents
35%
Inventories
16%
Prepaid Expenses
2%
Other Assets
<1%
Investments
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$496,567
Deferred Revenue
62%
Notes Payable / Debt (Non-Related)
24%
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
$750,702
$646,540
-14%
Receivables (Non-Related)
$34,670
$1,000
-97%
Related-Party Receivables
-
-
-
Inventories
$208,377
$304,126
+46%
Prepaid Expenses
$43,896
$31,917
-27%
Investments
-
$6,844
-
Property, Plant, & Equipment (net)
$992,623
$858,850
-13%
Other Assets
$27,814
$18,568
-33%
Total Assets
$2,058,082
$1,867,845
-9%
Liabilities
2024
2025
Change
Payables & Accruals
$45,867
$71,348
+56%
Grants Payable
-
-
-
Deferred Revenue
$225,878
$307,278
+36%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$155,090
$117,941
-24%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$426,835
$496,567
+16%
Net assets
2024
2025
Change
Restricted Net Assets
$513,909
$320,146
-38%
Unrestricted Net Assets
$1,117,338
$1,051,132
-6%
Net assets
2024
2025
Change
Net assets
+$1,631,247
+$1,371,278
-16%