Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$68,628,983
Property, Plant, & Equipment (net)
57%
Cash & Equivalents
27%
Investments
8%
Other Assets
4%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$45,567,749
Notes Payable / Debt (Non-Related)
76%
Tax-Exempt Bond Liabilities
16%
Payables & Accruals
6%
Other Liabilities
1%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$15,234,821
$18,639,945
+22%
Receivables (Non-Related)
$1,592,026
$1,782,144
+12%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$372,108
$477,307
+28%
Investments
$4,315,770
$5,311,729
+23%
Property, Plant, & Equipment (net)
$39,568,941
$39,335,269
-1%
Other Assets
$3,342,090
$3,082,589
-8%
Total Assets
$64,425,756
$68,628,983
+7%
Liabilities
2024
2025
Change
Payables & Accruals
$2,702,979
$2,896,625
+7%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$7,635,006
$7,480,550
-2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$35,627,144
$34,734,551
-3%
Related-Party Payables
-
-
-
Other Liabilities
$465,436
$456,023
-2%
Total Liabilities
$46,430,565
$45,567,749
-2%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$17,995,191
$23,061,234
+28%
Net assets
2024
2025
Change
Net assets
+$17,995,191
+$23,061,234
+28%