Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$9,534,935
Property, Plant, & Equipment (net)
73%
Receivables (Non-Related)
24%
Cash & Equivalents
2%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$7,639,995
Notes Payable / Debt (Non-Related)
62%
Deferred Revenue
31%
Payables & Accruals
7%
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
$434,789
$203,288
-53%
Receivables (Non-Related)
$2,572,542
$2,260,172
-12%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$48,053
$22,014
-54%
Investments
-
-
-
Property, Plant, & Equipment (net)
$7,215,610
$6,919,636
-4%
Other Assets
$11,758
$129,825
+1004%
Total Assets
$10,282,752
$9,534,935
-7%
Liabilities
2024
2025
Change
Payables & Accruals
$543,464
$557,826
+3%
Grants Payable
-
-
-
Deferred Revenue
$2,586,736
$2,359,524
-9%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,764,423
$4,722,645
-1%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$7,894,623
$7,639,995
-3%
Net assets
2024
2025
Change
Restricted Net Assets
$1,070,817
$1,098,542
+3%
Unrestricted Net Assets
$1,317,312
$796,398
-40%
Net assets
2024
2025
Change
Net assets
+$2,388,129
+$1,894,940
-21%