Balance Sheet

Fiscal Year Start:
Apr 1
Assets in 2025 (Year End)
$50,106,600
Property, Plant, & Equipment (net)
50%
Investments
26%
Cash & Equivalents
17%
Receivables (Non-Related)
6%
Prepaid Expenses
1%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$12,633,036
Deferred Revenue
69%
Payables & Accruals
31%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$14,410,026
$8,329,859
-42%
Receivables (Non-Related)
$3,709,042
$2,790,175
-25%
Related-Party Receivables
-
-
-
Inventories
$59,372
$33,997
-43%
Prepaid Expenses
$624,469
$656,191
+5%
Investments
$12,474,914
$13,020,316
+4%
Property, Plant, & Equipment (net)
$17,315,472
$25,020,627
+44%
Other Assets
$286,545
$255,435
-11%
Total Assets
$48,879,840
$50,106,600
+3%
Liabilities
2024
2025
Change
Payables & Accruals
$941,674
$3,942,621
+319%
Grants Payable
-
-
-
Deferred Revenue
$9,645,871
$8,690,415
-10%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$10,587,545
$12,633,036
+19%
Net assets
2024
2025
Change
Restricted Net Assets
$15,592,554
$16,704,552
+7%
Unrestricted Net Assets
$22,699,741
$20,769,012
-9%
Net assets
2024
2025
Change
Net assets
+$38,292,295
+$37,473,564
-2%