Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$87,485,667
Property, Plant, & Equipment (net)
71%
Cash & Equivalents
13%
Other Assets
10%
Receivables (Non-Related)
4%
Investments
3%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$59,065,303
Notes Payable / Debt (Non-Related)
93%
Payables & Accruals
5%
Other Liabilities
<1%
Deferred Revenue
<1%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$8,398,455
$11,039,707
+31%
Receivables (Non-Related)
$3,164,270
$3,417,191
+8%
Related-Party Receivables
-
-
-
Inventories
$201,683
$257,436
+28%
Prepaid Expenses
$334,709
$124,523
-63%
Investments
$1,872,604
$2,263,618
+21%
Property, Plant, & Equipment (net)
$45,707,932
$61,970,014
+36%
Other Assets
$11,474,658
$8,413,178
-27%
Total Assets
$71,154,311
$87,485,667
+23%
Liabilities
2024
2025
Change
Payables & Accruals
$7,847,988
$3,150,432
-60%
Grants Payable
-
-
-
Deferred Revenue
-
$250,000
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$17,269
$17,701
+3%
Notes Payable / Debt (Non-Related)
$31,289,626
$55,138,056
+76%
Related-Party Payables
-
-
-
Other Liabilities
$935,282
$509,114
-46%
Total Liabilities
$40,090,165
$59,065,303
+47%
Net assets
2024
2025
Change
Restricted Net Assets
$5,289,778
$533,233
-90%
Unrestricted Net Assets
$25,774,368
$27,887,131
+8%
Net assets
2024
2025
Change
Net assets
+$31,064,146
+$28,420,364
-9%