Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$71,345,063
Investments
64%
Property, Plant, & Equipment (net)
17%
Other Assets
11%
Receivables (Non-Related)
6%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$7,843,211
Tax-Exempt Bond Liabilities
50%
Other Liabilities
46%
Payables & Accruals
4%
Deferred Revenue
1%
Grants Payable
<1%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$946,351
$703,268
-26%
Receivables (Non-Related)
$6,265,209
$4,507,889
-28%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$48,218
$57,192
+19%
Investments
$38,126,643
$45,720,814
+20%
Property, Plant, & Equipment (net)
$12,568,101
$12,175,617
-3%
Other Assets
$7,908,748
$8,180,283
+3%
Total Assets
$65,863,270
$71,345,063
+8%
Liabilities
2024
2025
Change
Payables & Accruals
$317,485
$300,940
-5%
Grants Payable
$24,500
$8,000
-67%
Deferred Revenue
$85,952
$82,426
-4%
Tax-Exempt Bond Liabilities
$4,173,113
$3,882,948
-7%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,507,611
$3,568,897
+2%
Total Liabilities
$8,108,661
$7,843,211
-3%
Net assets
2024
2025
Change
Restricted Net Assets
$47,298,334
$53,265,358
+13%
Unrestricted Net Assets
$10,456,275
$10,236,494
-2%
Net assets
2024
2025
Change
Net assets
+$57,754,609
+$63,501,852
+10%