Balance Sheet

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Assets in 2025 (Year End)
$2,997,591
Property, Plant, & Equipment (net)
69%
Cash & Equivalents
19%
Other Assets
9%
Receivables (Non-Related)
3%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2025 (Year End)
$1,035,048
Notes Payable / Debt (Non-Related)
50%
Deferred Revenue
26%
Other Liabilities
24%
Payables & Accruals
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$482,758
$567,856
+18%
Receivables (Non-Related)
$51,356
$91,291
+78%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,706,994
$2,074,639
+22%
Other Assets
$331,667
$263,805
-20%
Total Assets
$2,572,775
$2,997,591
+17%
Liabilities
2024
2025
Change
Payables & Accruals
$1,522
$555
-64%
Grants Payable
-
-
-
Deferred Revenue
$130,893
$271,433
+107%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$276,270
$516,527
+87%
Related-Party Payables
-
-
-
Other Liabilities
$317,405
$246,533
-22%
Total Liabilities
$726,090
$1,035,048
+43%
Net assets
2024
2025
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$1,846,685
$1,962,543
+6%
Net assets
2024
2025
Change
Net assets
+$1,846,685
+$1,962,543
+6%