Balance Sheet

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Assets in 2025 (Year End)
$17,583,378
Property, Plant, & Equipment (net)
99%
Cash & Equivalents
1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$9,016,957
Notes Payable / Debt (Non-Related)
96%
Payables & Accruals
4%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$304,740
$188,666
-38%
Receivables (Non-Related)
$0
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$18,096,229
$17,394,712
-4%
Other Assets
-
-
-
Total Assets
$18,400,969
$17,583,378
-4%
Liabilities
2024
2025
Change
Payables & Accruals
$474,426
$376,957
-21%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$8,640,000
$8,640,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$9,114,426
$9,016,957
-1%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$9,286,543
$8,566,421
-8%
Net assets
2024
2025
Change
Net assets
+$9,286,543
+$8,566,421
-8%