Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$2,042,954
Property, Plant, & Equipment (net)
85%
Cash & Equivalents
12%
Prepaid Expenses
3%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$258,028
Notes Payable / Debt (Non-Related)
60%
Payables & Accruals
36%
Deferred Revenue
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$284,687
$247,669
-13%
Receivables (Non-Related)
$9,762,702
$14,255
-100%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$18,358
$52,677
+187%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,346,178
$1,728,353
-26%
Other Assets
-
-
-
Total Assets
$12,411,925
$2,042,954
-84%
Liabilities
2024
2025
Change
Payables & Accruals
$222,329
$92,907
-58%
Grants Payable
-
-
-
Deferred Revenue
$3,462,284
$10,731
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$127,500
$154,390
+21%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,812,113
$258,028
-93%
Net assets
2024
2025
Change
Restricted Net Assets
$44,174
$44,174
+0%
Unrestricted Net Assets
$8,555,638
$1,740,752
-80%
Net assets
2024
2025
Change
Net assets
+$8,599,812
+$1,784,926
-79%