Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$29,714,783
Property, Plant, & Equipment (net)
73%
Cash & Equivalents
26%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$26,386,113
Tax-Exempt Bond Liabilities
93%
Notes Payable / Debt (Non-Related)
3%
Payables & Accruals
2%
Other Liabilities
1%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$10,858,366
$7,778,510
-28%
Receivables (Non-Related)
$260,640
$124,441
-52%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$97,674
$135,049
+38%
Investments
-
-
-
Property, Plant, & Equipment (net)
$10,938,067
$21,620,608
+98%
Other Assets
$8,155,803
$56,175
-99%
Total Assets
$30,310,550
$29,714,783
-2%
Liabilities
2024
2025
Change
Payables & Accruals
$1,060,708
$605,252
-43%
Grants Payable
-
-
-
Deferred Revenue
$17
$8,024
+47100%
Tax-Exempt Bond Liabilities
$24,555,000
$24,555,000
+0%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,234,129
$890,000
-28%
Related-Party Payables
-
-
-
Other Liabilities
-
$327,837
-
Total Liabilities
$26,849,854
$26,386,113
-2%
Net assets
2024
2025
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2024
2025
Change
Net assets
+$3,460,696
+$3,328,670
-4%