Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$77,672,236
Cash & Equivalents
39%
Property, Plant, & Equipment (net)
38%
Receivables (Non-Related)
10%
Investments
6%
Other Assets
5%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$18,985,420
Tax-Exempt Bond Liabilities
56%
Other Liabilities
27%
Payables & Accruals
17%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$23,394,256
$30,174,258
+29%
Receivables (Non-Related)
$5,838,475
$8,154,499
+40%
Related-Party Receivables
-
-
-
Inventories
$394,203
$360,715
-8%
Prepaid Expenses
$570,559
$584,796
+2%
Investments
$4,187,193
$4,410,848
+5%
Property, Plant, & Equipment (net)
$31,729,544
$29,827,833
-6%
Other Assets
$4,317,661
$4,159,287
-4%
Total Assets
$70,431,891
$77,672,236
+10%
Liabilities
2024
2025
Change
Payables & Accruals
$4,263,223
$3,210,355
-25%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$11,874,912
$10,725,554
-10%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$511,877
$5,049,511
+886%
Total Liabilities
$16,650,012
$18,985,420
+14%
Net assets
2024
2025
Change
Restricted Net Assets
$1,654,388
$1,701,503
+3%
Unrestricted Net Assets
$52,127,491
$56,985,313
+9%
Net assets
2024
2025
Change
Net assets
+$53,781,879
+$58,686,816
+9%