Balance Sheet

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Assets in 2025 (Year End)
$85,515
Property, Plant, & Equipment (net)
56%
Cash & Equivalents
41%
Inventories
3%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$100,945
Deferred Revenue
66%
Notes Payable / Debt (Non-Related)
29%
Payables & Accruals
5%
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
$67,238
$35,008
-48%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
$2,500
$2,500
+0%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$53,027
$48,007
-9%
Other Assets
-
-
-
Total Assets
$122,765
$85,515
-30%
Liabilities
2024
2025
Change
Payables & Accruals
$31,948
$4,838
-85%
Grants Payable
-
-
-
Deferred Revenue
$66,608
$66,608
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$32,419
$29,499
-9%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$130,975
$100,945
-23%
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
-$8,210
-$15,430
-88%