Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$5,127,961
Property, Plant, & Equipment (net)
99%
Cash & Equivalents
1%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$11,439,801
Notes Payable / Debt (Non-Related)
47%
Other Liabilities
41%
Payables & Accruals
11%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$71,548
$60,641
-15%
Receivables (Non-Related)
$0
$0
-
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$2,025
$2,025
+0%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$5,435,845
$5,065,295
-7%
Other Assets
$0
$0
-
Total Assets
$5,509,418
$5,127,961
-7%
Liabilities
2024
2025
Change
Payables & Accruals
$1,118,879
$1,259,304
+13%
Grants Payable
$0
$0
-
Deferred Revenue
$236,290
$95,058
-60%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$5,328,704
$5,392,617
+1%
Related-Party Payables
$0
$0
-
Other Liabilities
$2,916,403
$4,692,822
+61%
Total Liabilities
$9,600,276
$11,439,801
+19%
Net assets
2024
2025
Change
Restricted Net Assets
$0
$0
-
Unrestricted Net Assets
-$4,090,858
-$6,311,840
-54%
Net assets
2024
2025
Change
Net assets
-$4,090,858
-$6,311,840
-54%