Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$15,252,972
Property, Plant, & Equipment (net)
68%
Cash & Equivalents
20%
Investments
10%
Other Assets
1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$7,601,398
Tax-Exempt Bond Liabilities
42%
Notes Payable / Debt (Non-Related)
36%
Deferred Revenue
17%
Payables & Accruals
4%
Other Liabilities
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,604,148
$3,069,406
+18%
Receivables (Non-Related)
$84,897
$51,030
-40%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$38,218
$27,543
-28%
Investments
$1,353,790
$1,578,547
+17%
Property, Plant, & Equipment (net)
$10,726,659
$10,368,103
-3%
Other Assets
$223,183
$158,343
-29%
Total Assets
$15,030,895
$15,252,972
+1%
Liabilities
2024
2025
Change
Payables & Accruals
$269,061
$310,156
+15%
Grants Payable
-
-
-
Deferred Revenue
$1,359,563
$1,273,865
-6%
Tax-Exempt Bond Liabilities
$3,353,000
$3,208,000
-4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,818,184
$2,736,173
-3%
Related-Party Payables
-
-
-
Other Liabilities
$33,515
$73,204
+118%
Total Liabilities
$7,833,323
$7,601,398
-3%
Net assets
2024
2025
Change
Restricted Net Assets
$261,947
$251,337
-4%
Unrestricted Net Assets
$6,935,625
$7,400,237
+7%
Net assets
2024
2025
Change
Net assets
+$7,197,572
+$7,651,574
+6%