Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$27,245,542
Property, Plant, & Equipment (net)
70%
Cash & Equivalents
24%
Other Assets
2%
Investments
2%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$22,507,381
Tax-Exempt Bond Liabilities
63%
Deferred Revenue
23%
Notes Payable / Debt (Non-Related)
7%
Payables & Accruals
3%
Other Liabilities
3%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$5,989,035
$6,614,365
+10%
Receivables (Non-Related)
$139,457
$55,411
-60%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$195,154
$251,641
+29%
Investments
$451,891
$496,155
+10%
Property, Plant, & Equipment (net)
$19,613,245
$19,173,340
-2%
Other Assets
$1,026,307
$654,630
-36%
Total Assets
$27,415,089
$27,245,542
-1%
Liabilities
2024
2025
Change
Payables & Accruals
$883,681
$738,171
-16%
Grants Payable
-
-
-
Deferred Revenue
$4,822,473
$5,181,721
+7%
Tax-Exempt Bond Liabilities
$14,594,227
$14,251,003
-2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,684,824
$1,653,379
-2%
Related-Party Payables
-
-
-
Other Liabilities
$1,058,433
$683,107
-35%
Total Liabilities
$23,043,638
$22,507,381
-2%
Net assets
2024
2025
Change
Restricted Net Assets
$579,252
$774,472
+34%
Unrestricted Net Assets
$3,792,199
$3,963,689
+5%
Net assets
2024
2025
Change
Net assets
+$4,371,451
+$4,738,161
+8%