Balance Sheet

Fiscal Year: 2025
Oct 1, 2024 – Sep 30, 2025
Assets in 2025 (Year End)
$10,788,763
Cash & Equivalents
35%
Receivables (Non-Related)
26%
Investments
19%
Property, Plant, & Equipment (net)
14%
Other Assets
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$6,105,137
Deferred Revenue
78%
Payables & Accruals
18%
Related-Party Payables
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,219,943
$3,776,339
+210%
Receivables (Non-Related)
$3,365,140
$2,786,761
-17%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$66,735
$18,819
-72%
Investments
$1,889,830
$2,096,097
+11%
Property, Plant, & Equipment (net)
$1,500,675
$1,458,586
-3%
Other Assets
$0
$652,161
-
Total Assets
$8,042,323
$10,788,763
+34%
Liabilities
2024
2025
Change
Payables & Accruals
$1,893,272
$1,106,318
-42%
Grants Payable
-
-
-
Deferred Revenue
$1,952,296
$4,768,637
+144%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$332,291
$230,182
-31%
Other Liabilities
-
-
-
Total Liabilities
$4,177,859
$6,105,137
+46%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,864,464
$4,683,626
+21%
Net assets
2024
2025
Change
Net assets
+$3,864,464
+$4,683,626
+21%