Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$12,539,728
Property, Plant, & Equipment (net)
57%
Receivables (Non-Related)
25%
Cash & Equivalents
15%
Prepaid Expenses
3%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$4,614,632
Notes Payable / Debt (Non-Related)
70%
Deferred Revenue
24%
Payables & Accruals
6%
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
$529,609
$1,828,464
+245%
Receivables (Non-Related)
$1,773,358
$3,153,524
+78%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$217,466
$398,637
+83%
Investments
-
-
-
Property, Plant, & Equipment (net)
$7,517,243
$7,120,426
-5%
Other Assets
$38,677
$38,677
+0%
Total Assets
$10,076,353
$12,539,728
+24%
Liabilities
2024
2025
Change
Payables & Accruals
$645,163
$299,494
-54%
Grants Payable
-
-
-
Deferred Revenue
$947,545
$1,093,246
+15%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,780,020
$3,221,892
-15%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$5,372,728
$4,614,632
-14%
Net assets
2024
2025
Change
Restricted Net Assets
$1,384,766
$4,693,019
+239%
Unrestricted Net Assets
$3,318,859
$3,232,077
-3%
Net assets
2024
2025
Change
Net assets
+$4,703,625
+$7,925,096
+68%