Balance Sheet

Fiscal Year Start:
Apr 1
Assets in 2025 (Year End)
$120,861,453
Property, Plant, & Equipment (net)
56%
Receivables (Non-Related)
15%
Cash & Equivalents
13%
Investments
11%
Other Assets
2%
Prepaid Expenses
1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$47,948,956
Notes Payable / Debt (Non-Related)
74%
Deferred Revenue
14%
Payables & Accruals
12%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$14,013,741
$15,904,417
+13%
Receivables (Non-Related)
$19,791,814
$18,524,156
-6%
Related-Party Receivables
-
-
-
Inventories
$951,236
$1,050,347
+10%
Prepaid Expenses
$1,325,238
$1,436,147
+8%
Investments
$11,077,749
$13,822,016
+25%
Property, Plant, & Equipment (net)
$68,863,780
$67,531,864
-2%
Other Assets
$3,250,584
$2,592,506
-20%
Total Assets
$119,274,142
$120,861,453
+1%
Liabilities
2024
2025
Change
Payables & Accruals
$5,134,664
$5,733,009
+12%
Grants Payable
-
-
-
Deferred Revenue
$5,830,395
$6,549,128
+12%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$37,954,482
$35,373,823
-7%
Related-Party Payables
-
-
-
Other Liabilities
$1,040,505
$292,996
-72%
Total Liabilities
$49,960,046
$47,948,956
-4%
Net assets
2024
2025
Change
Restricted Net Assets
$10,457,395
$15,815,664
+51%
Unrestricted Net Assets
$58,856,701
$57,096,833
-3%
Net assets
2024
2025
Change
Net assets
+$69,314,096
+$72,912,497
+5%