Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$151,719,126
Property, Plant, & Equipment (net)
66%
Investments
29%
Cash & Equivalents
2%
Receivables (Non-Related)
1%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$149,141,530
Tax-Exempt Bond Liabilities
56%
Deferred Revenue
39%
Other Liabilities
3%
Payables & Accruals
2%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,301,621
$3,247,305
+41%
Receivables (Non-Related)
$430,504
$1,898,542
+341%
Related-Party Receivables
-
-
-
Inventories
$28,354
$33,396
+18%
Prepaid Expenses
$393,595
$265,192
-33%
Investments
$40,615,448
$44,418,780
+9%
Property, Plant, & Equipment (net)
$104,569,712
$100,666,109
-4%
Other Assets
$784,652
$1,189,802
+52%
Total Assets
$149,123,886
$151,719,126
+2%
Liabilities
2024
2025
Change
Payables & Accruals
$2,718,239
$2,647,186
-3%
Grants Payable
-
-
-
Deferred Revenue
$53,920,658
$58,053,673
+8%
Tax-Exempt Bond Liabilities
$85,893,794
$84,116,085
-2%
Custodial & Escrow Liabilities
$3,500
$3,500
+0%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$4,183,135
$4,321,086
+3%
Total Liabilities
$146,719,326
$149,141,530
+2%
Net assets
2024
2025
Change
Restricted Net Assets
$4,416,787
$4,561,592
+3%
Unrestricted Net Assets
-$2,012,227
-$1,983,996
+1%
Net assets
2024
2025
Change
Net assets
+$2,404,560
+$2,577,596
+7%