Balance Sheet

Fiscal Year: 2025
Oct 1, 2024 – Sep 30, 2025
Assets in 2025 (Year End)
$42,402,144
Property, Plant, & Equipment (net)
38%
Receivables (Non-Related)
36%
Cash & Equivalents
23%
Investments
1%
Prepaid Expenses
1%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$14,526,322
Payables & Accruals
61%
Notes Payable / Debt (Non-Related)
38%
Deferred Revenue
1%
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
$5,665,639
$9,559,009
+69%
Receivables (Non-Related)
$15,352,037
$15,373,276
+0%
Related-Party Receivables
-
-
-
Inventories
$116,121
$95,086
-18%
Prepaid Expenses
$388,552
$454,389
+17%
Investments
$449,821
$492,299
+9%
Property, Plant, & Equipment (net)
$15,888,739
$16,251,334
+2%
Other Assets
$174,898
$176,751
+1%
Total Assets
$38,035,807
$42,402,144
+11%
Liabilities
2024
2025
Change
Payables & Accruals
$6,762,376
$8,833,507
+31%
Grants Payable
-
-
-
Deferred Revenue
$82,418
$174,474
+112%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,650,025
$5,518,341
-2%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$12,494,819
$14,526,322
+16%
Net assets
2024
2025
Change
Restricted Net Assets
$1,015,100
$1,237,822
+22%
Unrestricted Net Assets
$24,525,888
$26,638,000
+9%
Net assets
2024
2025
Change
Net assets
+$25,540,988
+$27,875,822
+9%