Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$19,225,332
Receivables (Non-Related)
34%
Other Assets
26%
Inventories
22%
Cash & Equivalents
15%
Property, Plant, & Equipment (net)
3%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2025 (Year End)
$2,434,215
Payables & Accruals
64%
Notes Payable / Debt (Non-Related)
34%
Deferred Revenue
2%
Grants Payable
<1%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,544,716
$2,956,254
+16%
Receivables (Non-Related)
$4,984,883
$6,481,543
+30%
Related-Party Receivables
-
-
-
Inventories
$3,846,861
$4,302,936
+12%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$516,104
$517,521
+0%
Other Assets
$7,620,984
$4,967,078
-35%
Total Assets
$19,513,548
$19,225,332
-1%
Liabilities
2024
2025
Change
Payables & Accruals
$1,717,595
$1,549,497
-10%
Grants Payable
$627,872
$14,438
-98%
Deferred Revenue
-
$43,200
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$835,589
$827,080
-1%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,181,056
$2,434,215
-23%
Net assets
2024
2025
Change
Restricted Net Assets
-
$3,482,377
-
Unrestricted Net Assets
$16,332,492
$13,308,740
-19%
Net assets
2024
2025
Change
Net assets
+$16,332,492
+$16,791,117
+3%