Balance Sheet

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Assets in 2025 (Year End)
$11,757,475
Property, Plant, & Equipment (net)
64%
Cash & Equivalents
19%
Receivables (Non-Related)
13%
Other Assets
3%
Inventories
<1%
Investments
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Liabilities in 2025 (Year End)
$1,012,869
Payables & Accruals
80%
Other Liabilities
20%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,359,981
$2,255,341
-4%
Receivables (Non-Related)
$1,749,844
$1,571,014
-10%
Related-Party Receivables
-
-
-
Inventories
$124,698
$88,798
-29%
Prepaid Expenses
-
-
-
Investments
$6,000
$6,000
+0%
Property, Plant, & Equipment (net)
$8,071,370
$7,537,186
-7%
Other Assets
$383,584
$299,136
-22%
Total Assets
$12,695,477
$11,757,475
-7%
Liabilities
2024
2025
Change
Payables & Accruals
$1,026,927
$815,090
-21%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$260,185
$197,779
-24%
Total Liabilities
$1,287,112
$1,012,869
-21%
Net assets
2024
2025
Change
Restricted Net Assets
$4,340
$4,094
-6%
Unrestricted Net Assets
$11,404,025
$10,740,512
-6%
Net assets
2024
2025
Change
Net assets
+$11,408,365
+$10,744,606
-6%