Balance Sheet

Fiscal Year Start:
May 1
Assets in 2025 (Year End)
$10,065,126
Property, Plant, & Equipment (net)
71%
Cash & Equivalents
18%
Receivables (Non-Related)
7%
Inventories
4%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$4,466,393
Notes Payable / Debt (Non-Related)
56%
Deferred Revenue
36%
Payables & Accruals
7%
Related-Party Payables
<1%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,061,369
$1,821,509
-12%
Receivables (Non-Related)
$713,758
$707,494
-1%
Related-Party Receivables
-
-
-
Inventories
$334,969
$360,378
+8%
Prepaid Expenses
$2,976
$6,566
+121%
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,992,711
$7,127,643
+43%
Other Assets
$65,662
$41,536
-37%
Total Assets
$8,171,445
$10,065,126
+23%
Liabilities
2024
2025
Change
Payables & Accruals
$265,558
$332,626
+25%
Grants Payable
-
-
-
Deferred Revenue
$1,509,550
$1,597,037
+6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$711,318
$2,485,053
+249%
Related-Party Payables
$34,800
$34,800
+0%
Other Liabilities
$38,574
$16,877
-56%
Total Liabilities
$2,559,800
$4,466,393
+74%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$5,611,645
$5,598,733
0%
Net assets
2024
2025
Change
Net assets
+$5,611,645
+$5,598,733
0%