Balance Sheet

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Assets in 2025 (Year End)
$81,939,211
Property, Plant, & Equipment (net)
54%
Investments
32%
Cash & Equivalents
10%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$8,195,179
Notes Payable / Debt (Non-Related)
78%
Payables & Accruals
18%
Deferred Revenue
3%
Other Liabilities
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$6,069,400
$8,153,631
+34%
Receivables (Non-Related)
$2,494,944
$2,283,880
-8%
Related-Party Receivables
$0
$0
-
Inventories
$169,158
$178,990
+6%
Prepaid Expenses
$589,784
$719,725
+22%
Investments
$31,204,547
$26,013,164
-17%
Property, Plant, & Equipment (net)
$44,973,775
$44,589,821
-1%
Other Assets
$178,154
$0
-100%
Total Assets
$85,679,762
$81,939,211
-4%
Liabilities
2024
2025
Change
Payables & Accruals
$1,704,998
$1,455,617
-15%
Grants Payable
$0
$0
-
Deferred Revenue
$230,580
$242,965
+5%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$6,923,065
$6,395,520
-8%
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$101,077
-
Total Liabilities
$8,858,643
$8,195,179
-7%
Net assets
2024
2025
Change
Restricted Net Assets
$33,143,536
$29,894,835
-10%
Unrestricted Net Assets
$43,677,583
$43,849,197
+0%
Net assets
2024
2025
Change
Net assets
+$76,821,119
+$73,744,032
-4%