Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$57,238,466
Property, Plant, & Equipment (net)
73%
Cash & Equivalents
14%
Other Assets
9%
Inventories
3%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$6,518,824
Other Liabilities
76%
Payables & Accruals
23%
Deferred Revenue
<1%
Grants Payable
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
$11,627,358
$8,200,541
-29%
Receivables (Non-Related)
$312,625
$329,982
+6%
Related-Party Receivables
-
-
-
Inventories
$1,420,833
$1,671,889
+18%
Prepaid Expenses
$128,219
$134,338
+5%
Investments
-
-
-
Property, Plant, & Equipment (net)
$35,641,639
$41,906,484
+18%
Other Assets
$4,441,860
$4,995,232
+12%
Total Assets
$53,572,534
$57,238,466
+7%
Liabilities
2024
2025
Change
Payables & Accruals
$2,274,300
$1,525,141
-33%
Grants Payable
-
-
-
Deferred Revenue
$30,492
$36,359
+19%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$4,378,146
$4,957,324
+13%
Total Liabilities
$6,682,938
$6,518,824
-2%
Net assets
2024
2025
Change
Restricted Net Assets
$94,418
$94,418
+0%
Unrestricted Net Assets
$46,795,178
$50,625,224
+8%
Net assets
2024
2025
Change
Net assets
+$46,889,596
+$50,719,642
+8%