Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2025 (Year End)
$237,709,662
Property, Plant, & Equipment (net)
79%
Investments
18%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$253,661,048
Tax-Exempt Bond Liabilities
52%
Deferred Revenue
38%
Notes Payable / Debt (Non-Related)
6%
Payables & Accruals
2%
Other Liabilities
1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,184,616
$3,785,279
+220%
Receivables (Non-Related)
$623,863
$765,014
+23%
Related-Party Receivables
-
-
-
Inventories
$108,389
$61,073
-44%
Prepaid Expenses
$1,720,953
$1,747,558
+2%
Investments
$40,012,289
$42,352,580
+6%
Property, Plant, & Equipment (net)
$195,248,414
$187,286,718
-4%
Other Assets
$4,934,993
$1,711,440
-65%
Total Assets
$243,833,517
$237,709,662
-3%
Liabilities
2024
2025
Change
Payables & Accruals
$3,374,561
$4,578,263
+36%
Grants Payable
-
-
-
Deferred Revenue
$98,624,370
$96,680,322
-2%
Tax-Exempt Bond Liabilities
$135,737,808
$132,629,977
-2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$19,685,546
$16,400,707
-17%
Related-Party Payables
-
-
-
Other Liabilities
$3,507,604
$3,371,779
-4%
Total Liabilities
$260,929,889
$253,661,048
-3%
Net assets
2024
2025
Change
Restricted Net Assets
$422,550
$1,124,901
+166%
Unrestricted Net Assets
-$17,518,922
-$17,076,287
+3%
Net assets
2024
2025
Change
Net assets
-$17,096,372
-$15,951,386
+7%