Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2025 (Year End)
$243,873,442
Property, Plant, & Equipment (net)
67%
Cash & Equivalents
18%
Investments
15%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$231,577,856
Tax-Exempt Bond Liabilities
65%
Deferred Revenue
34%
Payables & Accruals
<1%
Other Liabilities
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$26,702,756
$43,521,312
+63%
Receivables (Non-Related)
$726,458
$1,059,289
+46%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$103,551
$106,510
+3%
Investments
$33,805,495
$36,737,188
+9%
Property, Plant, & Equipment (net)
$121,826,659
$162,362,839
+33%
Other Assets
$86,304
$86,304
+0%
Total Assets
$183,251,223
$243,873,442
+33%
Liabilities
2024
2025
Change
Payables & Accruals
$1,523,557
$1,954,041
+28%
Grants Payable
-
-
-
Deferred Revenue
$59,706,595
$78,095,957
+31%
Tax-Exempt Bond Liabilities
$104,972,382
$149,794,246
+43%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
$0
-
Other Liabilities
$6,878,181
$1,733,612
-75%
Total Liabilities
$173,080,715
$231,577,856
+34%
Net assets
2024
2025
Change
Restricted Net Assets
$397,271
$416,399
+5%
Unrestricted Net Assets
$9,773,237
$11,879,187
+22%
Net assets
2024
2025
Change
Net assets
+$10,170,508
+$12,295,586
+21%