Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$27,850,829
Property, Plant, & Equipment (net)
90%
Receivables (Non-Related)
8%
Cash & Equivalents
2%
Inventories
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$4,256,019
Notes Payable / Debt (Non-Related)
87%
Payables & Accruals
6%
Other Liabilities
6%
Deferred Revenue
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$631,599
$476,868
-24%
Receivables (Non-Related)
$2,077,492
$2,199,636
+6%
Related-Party Receivables
$0
$0
-
Inventories
$130,482
$96,440
-26%
Prepaid Expenses
$13,806
$18,530
+34%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$22,493,371
$25,050,700
+11%
Other Assets
$8,655
$8,655
+0%
Total Assets
$25,355,405
$27,850,829
+10%
Liabilities
2024
2025
Change
Payables & Accruals
$722,010
$260,377
-64%
Grants Payable
-
-
-
Deferred Revenue
-
$57,500
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,941,769
$3,684,071
+25%
Related-Party Payables
-
-
-
Other Liabilities
$72,963
$254,071
+248%
Total Liabilities
$3,736,742
$4,256,019
+14%
Net assets
2024
2025
Change
Restricted Net Assets
$1,905,198
$1,943,712
+2%
Unrestricted Net Assets
$19,713,465
$21,651,098
+10%
Net assets
2024
2025
Change
Net assets
+$21,618,663
+$23,594,810
+9%