Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$84,433,418
Property, Plant, & Equipment (net)
45%
Other Assets
38%
Cash & Equivalents
16%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$79,809,331
Tax-Exempt Bond Liabilities
59%
Other Liabilities
39%
Payables & Accruals
<1%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$11,767,616
$13,221,979
+12%
Receivables (Non-Related)
$2,398,355
$505,997
-79%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$99,468
$50,116
-50%
Investments
-
-
-
Property, Plant, & Equipment (net)
$40,856,461
$38,275,553
-6%
Other Assets
$32,068,774
$32,379,773
+1%
Total Assets
$87,190,674
$84,433,418
-3%
Liabilities
2024
2025
Change
Payables & Accruals
$510,366
$722,090
+41%
Grants Payable
-
-
-
Deferred Revenue
$295,300
$197,132
-33%
Tax-Exempt Bond Liabilities
$47,985,000
$47,445,000
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$32,179,546
$31,445,109
-2%
Total Liabilities
$80,970,212
$79,809,331
-1%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$6,220,462
$4,624,087
-26%
Net assets
2024
2025
Change
Net assets
+$6,220,462
+$4,624,087
-26%