Balance Sheet

Fiscal Year: 2025
Apr 1, 2024 – Mar 31, 2025
Assets in 2025 (Year End)
$64,000,577
Property, Plant, & Equipment (net)
59%
Investments
13%
Cash & Equivalents
10%
Receivables (Non-Related)
7%
Other Assets
7%
Inventories
2%
Prepaid Expenses
2%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$17,811,300
Payables & Accruals
42%
Notes Payable / Debt (Non-Related)
41%
Deferred Revenue
13%
Other Liabilities
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$6,445,534
$6,652,719
+3%
Receivables (Non-Related)
$4,181,897
$4,456,375
+7%
Related-Party Receivables
-
-
-
Inventories
$1,297,330
$1,473,264
+14%
Prepaid Expenses
$1,536,769
$1,140,962
-26%
Investments
$5,259,129
$8,629,425
+64%
Property, Plant, & Equipment (net)
$36,900,578
$37,454,619
+2%
Other Assets
$2,509,694
$4,193,213
+67%
Total Assets
$58,130,931
$64,000,577
+10%
Liabilities
2024
2025
Change
Payables & Accruals
$6,552,106
$7,439,733
+14%
Grants Payable
-
-
-
Deferred Revenue
$2,340,210
$2,387,507
+2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,893,560
$7,388,380
-6%
Related-Party Payables
-
-
-
Other Liabilities
$600,928
$595,680
-1%
Total Liabilities
$17,386,804
$17,811,300
+2%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$40,744,127
$46,189,277
+13%
Net assets
2024
2025
Change
Net assets
+$40,744,127
+$46,189,277
+13%