Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$689,895,406
Property, Plant, & Equipment (net)
80%
Cash & Equivalents
10%
Other Assets
8%
Receivables (Non-Related)
<1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$215,978,312
Tax-Exempt Bond Liabilities
48%
Deferred Revenue
20%
Notes Payable / Debt (Non-Related)
18%
Payables & Accruals
13%
Other Liabilities
1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$60,170,348
$68,038,649
+13%
Receivables (Non-Related)
$5,400,228
$6,605,520
+22%
Related-Party Receivables
$0
$0
-
Inventories
-
$2,126,406
-
Prepaid Expenses
$979,573
$1,633,585
+67%
Investments
-
-
-
Property, Plant, & Equipment (net)
$491,126,787
$554,886,074
+13%
Other Assets
$55,393,610
$56,605,172
+2%
Total Assets
$613,070,546
$689,895,406
+13%
Liabilities
2024
2025
Change
Payables & Accruals
$35,853,631
$28,883,440
-19%
Grants Payable
-
-
-
Deferred Revenue
$33,734,058
$44,077,867
+31%
Tax-Exempt Bond Liabilities
$108,451,409
$102,736,809
-5%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,000
$38,000,000
+3799900%
Related-Party Payables
$0
$0
-
Other Liabilities
$2,732,945
$2,280,196
-17%
Total Liabilities
$180,773,043
$215,978,312
+19%
Net assets
2024
2025
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2024
2025
Change
Net assets
+$432,297,503
+$473,917,094
+10%