Balance Sheet

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Assets in 2025 (Year End)
$17,823,410
Property, Plant, & Equipment (net)
48%
Investments
26%
Cash & Equivalents
16%
Receivables (Non-Related)
7%
Prepaid Expenses
3%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$6,513,707
Deferred Revenue
56%
Notes Payable / Debt (Non-Related)
34%
Payables & Accruals
10%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$4,220,604
$2,823,183
-33%
Receivables (Non-Related)
$1,113,160
$1,169,294
+5%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$680,301
$583,863
-14%
Investments
$4,464,328
$4,672,576
+5%
Property, Plant, & Equipment (net)
$6,642,669
$8,546,535
+29%
Other Assets
$31,647
$27,959
-12%
Total Assets
$17,152,709
$17,823,410
+4%
Liabilities
2024
2025
Change
Payables & Accruals
$557,646
$678,713
+22%
Grants Payable
-
-
-
Deferred Revenue
$3,754,574
$3,650,667
-3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,287,834
$2,184,327
-5%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$6,600,054
$6,513,707
-1%
Net assets
2024
2025
Change
Restricted Net Assets
$1,753,245
$1,750,801
0%
Unrestricted Net Assets
$8,799,410
$9,558,902
+9%
Net assets
2024
2025
Change
Net assets
+$10,552,655
+$11,309,703
+7%