Balance Sheet

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Assets in 2025 (Year End)
$6,678,852
Property, Plant, & Equipment (net)
72%
Cash & Equivalents
28%
Other Assets
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$888,961
Deferred Revenue
69%
Notes Payable / Debt (Non-Related)
26%
Payables & Accruals
5%
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
$2,402,446
$1,837,928
-23%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$728
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,459,599
$4,824,696
+39%
Other Assets
$10,500
$15,500
+48%
Total Assets
$5,872,545
$6,678,852
+14%
Liabilities
2024
2025
Change
Payables & Accruals
$32,003
$43,972
+37%
Grants Payable
-
-
-
Deferred Revenue
$316,056
$617,519
+95%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$341,494
$227,470
-33%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$689,553
$888,961
+29%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$5,182,992
$5,789,891
+12%
Net assets
2024
2025
Change
Net assets
+$5,182,992
+$5,789,891
+12%