Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$11,812,973
Property, Plant, & Equipment (net)
90%
Cash & Equivalents
7%
Other Assets
2%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$8,241,369
Notes Payable / Debt (Non-Related)
57%
Deferred Revenue
28%
Payables & Accruals
15%
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
$892,743
$850,928
-5%
Receivables (Non-Related)
$137,004
$45,946
-66%
Related-Party Receivables
$0
-
-
Inventories
$0
-
-
Prepaid Expenses
$58,683
$64,963
+11%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$10,776,338
$10,591,838
-2%
Other Assets
$250,867
$259,298
+3%
Total Assets
$12,115,635
$11,812,973
-2%
Liabilities
2024
2025
Change
Payables & Accruals
$156,661
$1,255,493
+701%
Grants Payable
-
-
-
Deferred Revenue
$2,324,748
$2,270,413
-2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,020,418
$4,715,463
-6%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$7,501,827
$8,241,369
+10%
Net assets
2024
2025
Change
Restricted Net Assets
$197,418
$197,418
+0%
Unrestricted Net Assets
$4,416,390
$3,374,186
-24%
Net assets
2024
2025
Change
Net assets
+$4,613,808
+$3,571,604
-23%