Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$53,846,369
Property, Plant, & Equipment (net)
64%
Cash & Equivalents
21%
Investments
13%
Other Assets
1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$20,162,487
Notes Payable / Debt (Non-Related)
65%
Deferred Revenue
28%
Payables & Accruals
4%
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
$13,374,062
$11,085,952
-17%
Receivables (Non-Related)
$75,817
$67,513
-11%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$307,387
$428,666
+39%
Investments
$2,847,906
$7,115,624
+150%
Property, Plant, & Equipment (net)
$34,780,478
$34,479,351
-1%
Other Assets
$10,942
$669,263
+6016%
Total Assets
$51,396,592
$53,846,369
+5%
Liabilities
2024
2025
Change
Payables & Accruals
$532,259
$764,689
+44%
Grants Payable
-
-
-
Deferred Revenue
$5,346,785
$5,653,143
+6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$13,722,296
$13,062,359
-5%
Related-Party Payables
-
-
-
Other Liabilities
-
$682,296
-
Total Liabilities
$19,601,340
$20,162,487
+3%
Net assets
2024
2025
Change
Restricted Net Assets
$2,260,399
$2,152,334
-5%
Unrestricted Net Assets
$29,534,853
$31,531,548
+7%
Net assets
2024
2025
Change
Net assets
+$31,795,252
+$33,683,882
+6%