Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$12,908,838
Property, Plant, & Equipment (net)
69%
Cash & Equivalents
27%
Prepaid Expenses
2%
Receivables (Non-Related)
1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$5,534,021
Deferred Revenue
77%
Notes Payable / Debt (Non-Related)
19%
Payables & Accruals
3%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,935,004
$3,490,188
+19%
Receivables (Non-Related)
$7,358
$168,660
+2192%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$303,237
$228,236
-25%
Investments
$144,649
$124,130
-14%
Property, Plant, & Equipment (net)
$8,776,926
$8,897,624
+1%
Other Assets
-
-
-
Total Assets
$12,167,174
$12,908,838
+6%
Liabilities
2024
2025
Change
Payables & Accruals
$216,961
$167,923
-23%
Grants Payable
-
-
-
Deferred Revenue
$3,837,394
$4,271,816
+11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,323,030
$1,064,783
-20%
Related-Party Payables
-
-
-
Other Liabilities
$39,656
$29,499
-26%
Total Liabilities
$5,417,041
$5,534,021
+2%
Net assets
2024
2025
Change
Restricted Net Assets
$144,649
$124,130
-14%
Unrestricted Net Assets
$6,605,484
$7,250,687
+10%
Net assets
2024
2025
Change
Net assets
+$6,750,133
+$7,374,817
+9%