Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$25,990,332
Cash & Equivalents
67%
Property, Plant, & Equipment (net)
23%
Receivables (Non-Related)
5%
Inventories
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$1,380,812
Payables & Accruals
95%
Deferred Revenue
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$16,125,550
$17,456,372
+8%
Receivables (Non-Related)
$1,449,591
$1,310,622
-10%
Related-Party Receivables
-
-
-
Inventories
$1,165,745
$1,223,588
+5%
Prepaid Expenses
$183,475
$142,430
-22%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,047,140
$5,857,320
-3%
Other Assets
-
-
-
Total Assets
$24,971,501
$25,990,332
+4%
Liabilities
2024
2025
Change
Payables & Accruals
$2,195,140
$1,305,812
-41%
Grants Payable
-
-
-
Deferred Revenue
$25,000
$75,000
+200%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,220,140
$1,380,812
-38%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$22,751,361
$24,609,520
+8%
Net assets
2024
2025
Change
Net assets
+$22,751,361
+$24,609,520
+8%