Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$40,742,754
Property, Plant, & Equipment (net)
50%
Receivables (Non-Related)
22%
Cash & Equivalents
18%
Other Assets
8%
Prepaid Expenses
2%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$12,798,500
Notes Payable / Debt (Non-Related)
36%
Payables & Accruals
36%
Other Liabilities
23%
Deferred Revenue
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$14,387,734
$7,471,506
-48%
Receivables (Non-Related)
$7,091,459
$8,950,368
+26%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,130,309
$660,994
-42%
Investments
$20,854
$17,538
-16%
Property, Plant, & Equipment (net)
$13,810,603
$20,482,639
+48%
Other Assets
$3,357,647
$3,159,709
-6%
Total Assets
$39,798,606
$40,742,754
+2%
Liabilities
2024
2025
Change
Payables & Accruals
$3,712,869
$4,556,905
+23%
Grants Payable
-
-
-
Deferred Revenue
$904,376
$601,381
-34%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,808,005
$4,660,540
-3%
Related-Party Payables
-
-
-
Other Liabilities
$3,129,434
$2,979,674
-5%
Total Liabilities
$12,554,684
$12,798,500
+2%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$27,243,922
$27,944,254
+3%
Net assets
2024
2025
Change
Net assets
+$27,243,922
+$27,944,254
+3%