Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$38,066,358
Receivables (Non-Related)
26%
Inventories
24%
Investments
16%
Property, Plant, & Equipment (net)
13%
Other Assets
12%
Cash & Equivalents
9%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$5,787,573
Notes Payable / Debt (Non-Related)
93%
Payables & Accruals
5%
Deferred Revenue
2%
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
$4,604,002
$3,309,069
-28%
Receivables (Non-Related)
$8,856,801
$9,750,734
+10%
Related-Party Receivables
-
-
-
Inventories
$5,236,415
$8,958,617
+71%
Prepaid Expenses
$333,296
$279,843
-16%
Investments
$6,904,534
$6,087,964
-12%
Property, Plant, & Equipment (net)
$5,378,826
$5,101,478
-5%
Other Assets
$4,915,579
$4,578,653
-7%
Total Assets
$36,229,453
$38,066,358
+5%
Liabilities
2024
2025
Change
Payables & Accruals
$540,618
$263,091
-51%
Grants Payable
-
-
-
Deferred Revenue
$94,788
$94,269
-1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,721,119
$5,409,258
-20%
Related-Party Payables
-
-
-
Other Liabilities
$19,376
$20,955
+8%
Total Liabilities
$7,375,901
$5,787,573
-22%
Net assets
2024
2025
Change
Restricted Net Assets
$59,971
$124,350
+107%
Unrestricted Net Assets
$28,793,581
$32,154,435
+12%
Net assets
2024
2025
Change
Net assets
+$28,853,552
+$32,278,785
+12%