Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$46,188,938
Property, Plant, & Equipment (net)
57%
Cash & Equivalents
31%
Other Assets
12%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$27,767,440
Tax-Exempt Bond Liabilities
90%
Payables & Accruals
10%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$11,441,465
$14,113,404
+23%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$97,420
$60,088
-38%
Investments
-
-
-
Property, Plant, & Equipment (net)
$25,765,724
$26,359,064
+2%
Other Assets
$5,720,673
$5,656,382
-1%
Total Assets
$43,025,282
$46,188,938
+7%
Liabilities
2024
2025
Change
Payables & Accruals
$1,879,797
$2,639,876
+40%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$25,376,391
$25,016,613
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$289,782
$110,951
-62%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$27,545,970
$27,767,440
+1%
Net assets
2024
2025
Change
Restricted Net Assets
$2,308,395
$2,260,890
-2%
Unrestricted Net Assets
$13,170,917
$16,160,608
+23%
Net assets
2024
2025
Change
Net assets
+$15,479,312
+$18,421,498
+19%