Balance Sheet

Fiscal Year: 2025
May 1, 2024 – Apr 30, 2025
Assets in 2025 (Year End)
$37,790,299
Cash & Equivalents
57%
Property, Plant, & Equipment (net)
23%
Receivables (Non-Related)
12%
Other Assets
7%
Inventories
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$12,060,101
Notes Payable / Debt (Non-Related)
64%
Payables & Accruals
23%
Other Liabilities
11%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$18,225,919
$21,438,740
+18%
Receivables (Non-Related)
$3,947,690
$4,419,119
+12%
Related-Party Receivables
-
-
-
Inventories
$349,129
$427,560
+22%
Prepaid Expenses
$407,691
$301,813
-26%
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,160,489
$8,533,626
+5%
Other Assets
$2,638,455
$2,669,441
+1%
Total Assets
$33,729,373
$37,790,299
+12%
Liabilities
2024
2025
Change
Payables & Accruals
$2,990,317
$2,763,783
-8%
Grants Payable
-
-
-
Deferred Revenue
$228,583
$228,583
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$8,414,373
$7,704,399
-8%
Related-Party Payables
-
-
-
Other Liabilities
$1,437,655
$1,363,336
-5%
Total Liabilities
$13,070,928
$12,060,101
-8%
Net assets
2024
2025
Change
Restricted Net Assets
$15,341,283
$20,566,733
+34%
Unrestricted Net Assets
$5,317,162
$5,163,465
-3%
Net assets
2024
2025
Change
Net assets
+$20,658,445
+$25,730,198
+25%