Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$147,502,850
Investments
52%
Property, Plant, & Equipment (net)
39%
Cash & Equivalents
7%
Receivables (Non-Related)
1%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$63,688,743
Tax-Exempt Bond Liabilities
95%
Deferred Revenue
3%
Payables & Accruals
1%
Other Liabilities
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$7,262,879
$11,043,634
+52%
Receivables (Non-Related)
$2,667,972
$1,952,139
-27%
Related-Party Receivables
-
-
-
Inventories
$197,368
$239,963
+22%
Prepaid Expenses
$337,597
$321,008
-5%
Investments
$72,692,308
$76,106,166
+5%
Property, Plant, & Equipment (net)
$59,690,030
$57,232,301
-4%
Other Assets
$617,563
$607,639
-2%
Total Assets
$143,465,717
$147,502,850
+3%
Liabilities
2024
2025
Change
Payables & Accruals
$556,615
$712,008
+28%
Grants Payable
-
-
-
Deferred Revenue
$1,864,421
$2,040,362
+9%
Tax-Exempt Bond Liabilities
$61,435,765
$60,535,765
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$708,895
$400,608
-43%
Total Liabilities
$64,565,696
$63,688,743
-1%
Net assets
2024
2025
Change
Restricted Net Assets
$7,218,857
$8,626,511
+19%
Unrestricted Net Assets
$71,681,164
$75,187,596
+5%
Net assets
2024
2025
Change
Net assets
+$78,900,021
+$83,814,107
+6%