Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$55,852,932
Property, Plant, & Equipment (net)
35%
Investments
25%
Other Assets
24%
Cash & Equivalents
14%
Receivables (Non-Related)
1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$22,689,531
Other Liabilities
70%
Notes Payable / Debt (Non-Related)
25%
Payables & Accruals
5%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$10,919,413
$7,700,261
-29%
Receivables (Non-Related)
$966,720
$777,037
-20%
Related-Party Receivables
$450,000
-
-
Inventories
$560,414
$539,117
-4%
Prepaid Expenses
$96,737
$319,799
+231%
Investments
$12,567,528
$13,749,592
+9%
Property, Plant, & Equipment (net)
$9,588,868
$19,329,403
+102%
Other Assets
$10,147,119
$13,437,723
+32%
Total Assets
$45,296,799
$55,852,932
+23%
Liabilities
2024
2025
Change
Payables & Accruals
$375,242
$1,126,950
+200%
Grants Payable
-
-
-
Deferred Revenue
$139,930
$56,211
-60%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$984,575
$5,659,711
+475%
Related-Party Payables
-
-
-
Other Liabilities
$11,187,480
$15,846,659
+42%
Total Liabilities
$12,687,227
$22,689,531
+79%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$32,609,572
$33,163,401
+2%
Net assets
2024
2025
Change
Net assets
+$32,609,572
+$33,163,401
+2%