Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$35,533,657
Property, Plant, & Equipment (net)
50%
Cash & Equivalents
32%
Receivables (Non-Related)
14%
Other Assets
5%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2025 (Year End)
$14,295,051
Deferred Revenue
66%
Payables & Accruals
21%
Other Liabilities
12%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$8,966,758
$11,361,790
+27%
Receivables (Non-Related)
$1,112,177
$4,822,965
+334%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,588,995
$17,640,834
+105%
Other Assets
$2,259,208
$1,708,068
-24%
Total Assets
$20,927,138
$35,533,657
+70%
Liabilities
2024
2025
Change
Payables & Accruals
$1,180,147
$3,047,942
+158%
Grants Payable
-
-
-
Deferred Revenue
$5,219,554
$9,467,156
+81%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,334,073
$1,779,953
-24%
Total Liabilities
$8,733,774
$14,295,051
+64%
Net assets
2024
2025
Change
Restricted Net Assets
$1,477,733
$1,352,221
-8%
Unrestricted Net Assets
$10,715,631
$19,886,385
+86%
Net assets
2024
2025
Change
Net assets
+$12,193,364
+$21,238,606
+74%