Balance Sheet

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Assets in 2025 (Year End)
$6,358,805
Property, Plant, & Equipment (net)
65%
Cash & Equivalents
33%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$2,287,604
Notes Payable / Debt (Non-Related)
93%
Deferred Revenue
6%
Payables & Accruals
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$356,977
$2,114,706
+492%
Receivables (Non-Related)
$154,032
$56,141
-64%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$24,000
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,054,531
$4,163,958
+36%
Other Assets
-
-
-
Total Assets
$3,565,540
$6,358,805
+78%
Liabilities
2024
2025
Change
Payables & Accruals
$35,254
$41,827
+19%
Grants Payable
-
-
-
Deferred Revenue
$132,381
$129,073
-2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$620,264
$2,116,704
+241%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$787,899
$2,287,604
+190%
Net assets
2024
2025
Change
Restricted Net Assets
-
$573,320
-
Unrestricted Net Assets
$2,777,641
$3,497,881
+26%
Net assets
2024
2025
Change
Net assets
+$2,777,641
+$4,071,201
+47%