Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$6,046,074
Other Assets
39%
Receivables (Non-Related)
29%
Inventories
13%
Property, Plant, & Equipment (net)
9%
Prepaid Expenses
6%
Cash & Equivalents
4%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$3,712,069
Notes Payable / Debt (Non-Related)
89%
Payables & Accruals
11%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$640,948
$252,288
-61%
Receivables (Non-Related)
$1,849,797
$1,765,338
-5%
Related-Party Receivables
$0
$0
-
Inventories
$952,591
$774,125
-19%
Prepaid Expenses
$290,395
$339,526
+17%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$674,810
$548,509
-19%
Other Assets
$3,959,124
$2,366,288
-40%
Total Assets
$8,367,665
$6,046,074
-28%
Liabilities
2024
2025
Change
Payables & Accruals
$370,444
$419,609
+13%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,433,249
$3,292,460
-26%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$4,803,693
$3,712,069
-23%
Net assets
2024
2025
Change
Restricted Net Assets
$40,981
$40,981
+0%
Unrestricted Net Assets
$3,522,991
$2,293,024
-35%
Net assets
2024
2025
Change
Net assets
+$3,563,972
+$2,334,005
-35%