Balance Sheet

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Assets in 2025 (Year End)
$30,000,185
Property, Plant, & Equipment (net)
54%
Investments
21%
Cash & Equivalents
9%
Receivables (Non-Related)
8%
Other Assets
5%
Prepaid Expenses
1%
Inventories
1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$5,704,858
Notes Payable / Debt (Non-Related)
61%
Payables & Accruals
34%
Other Liabilities
5%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,258,553
$2,781,199
+23%
Receivables (Non-Related)
$2,173,426
$2,379,177
+9%
Related-Party Receivables
-
-
-
Inventories
$366,425
$419,430
+14%
Prepaid Expenses
$363,002
$423,799
+17%
Investments
$5,691,599
$6,200,580
+9%
Property, Plant, & Equipment (net)
$16,046,293
$16,210,445
+1%
Other Assets
$15,145
$1,585,555
+10369%
Total Assets
$26,914,443
$30,000,185
+11%
Liabilities
2024
2025
Change
Payables & Accruals
$1,492,147
$1,928,548
+29%
Grants Payable
-
-
-
Deferred Revenue
$151,933
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,593,149
$3,487,121
-3%
Related-Party Payables
-
-
-
Other Liabilities
$372,504
$289,189
-22%
Total Liabilities
$5,609,733
$5,704,858
+2%
Net assets
2024
2025
Change
Restricted Net Assets
$98,441
-
-
Unrestricted Net Assets
$21,206,269
$24,295,327
+15%
Net assets
2024
2025
Change
Net assets
+$21,304,710
+$24,295,327
+14%