Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$6,460,500
Property, Plant, & Equipment (net)
63%
Receivables (Non-Related)
20%
Cash & Equivalents
16%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$4,749,374
Notes Payable / Debt (Non-Related)
57%
Deferred Revenue
38%
Payables & Accruals
5%
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
$831,998
$1,023,930
+23%
Receivables (Non-Related)
$2,406,917
$1,298,424
-46%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$35,056
$36,643
+5%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$4,292,320
$4,101,503
-4%
Other Assets
-
$0
-
Total Assets
$7,566,291
$6,460,500
-15%
Liabilities
2024
2025
Change
Payables & Accruals
$189,444
$236,715
+25%
Grants Payable
-
-
-
Deferred Revenue
$3,038,054
$1,789,506
-41%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,860,170
$2,723,153
-5%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$6,087,668
$4,749,374
-22%
Net assets
2024
2025
Change
Restricted Net Assets
$1,314
$94,533
+7094%
Unrestricted Net Assets
$1,477,309
$1,616,593
+9%
Net assets
2024
2025
Change
Net assets
+$1,478,623
+$1,711,126
+16%