Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2025 (Year End)
$97,936,432
Receivables (Non-Related)
48%
Other Assets
38%
Cash & Equivalents
11%
Property, Plant, & Equipment (net)
2%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$70,715,665
Notes Payable / Debt (Non-Related)
49%
Other Liabilities
37%
Deferred Revenue
8%
Payables & Accruals
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$13,713,574
$10,996,270
-20%
Receivables (Non-Related)
$31,869,007
$46,816,306
+47%
Related-Party Receivables
-
-
-
Inventories
$729,314
$918,820
+26%
Prepaid Expenses
$658,413
$708,750
+8%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,432,803
$1,620,261
+13%
Other Assets
$26,123,506
$36,876,025
+41%
Total Assets
$74,526,617
$97,936,432
+31%
Liabilities
2024
2025
Change
Payables & Accruals
$2,539,862
$4,536,462
+79%
Grants Payable
-
-
-
Deferred Revenue
$5,514,822
$5,415,174
-2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$32,302,713
$34,857,618
+8%
Related-Party Payables
-
-
-
Other Liabilities
$9,994,956
$25,906,411
+159%
Total Liabilities
$50,352,353
$70,715,665
+40%
Net assets
2024
2025
Change
Restricted Net Assets
$83,346
$83,502
+0%
Unrestricted Net Assets
$24,090,918
$27,137,265
+13%
Net assets
2024
2025
Change
Net assets
+$24,174,264
+$27,220,767
+13%