Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$135,359,342
Receivables (Non-Related)
59%
Property, Plant, & Equipment (net)
41%
Other Assets
<1%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$88,386,706
Deferred Revenue
56%
Tax-Exempt Bond Liabilities
37%
Payables & Accruals
4%
Other Liabilities
3%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$760
$535
-30%
Receivables (Non-Related)
$74,097,113
$79,530,264
+7%
Related-Party Receivables
-
$0
-
Inventories
-
-
-
Prepaid Expenses
$43,608
$106,622
+145%
Investments
-
-
-
Property, Plant, & Equipment (net)
$55,462,175
$55,605,871
+0%
Other Assets
$116,050
$116,050
+0%
Total Assets
$129,719,706
$135,359,342
+4%
Liabilities
2024
2025
Change
Payables & Accruals
$2,457,256
$3,798,171
+55%
Grants Payable
-
-
-
Deferred Revenue
$47,582,442
$49,118,719
+3%
Tax-Exempt Bond Liabilities
$33,741,591
$32,686,396
-3%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
$0
-
Other Liabilities
$2,564,774
$2,783,420
+9%
Total Liabilities
$86,346,063
$88,386,706
+2%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$43,373,643
$46,972,636
+8%
Net assets
2024
2025
Change
Net assets
+$43,373,643
+$46,972,636
+8%