Balance Sheet

Fiscal Year Start:
Apr 1
Assets in 2025 (Year End)
$22,175,081
Property, Plant, & Equipment (net)
63%
Receivables (Non-Related)
24%
Cash & Equivalents
9%
Prepaid Expenses
2%
Other Assets
1%
Inventories
1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$16,709,696
Notes Payable / Debt (Non-Related)
90%
Payables & Accruals
10%
Other Liabilities
<1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$3,392,123
$1,936,029
-43%
Receivables (Non-Related)
$5,369,947
$5,223,403
-3%
Related-Party Receivables
$0
$0
-
Inventories
$239,954
$281,950
+18%
Prepaid Expenses
$296,097
$375,851
+27%
Investments
-
-
-
Property, Plant, & Equipment (net)
$15,152,205
$14,045,253
-7%
Other Assets
$203,557
$312,595
+54%
Total Assets
$24,653,883
$22,175,081
-10%
Liabilities
2024
2025
Change
Payables & Accruals
$1,939,100
$1,594,323
-18%
Grants Payable
-
-
-
Deferred Revenue
$26,988
$4,471
-83%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$15,308,709
$15,019,803
-2%
Related-Party Payables
$0
$0
-
Other Liabilities
$958,762
$91,099
-90%
Total Liabilities
$18,233,559
$16,709,696
-8%
Net assets
2024
2025
Change
Restricted Net Assets
$63,800
$116,266
+82%
Unrestricted Net Assets
$6,356,524
$5,349,119
-16%
Net assets
2024
2025
Change
Net assets
+$6,420,324
+$5,465,385
-15%