Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$156,265,714
Property, Plant, & Equipment (net)
67%
Other Assets
22%
Cash & Equivalents
10%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$162,234,366
Tax-Exempt Bond Liabilities
77%
Notes Payable / Debt (Non-Related)
17%
Payables & Accruals
6%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$15,394,466
$15,783,741
+3%
Receivables (Non-Related)
$842,204
$724,735
-14%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$377,005
$386,745
+3%
Investments
-
-
-
Property, Plant, & Equipment (net)
$108,183,055
$105,137,194
-3%
Other Assets
$11,796,781
$34,233,299
+190%
Total Assets
$136,593,511
$156,265,714
+14%
Liabilities
2024
2025
Change
Payables & Accruals
$5,795,453
$8,932,720
+54%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$126,796,885
$125,687,663
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$8,812,601
$27,613,983
+213%
Related-Party Payables
-
-
-
Other Liabilities
$400,000
$0
-100%
Total Liabilities
$141,804,939
$162,234,366
+14%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$5,211,428
-$5,968,652
-15%
Net assets
2024
2025
Change
Net assets
-$5,211,428
-$5,968,652
-15%