Balance Sheet

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Assets in 2025 (Year End)
$3,886,868
Property, Plant, & Equipment (net)
73%
Cash & Equivalents
25%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$3,917,373
Notes Payable / Debt (Non-Related)
68%
Other Liabilities
31%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$784,904
$961,543
+23%
Receivables (Non-Related)
$125,000
$50,000
-60%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,734
$20,314
+444%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,927,554
$2,852,531
-3%
Other Assets
$7,176
$2,480
-65%
Total Assets
$3,848,368
$3,886,868
+1%
Liabilities
2024
2025
Change
Payables & Accruals
$77,325
$12,480
-84%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,789,757
$2,682,507
-4%
Related-Party Payables
-
-
-
Other Liabilities
$922,386
$1,222,386
+33%
Total Liabilities
$3,789,468
$3,917,373
+3%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$58,900
-$30,505
-152%
Net assets
2024
2025
Change
Net assets
+$58,900
-$30,505
-152%