Balance Sheet

Fiscal Year: 2025
Jan 1, 2025 – Dec 31, 2025
Assets in 2025 (Year End)
$64,235,150
Property, Plant, & Equipment (net)
89%
Cash & Equivalents
4%
Inventories
3%
Receivables (Non-Related)
2%
Investments
2%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$17,080,705
Notes Payable / Debt (Non-Related)
76%
Other Liabilities
15%
Payables & Accruals
8%
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
$2,002,529
$2,425,826
+21%
Receivables (Non-Related)
$1,366,813
$1,466,343
+7%
Related-Party Receivables
-
-
-
Inventories
$1,869,027
$1,818,450
-3%
Prepaid Expenses
$85,899
$102,451
+19%
Investments
$1,083,549
$1,093,847
+1%
Property, Plant, & Equipment (net)
$55,835,023
$57,322,798
+3%
Other Assets
$5,450
$5,435
0%
Total Assets
$62,248,290
$64,235,150
+3%
Liabilities
2024
2025
Change
Payables & Accruals
$2,817,666
$1,337,647
-53%
Grants Payable
-
-
-
Deferred Revenue
$284,135
$130,048
-54%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$13,466,734
$12,980,192
-4%
Related-Party Payables
-
-
-
Other Liabilities
-
$2,632,818
-
Total Liabilities
$16,568,535
$17,080,705
+3%
Net assets
2024
2025
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2024
2025
Change
Net assets
+$45,679,755
+$47,154,445
+3%