Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$30,967,357
Property, Plant, & Equipment (net)
80%
Other Assets
12%
Receivables (Non-Related)
4%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$20,023,652
Notes Payable / Debt (Non-Related)
95%
Payables & Accruals
5%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,307,730
$754,842
-67%
Receivables (Non-Related)
$1,836,467
$1,313,120
-28%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$173,877
$203,893
+17%
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,532,669
$24,837,354
+448%
Other Assets
$20,288,031
$3,858,148
-81%
Total Assets
$29,138,774
$30,967,357
+6%
Liabilities
2024
2025
Change
Payables & Accruals
$2,440,843
$1,084,300
-56%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$19,086,363
$18,939,352
-1%
Related-Party Payables
-
-
-
Other Liabilities
$878,511
$0
-100%
Total Liabilities
$22,405,717
$20,023,652
-11%
Net assets
2024
2025
Change
Restricted Net Assets
$1,912,500
$300,000
-84%
Unrestricted Net Assets
$4,820,557
$10,643,705
+121%
Net assets
2024
2025
Change
Net assets
+$6,733,057
+$10,943,705
+63%