Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$81,989,340
Other Assets
58%
Property, Plant, & Equipment (net)
41%
Cash & Equivalents
2%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2025 (Year End)
$76,386,555
Deferred Revenue
55%
Notes Payable / Debt (Non-Related)
44%
Payables & Accruals
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,403,660
$1,517,936
+8%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$34,145,642
$33,219,778
-3%
Other Assets
$50,026,945
$47,251,626
-6%
Total Assets
$85,576,247
$81,989,340
-4%
Liabilities
2024
2025
Change
Payables & Accruals
$378,887
$403,873
+7%
Grants Payable
-
-
-
Deferred Revenue
$45,961,063
$42,198,978
-8%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$35,772,831
$33,783,704
-6%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$82,112,781
$76,386,555
-7%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,463,466
$5,602,785
+62%
Net assets
2024
2025
Change
Net assets
+$3,463,466
+$5,602,785
+62%