Balance Sheet

Fiscal Year: 2025
Dec 1, 2024 – Nov 30, 2025
Assets in 2025 (Year End)
$21,124,703
Property, Plant, & Equipment (net)
46%
Other Assets
40%
Cash & Equivalents
12%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$2,021,790
Notes Payable / Debt (Non-Related)
92%
Other Liabilities
5%
Payables & Accruals
3%
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
$2,059,722
$2,596,569
+26%
Receivables (Non-Related)
$159,515
$145,655
-9%
Related-Party Receivables
$0
$0
-
Inventories
$47,728
$25,878
-46%
Prepaid Expenses
$29,693
$33,823
+14%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$10,015,485
$9,783,541
-2%
Other Assets
$8,538,126
$8,539,237
+0%
Total Assets
$20,850,269
$21,124,703
+1%
Liabilities
2024
2025
Change
Payables & Accruals
$40,301
$62,018
+54%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,986,925
$1,864,046
-6%
Related-Party Payables
-
-
-
Other Liabilities
$88,862
$95,726
+8%
Total Liabilities
$2,116,088
$2,021,790
-4%
Net assets
2024
2025
Change
Restricted Net Assets
$941,400
$941,400
+0%
Unrestricted Net Assets
$17,792,781
$18,161,513
+2%
Net assets
2024
2025
Change
Net assets
+$18,734,181
+$19,102,913
+2%