Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$15,485,216
Property, Plant, & Equipment (net)
36%
Receivables (Non-Related)
25%
Other Assets
23%
Cash & Equivalents
15%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$5,762,846
Notes Payable / Debt (Non-Related)
79%
Payables & Accruals
9%
Deferred Revenue
7%
Other Liabilities
5%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,505,933
$2,266,889
-10%
Receivables (Non-Related)
$3,018,139
$3,866,092
+28%
Related-Party Receivables
-
-
-
Inventories
$220,510
$151,803
-31%
Prepaid Expenses
$84,450
$92,765
+10%
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,976,214
$5,612,441
-6%
Other Assets
$1,416,136
$3,495,226
+147%
Total Assets
$13,221,382
$15,485,216
+17%
Liabilities
2024
2025
Change
Payables & Accruals
$807,800
$506,605
-37%
Grants Payable
-
-
-
Deferred Revenue
$235,064
$422,803
+80%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$134,965
$2,642
-98%
Notes Payable / Debt (Non-Related)
$2,656,663
$4,541,777
+71%
Related-Party Payables
-
-
-
Other Liabilities
$86,042
$289,019
+236%
Total Liabilities
$3,920,534
$5,762,846
+47%
Net assets
2024
2025
Change
Restricted Net Assets
$6,008,035
$4,669,915
-22%
Unrestricted Net Assets
$3,292,813
$5,052,455
+53%
Net assets
2024
2025
Change
Net assets
+$9,300,848
+$9,722,370
+5%