Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$55,567,710
Cash & Equivalents
56%
Receivables (Non-Related)
36%
Investments
5%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$14,639,680
Payables & Accruals
57%
Deferred Revenue
43%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$28,399,375
$31,202,784
+10%
Receivables (Non-Related)
$14,251,000
$19,954,794
+40%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-$47,348
$327,896
-793%
Investments
-
$2,545,941
-
Property, Plant, & Equipment (net)
$1,894,763
$1,392,078
-27%
Other Assets
$144,217
$144,217
+0%
Total Assets
$44,642,007
$55,567,710
+24%
Liabilities
2024
2025
Change
Payables & Accruals
$5,786,371
$8,318,755
+44%
Grants Payable
-
-
-
Deferred Revenue
$5,942,403
$6,320,925
+6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$11,728,774
$14,639,680
+25%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$32,913,233
$40,928,030
+24%
Net assets
2024
2025
Change
Net assets
+$32,913,233
+$40,928,030
+24%