Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$63,804,065
Cash & Equivalents
48%
Property, Plant, & Equipment (net)
42%
Other Assets
9%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2025 (Year End)
$69,519,004
Notes Payable / Debt (Non-Related)
57%
Other Liabilities
43%
Payables & Accruals
<1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$14,513,428
$30,713,401
+112%
Receivables (Non-Related)
$589,466
$813,511
+38%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$24,529,658
$26,540,111
+8%
Other Assets
$10,219,099
$5,737,042
-44%
Total Assets
$49,851,651
$63,804,065
+28%
Liabilities
2024
2025
Change
Payables & Accruals
$169,669
$83,349
-51%
Grants Payable
$0
$0
-
Deferred Revenue
$63,946
$45,242
-29%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$26,023,000
$39,341,000
+51%
Related-Party Payables
$0
$0
-
Other Liabilities
$34,303,461
$30,049,413
-12%
Total Liabilities
$60,560,076
$69,519,004
+15%
Net assets
2024
2025
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2024
2025
Change
Net assets
-$10,708,425
-$5,714,939
+47%