Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$17,901,193
Other Assets
45%
Property, Plant, & Equipment (net)
42%
Cash & Equivalents
10%
Prepaid Expenses
1%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$13,174,944
Notes Payable / Debt (Non-Related)
97%
Payables & Accruals
3%
Deferred Revenue
<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
$1,221,477
$1,835,295
+50%
Receivables (Non-Related)
$104,468
$220,762
+111%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$76,058
$231,556
+204%
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,269,991
$7,510,875
+43%
Other Assets
$2,071,137
$8,102,705
+291%
Total Assets
$8,743,131
$17,901,193
+105%
Liabilities
2024
2025
Change
Payables & Accruals
$266,111
$345,511
+30%
Grants Payable
-
-
-
Deferred Revenue
$0
$29,433
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,800,000
$12,800,000
+167%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$5,066,111
$13,174,944
+160%
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
+$3,677,020
+$4,726,249
+29%