Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$3,618,649
Cash & Equivalents
93%
Receivables (Non-Related)
6%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$1,515,179
Deferred Revenue
97%
Payables & Accruals
3%
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
$3,185,967
$3,371,252
+6%
Receivables (Non-Related)
$5,000
$210,000
+4100%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$231,137
$22,038
-90%
Investments
-
-
-
Property, Plant, & Equipment (net)
$24,431
$14,859
-39%
Other Assets
-
$500
-
Total Assets
$3,446,535
$3,618,649
+5%
Liabilities
2024
2025
Change
Payables & Accruals
$22,967
$52,371
+128%
Grants Payable
$200,000
$0
-100%
Deferred Revenue
$789,207
$1,462,808
+85%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,012,174
$1,515,179
+50%
Net assets
2024
2025
Change
Restricted Net Assets
$456,500
$0
-100%
Unrestricted Net Assets
$1,977,861
$2,103,470
+6%
Net assets
2024
2025
Change
Net assets
+$2,434,361
+$2,103,470
-14%