Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$106,942,603
Investments
43%
Cash & Equivalents
27%
Property, Plant, & Equipment (net)
25%
Receivables (Non-Related)
4%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$40,262,199
Tax-Exempt Bond Liabilities
87%
Payables & Accruals
7%
Deferred Revenue
6%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$7,278,266
$29,258,901
+302%
Receivables (Non-Related)
$364,846
$4,108,924
+1026%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$110,292
$158,658
+44%
Investments
$27,563,208
$46,088,479
+67%
Property, Plant, & Equipment (net)
$24,908,054
$26,730,552
+7%
Other Assets
$25,158
$597,089
+2273%
Total Assets
$60,249,824
$106,942,603
+77%
Liabilities
2024
2025
Change
Payables & Accruals
$1,516,536
$2,722,496
+80%
Grants Payable
-
-
-
Deferred Revenue
$1,827,164
$2,527,902
+38%
Tax-Exempt Bond Liabilities
$2,540,000
$35,011,801
+1278%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$5,883,700
$40,262,199
+584%
Net assets
2024
2025
Change
Restricted Net Assets
$20,634,103
$31,697,483
+54%
Unrestricted Net Assets
$33,732,021
$34,982,921
+4%
Net assets
2024
2025
Change
Net assets
+$54,366,124
+$66,680,404
+23%