Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$26,128,920
Property, Plant, & Equipment (net)
50%
Other Assets
26%
Cash & Equivalents
18%
Inventories
2%
Prepaid Expenses
2%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$14,364,471
Other Liabilities
48%
Notes Payable / Debt (Non-Related)
37%
Payables & Accruals
11%
Deferred Revenue
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$3,996,374
$4,705,603
+18%
Receivables (Non-Related)
$548,397
$362,651
-34%
Related-Party Receivables
-
-
-
Inventories
$462,860
$514,501
+11%
Prepaid Expenses
$450,545
$498,902
+11%
Investments
-
-
-
Property, Plant, & Equipment (net)
$7,697,757
$13,146,098
+71%
Other Assets
$447,925
$6,901,165
+1441%
Total Assets
$13,603,858
$26,128,920
+92%
Liabilities
2024
2025
Change
Payables & Accruals
$1,070,241
$1,591,237
+49%
Grants Payable
-
-
-
Deferred Revenue
$479,312
$563,488
+18%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,614,708
$5,337,273
+104%
Related-Party Payables
-
-
-
Other Liabilities
$0
$6,872,473
-
Total Liabilities
$4,164,261
$14,364,471
+245%
Net assets
2024
2025
Change
Restricted Net Assets
$1,722,217
$992,423
-42%
Unrestricted Net Assets
$7,717,380
$10,772,026
+40%
Net assets
2024
2025
Change
Net assets
+$9,439,597
+$11,764,449
+25%