Balance Sheet

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Assets in 2025 (Year End)
$36,295,622
Cash & Equivalents
80%
Property, Plant, & Equipment (net)
14%
Other Assets
3%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$11,461,519
Deferred Revenue
61%
Payables & Accruals
18%
Notes Payable / Debt (Non-Related)
14%
Other Liabilities
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$24,727,334
$29,187,947
+18%
Receivables (Non-Related)
$888,494
$964,302
+9%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$103,829
$125,079
+20%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$4,615,095
$4,951,507
+7%
Other Assets
$1,050,000
$1,066,787
+2%
Total Assets
$31,384,752
$36,295,622
+16%
Liabilities
2024
2025
Change
Payables & Accruals
$1,507,958
$2,009,598
+33%
Grants Payable
-
-
-
Deferred Revenue
$7,657,747
$6,953,508
-9%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,628,872
$1,577,989
-3%
Related-Party Payables
-
-
-
Other Liabilities
$1,003,949
$920,424
-8%
Total Liabilities
$11,798,526
$11,461,519
-3%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$19,586,226
$24,834,103
+27%
Net assets
2024
2025
Change
Net assets
+$19,586,226
+$24,834,103
+27%