Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$164,541,081
Investments
53%
Property, Plant, & Equipment (net)
34%
Receivables (Non-Related)
8%
Cash & Equivalents
4%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$44,113,274
Deferred Revenue
38%
Payables & Accruals
29%
Notes Payable / Debt (Non-Related)
20%
Tax-Exempt Bond Liabilities
10%
Custodial & Escrow Liabilities
2%
Other Liabilities
1%
Grants Payable
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$5,886,510
$5,815,942
-1%
Receivables (Non-Related)
$14,056,956
$13,750,578
-2%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$834,628
$955,386
+14%
Investments
$70,115,258
$87,132,600
+24%
Property, Plant, & Equipment (net)
$54,167,374
$55,461,945
+2%
Other Assets
$1,473,220
$1,424,630
-3%
Total Assets
$146,533,946
$164,541,081
+12%
Liabilities
2024
2025
Change
Payables & Accruals
$11,653,997
$12,726,740
+9%
Grants Payable
-
-
-
Deferred Revenue
$12,900,851
$16,659,049
+29%
Tax-Exempt Bond Liabilities
$5,343,424
$4,357,894
-18%
Custodial & Escrow Liabilities
$771,026
$816,373
+6%
Notes Payable / Debt (Non-Related)
$8,933,855
$8,997,511
+1%
Related-Party Payables
$0
$0
-
Other Liabilities
$671,871
$555,707
-17%
Total Liabilities
$40,275,024
$44,113,274
+10%
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
+$106,258,922
+$120,427,807
+13%