Balance Sheet

Fiscal Year: 2025
Mar 1, 2024 – Feb 28, 2025
Assets in 2025 (Year End)
$74,314,831
Property, Plant, & Equipment (net)
57%
Investments
12%
Cash & Equivalents
12%
Other Assets
11%
Receivables (Non-Related)
4%
Inventories
2%
Prepaid Expenses
2%
Related-Party Receivables
<1%
Liabilities in 2025 (Year End)
$22,551,479
Other Liabilities
47%
Notes Payable / Debt (Non-Related)
33%
Payables & Accruals
20%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$11,525,002
$8,630,464
-25%
Receivables (Non-Related)
$3,018,935
$3,108,346
+3%
Related-Party Receivables
$35,714
$426,759
+1095%
Inventories
$1,688,469
$1,634,756
-3%
Prepaid Expenses
$1,074,238
$1,369,741
+28%
Investments
$7,271,488
$9,225,529
+27%
Property, Plant, & Equipment (net)
$41,507,140
$42,054,518
+1%
Other Assets
$8,085,934
$7,864,718
-3%
Total Assets
$74,206,920
$74,314,831
+0%
Liabilities
2024
2025
Change
Payables & Accruals
$5,595,813
$4,617,295
-17%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,428,465
$7,385,554
-1%
Related-Party Payables
-
-
-
Other Liabilities
$10,152,584
$10,548,630
+4%
Total Liabilities
$23,176,862
$22,551,479
-3%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$51,030,058
$51,763,352
+1%
Net assets
2024
2025
Change
Net assets
+$51,030,058
+$51,763,352
+1%