Balance Sheet

Fiscal Year Start:
Apr 1
Assets in 2025 (Year End)
$61,394,254
Cash & Equivalents
42%
Property, Plant, & Equipment (net)
33%
Receivables (Non-Related)
19%
Other Assets
6%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$38,469,254
Deferred Revenue
65%
Payables & Accruals
17%
Notes Payable / Debt (Non-Related)
10%
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
$14,742,006
$25,543,444
+73%
Receivables (Non-Related)
$16,243,645
$11,628,546
-28%
Related-Party Receivables
$0
$0
-
Inventories
$69,429
$83,979
+21%
Prepaid Expenses
$289,204
$217,511
-25%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$18,699,765
$20,263,568
+8%
Other Assets
$2,928,545
$3,657,206
+25%
Total Assets
$52,972,594
$61,394,254
+16%
Liabilities
2024
2025
Change
Payables & Accruals
$7,158,463
$6,647,767
-7%
Grants Payable
-
-
-
Deferred Revenue
$19,440,334
$24,915,890
+28%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,444,043
$3,673,584
+7%
Related-Party Payables
-
-
-
Other Liabilities
$2,194,001
$3,232,013
+47%
Total Liabilities
$32,236,841
$38,469,254
+19%
Net assets
2024
2025
Change
Restricted Net Assets
$18,391
$34,668
+89%
Unrestricted Net Assets
$20,717,362
$22,890,332
+10%
Net assets
2024
2025
Change
Net assets
+$20,735,753
+$22,925,000
+11%