Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$54,367,923
Property, Plant, & Equipment (net)
75%
Cash & Equivalents
15%
Receivables (Non-Related)
5%
Inventories
2%
Other Assets
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$12,549,195
Notes Payable / Debt (Non-Related)
35%
Other Liabilities
24%
Payables & Accruals
24%
Deferred Revenue
17%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$7,630,646
$8,208,365
+8%
Receivables (Non-Related)
$2,867,093
$2,942,144
+3%
Related-Party Receivables
-
-
-
Inventories
$1,170,049
$1,207,491
+3%
Prepaid Expenses
$229,292
$275,421
+20%
Investments
-
-
-
Property, Plant, & Equipment (net)
$41,771,968
$40,689,815
-3%
Other Assets
$1,150,093
$1,044,687
-9%
Total Assets
$54,819,141
$54,367,923
-1%
Liabilities
2024
2025
Change
Payables & Accruals
$2,961,488
$2,976,447
+1%
Grants Payable
-
-
-
Deferred Revenue
$2,121,459
$2,164,702
+2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,239,407
$4,334,554
-31%
Related-Party Payables
-
-
-
Other Liabilities
$3,181,199
$3,073,492
-3%
Total Liabilities
$14,503,553
$12,549,195
-13%
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
+$40,315,588
+$41,818,728
+4%