Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$78,519,082
Investments
43%
Property, Plant, & Equipment (net)
36%
Cash & Equivalents
18%
Prepaid Expenses
1%
Receivables (Non-Related)
1%
Related-Party Receivables
<1%
Inventories
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$10,927,167
Notes Payable / Debt (Non-Related)
70%
Payables & Accruals
20%
Deferred Revenue
9%
Other Liabilities
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$15,090,540
$13,981,427
-7%
Receivables (Non-Related)
$1,107,501
$802,416
-28%
Related-Party Receivables
$140,000
$104,166
-26%
Inventories
$0
$0
-
Prepaid Expenses
$1,048,221
$1,040,740
-1%
Investments
$31,939,567
$34,064,642
+7%
Property, Plant, & Equipment (net)
$27,921,846
$28,525,691
+2%
Other Assets
$0
$0
-
Total Assets
$77,247,675
$78,519,082
+2%
Liabilities
2024
2025
Change
Payables & Accruals
$2,748,015
$2,223,885
-19%
Grants Payable
-
-
-
Deferred Revenue
$783,668
$950,984
+21%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$8,736,486
$7,607,565
-13%
Related-Party Payables
-
-
-
Other Liabilities
$225,634
$144,733
-36%
Total Liabilities
$12,493,803
$10,927,167
-13%
Net assets
2024
2025
Change
Restricted Net Assets
$15,030,738
$15,407,835
+3%
Unrestricted Net Assets
$49,723,134
$52,184,080
+5%
Net assets
2024
2025
Change
Net assets
+$64,753,872
+$67,591,915
+4%