Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$22,647,005
Cash & Equivalents
51%
Property, Plant, & Equipment (net)
38%
Receivables (Non-Related)
9%
Other Assets
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$12,852,803
Deferred Revenue
66%
Notes Payable / Debt (Non-Related)
26%
Payables & Accruals
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$11,399,545
$11,506,454
+1%
Receivables (Non-Related)
$2,007,410
$1,956,638
-3%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$376,602
$190,489
-49%
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,459,813
$8,541,904
+1%
Other Assets
$309,682
$451,520
+46%
Total Assets
$22,553,052
$22,647,005
+0%
Liabilities
2024
2025
Change
Payables & Accruals
$778,992
$1,065,062
+37%
Grants Payable
-
-
-
Deferred Revenue
$9,634,234
$8,436,860
-12%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,551,009
$3,350,881
-6%
Related-Party Payables
-
-
-
Other Liabilities
$0
$0
-
Total Liabilities
$13,964,235
$12,852,803
-8%
Net assets
2024
2025
Change
Restricted Net Assets
$0
$0
-
Unrestricted Net Assets
$8,588,817
$9,794,202
+14%
Net assets
2024
2025
Change
Net assets
+$8,588,817
+$9,794,202
+14%