Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$5,403,494
Cash & Equivalents
80%
Receivables (Non-Related)
15%
Property, Plant, & Equipment (net)
5%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2025 (Year End)
$471,899
Notes Payable / Debt (Non-Related)
61%
Deferred Revenue
36%
Payables & Accruals
2%
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
$4,829,869
$4,299,915
-11%
Receivables (Non-Related)
$499,524
$829,581
+66%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,681
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$845,900
$257,190
-70%
Other Assets
$16,808
$16,808
+0%
Total Assets
$6,194,782
$5,403,494
-13%
Liabilities
2024
2025
Change
Payables & Accruals
$10,615
$11,792
+11%
Grants Payable
-
-
-
Deferred Revenue
$8,030
$170,382
+2022%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$140,972
$289,725
+106%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$159,617
$471,899
+196%
Net assets
2024
2025
Change
Restricted Net Assets
$3,594,113
$2,869,172
-20%
Unrestricted Net Assets
$2,441,052
$2,062,423
-16%
Net assets
2024
2025
Change
Net assets
+$6,035,165
+$4,931,595
-18%