Balance Sheet

Fiscal Year: 2025
Apr 1, 2024 – Mar 31, 2025
Assets in 2025 (Year End)
$106,490,755
Receivables (Non-Related)
66%
Cash & Equivalents
25%
Investments
8%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$93,988,345
Deferred Revenue
90%
Payables & Accruals
10%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$27,887,792
$26,801,408
-4%
Receivables (Non-Related)
$74,710,296
$70,022,309
-6%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$644,670
$902,620
+40%
Investments
$8,715,524
$8,739,773
+0%
Property, Plant, & Equipment (net)
$30,272
$24,645
-19%
Other Assets
-
-
-
Total Assets
$111,988,554
$106,490,755
-5%
Liabilities
2024
2025
Change
Payables & Accruals
$9,836,919
$9,095,034
-8%
Grants Payable
-
-
-
Deferred Revenue
$91,602,883
$84,893,311
-7%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$101,439,802
$93,988,345
-7%
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
+$10,548,752
+$12,502,410
+19%