Balance Sheet

Fiscal Year: 2025
May 1, 2024 – Apr 30, 2025
Assets in 2025 (Year End)
$21,832,207
Property, Plant, & Equipment (net)
50%
Cash & Equivalents
20%
Receivables (Non-Related)
14%
Investments
9%
Other Assets
5%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$14,121,233
Other Liabilities
36%
Payables & Accruals
33%
Notes Payable / Debt (Non-Related)
29%
Deferred Revenue
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,286,174
$4,452,294
+95%
Receivables (Non-Related)
$815,352
$3,144,848
+286%
Related-Party Receivables
$0
$0
-
Inventories
$8,656
$8,615
0%
Prepaid Expenses
$180,119
$201,328
+12%
Investments
$543,091
$1,991,893
+267%
Property, Plant, & Equipment (net)
$18,368,549
$10,950,398
-40%
Other Assets
$310,349
$1,082,831
+249%
Total Assets
$22,512,290
$21,832,207
-3%
Liabilities
2024
2025
Change
Payables & Accruals
$1,528,654
$4,608,855
+201%
Grants Payable
$0
$0
-
Deferred Revenue
$374,141
$422,454
+13%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$10,525,595
$4,054,707
-61%
Related-Party Payables
$0
$0
-
Other Liabilities
$4,514,662
$5,035,217
+12%
Total Liabilities
$16,943,052
$14,121,233
-17%
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
+$5,569,238
+$7,710,974
+38%