Balance Sheet

Fiscal Year Start:
Apr 1
Assets in 2025 (Year End)
$537,489,295
Property, Plant, & Equipment (net)
45%
Investments
42%
Cash & Equivalents
8%
Receivables (Non-Related)
4%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$319,512,710
Deferred Revenue
71%
Notes Payable / Debt (Non-Related)
22%
Payables & Accruals
7%
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
$47,863,769
$42,451,220
-11%
Receivables (Non-Related)
$19,339,771
$21,055,353
+9%
Related-Party Receivables
$0
$0
-
Inventories
$2,072,025
$1,416,263
-32%
Prepaid Expenses
$0
$781,004
-
Investments
$208,816,528
$228,057,521
+9%
Property, Plant, & Equipment (net)
$246,971,278
$243,727,934
-1%
Other Assets
$0
$0
-
Total Assets
$525,063,371
$537,489,295
+2%
Liabilities
2024
2025
Change
Payables & Accruals
$31,000,168
$23,710,071
-24%
Grants Payable
$0
$0
-
Deferred Revenue
$225,672,820
$226,714,352
+0%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$75,362,647
$69,088,287
-8%
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$332,035,635
$319,512,710
-4%
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
+$193,027,736
+$217,976,587
+13%