Balance Sheet

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Assets in 2025 (Year End)
$12,239,743
Property, Plant, & Equipment (net)
71%
Cash & Equivalents
25%
Receivables (Non-Related)
3%
Investments
1%
Prepaid Expenses
<1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$4,110,994
Notes Payable / Debt (Non-Related)
58%
Payables & Accruals
19%
Deferred Revenue
19%
Other Liabilities
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$3,320,081
$3,049,315
-8%
Receivables (Non-Related)
$246,435
$316,210
+28%
Related-Party Receivables
-
-
-
Inventories
$36,101
$41,368
+15%
Prepaid Expenses
$61,120
$47,753
-22%
Investments
$131,043
$131,043
+0%
Property, Plant, & Equipment (net)
$9,192,407
$8,651,910
-6%
Other Assets
$1,616
$2,144
+33%
Total Assets
$12,988,803
$12,239,743
-6%
Liabilities
2024
2025
Change
Payables & Accruals
$631,753
$786,671
+25%
Grants Payable
-
-
-
Deferred Revenue
$786,915
$781,549
-1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,481,989
$2,365,248
-5%
Related-Party Payables
-
-
-
Other Liabilities
$165,526
$177,526
+7%
Total Liabilities
$4,066,183
$4,110,994
+1%
Net assets
2024
2025
Change
Restricted Net Assets
$0
$143,290
-
Unrestricted Net Assets
$8,922,620
$7,985,459
-11%
Net assets
2024
2025
Change
Net assets
+$8,922,620
+$8,128,749
-9%