Balance Sheet

Fiscal Year: 2025
Jan 1, 2025 – Dec 31, 2025
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Assets in 2025 (Year End)
$20,433,532
Property, Plant, & Equipment (net)
78%
Receivables (Non-Related)
11%
Other Assets
8%
Cash & Equivalents
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$12,843,401
Tax-Exempt Bond Liabilities
40%
Notes Payable / Debt (Non-Related)
27%
Payables & Accruals
21%
Other Liabilities
11%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,954,003
$666,187
-66%
Receivables (Non-Related)
$2,106,213
$2,193,877
+4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$30,814
$42,826
+39%
Investments
-
-
-
Property, Plant, & Equipment (net)
$15,710,963
$15,852,356
+1%
Other Assets
$2,491,322
$1,678,286
-33%
Total Assets
$22,293,315
$20,433,532
-8%
Liabilities
2024
2025
Change
Payables & Accruals
$3,129,731
$2,753,815
-12%
Grants Payable
-
-
-
Deferred Revenue
$299,177
$59,262
-80%
Tax-Exempt Bond Liabilities
$5,361,819
$5,143,428
-4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,535,892
$3,472,342
-2%
Related-Party Payables
-
-
-
Other Liabilities
$1,611,820
$1,414,554
-12%
Total Liabilities
$13,938,439
$12,843,401
-8%
Net assets
2024
2025
Change
Restricted Net Assets
$875,049
$522,894
-40%
Unrestricted Net Assets
$7,479,827
$7,067,237
-6%
Net assets
2024
2025
Change
Net assets
+$8,354,876
+$7,590,131
-9%