BERWICK ACADEMY
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$61,131,453
Investments
62%
Property, Plant, & Equipment (net)
29%
Cash & Equivalents
4%
Receivables (Non-Related)
3%
Other Assets
1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
<1%
Liabilities in 2025 (Year End)
$13,297,558
Tax-Exempt Bond Liabilities
61%
Deferred Revenue
22%
Payables & Accruals
15%
Other Liabilities
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,696,978
$2,554,385
-5%
Receivables (Non-Related)
$1,933,520
$1,683,235
-13%
Related-Party Receivables
$64,144
$33,133
-48%
Inventories
$42,130
$76,768
+82%
Prepaid Expenses
$196,061
$396,431
+102%
Investments
$34,606,126
$37,685,633
+9%
Property, Plant, & Equipment (net)
$18,198,623
$17,844,180
-2%
Other Assets
$887,642
$857,688
-3%
Total Assets
$58,625,224
$61,131,453
+4%
Liabilities
2024
2025
Change
Payables & Accruals
$1,484,044
$1,967,591
+33%
Grants Payable
-
-
-
Deferred Revenue
$2,170,733
$2,893,208
+33%
Tax-Exempt Bond Liabilities
$8,394,212
$8,126,075
-3%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$131,581
$310,684
+136%
Total Liabilities
$12,180,570
$13,297,558
+9%
Net assets
2024
2025
Change
Restricted Net Assets
$21,089,434
$23,084,805
+9%
Unrestricted Net Assets
$25,355,220
$24,749,090
-2%
Net assets
2024
2025
Change
Net assets
+$46,444,654
+$47,833,895
+3%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)