BOSTON ARCHITECTURAL COLLEGE
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$37,971,480
Property, Plant, & Equipment (net)
42%
Investments
29%
Receivables (Non-Related)
24%
Cash & Equivalents
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$21,573,941
Tax-Exempt Bond Liabilities
49%
Deferred Revenue
47%
Payables & Accruals
3%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$892,816
$1,484,920
+66%
Receivables (Non-Related)
$9,710,672
$9,257,102
-5%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$127,868
$239,835
+88%
Investments
$10,059,187
$11,079,499
+10%
Property, Plant, & Equipment (net)
$17,020,343
$15,910,124
-7%
Other Assets
-
-
-
Total Assets
$37,810,886
$37,971,480
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$1,408,099
$712,631
-49%
Grants Payable
-
-
-
Deferred Revenue
$8,638,858
$10,185,699
+18%
Tax-Exempt Bond Liabilities
$11,228,402
$10,675,611
-5%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$21,275,359
$21,573,941
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$9,788,073
$9,703,958
-1%
Unrestricted Net Assets
$6,747,454
$6,693,581
-1%
Net assets
2023
2024
Change
Net assets
+$16,535,527
+$16,397,539
-1%
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