IYRS SCHOOL OF TECHNOLOGY & TRADES SCHOOL INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$21,806,897
Property, Plant, & Equipment (net)
51%
Investments
28%
Other Assets
10%
Cash & Equivalents
8%
Prepaid Expenses
2%
Receivables (Non-Related)
1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$1,435,183
Deferred Revenue
67%
Payables & Accruals
32%
Other Liabilities
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,396,474
$1,705,600
+22%
Receivables (Non-Related)
$1,804,000
$231,244
-87%
Related-Party Receivables
-
-
-
Inventories
$68,281
$61,650
-10%
Prepaid Expenses
$392,444
$445,364
+13%
Investments
$7,508,137
$6,140,457
-18%
Property, Plant, & Equipment (net)
$11,208,634
$11,121,679
-1%
Other Assets
$789,701
$2,100,903
+166%
Total Assets
$23,167,671
$21,806,897
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$301,145
$457,605
+52%
Grants Payable
-
-
-
Deferred Revenue
$1,161,256
$963,099
-17%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,369,000
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$22,307
$14,479
-35%
Total Liabilities
$2,853,708
$1,435,183
-50%
Net assets
2023
2024
Change
Restricted Net Assets
$1,656,125
$1,468,112
-11%
Unrestricted Net Assets
$18,657,838
$18,903,602
+1%
Net assets
2023
2024
Change
Net assets
+$20,313,963
+$20,371,714
+0%
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