KING SCHOOL INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$124,220,823
Investments
42%
Property, Plant, & Equipment (net)
28%
Receivables (Non-Related)
22%
Cash & Equivalents
6%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$41,505,434
Deferred Revenue
77%
Tax-Exempt Bond Liabilities
12%
Payables & Accruals
10%
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
$13,153,026
$7,984,187
-39%
Receivables (Non-Related)
$24,238,051
$27,844,488
+15%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$593,708
$561,316
-5%
Investments
$42,411,954
$52,369,794
+23%
Property, Plant, & Equipment (net)
$33,129,599
$34,188,287
+3%
Other Assets
$1,579,637
$1,272,751
-19%
Total Assets
$115,105,975
$124,220,823
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$3,948,780
$4,228,042
+7%
Grants Payable
-
-
-
Deferred Revenue
$31,175,820
$32,110,184
+3%
Tax-Exempt Bond Liabilities
$5,456,994
$5,167,208
-5%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$40,581,594
$41,505,434
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$8,101,188
$9,862,273
+22%
Unrestricted Net Assets
$66,423,193
$72,853,116
+10%
Net assets
2023
2024
Change
Net assets
+$74,524,381
+$82,715,389
+11%
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