The Bridge Academy Inc
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$3,188,949
Property, Plant, & Equipment (net)
86%
Receivables (Non-Related)
10%
Cash & Equivalents
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,413,115
Other Liabilities
75%
Payables & Accruals
25%
Grants Payable
0%
Deferred Revenue
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
$65,107
$111,280
+71%
Receivables (Non-Related)
$113,524
$318,000
+180%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$67,517
$26,478
-61%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,864,107
$2,733,191
-5%
Other Assets
-
-
-
Total Assets
$3,110,255
$3,188,949
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$360,739
$346,556
-4%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,164,611
$1,066,559
-8%
Total Liabilities
$1,525,350
$1,413,115
-7%
Net assets
2023
2024
Change
Restricted Net Assets
$52,610
$100,000
+90%
Unrestricted Net Assets
$1,532,295
$1,675,834
+9%
Net assets
2023
2024
Change
Net assets
+$1,584,905
+$1,775,834
+12%
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