NATIONAL ACADEMY OF DESIGN
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$92,469,257
Investments
94%
Other Assets
4%
Cash & Equivalents
1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$4,062,393
Other Liabilities
97%
Payables & Accruals
3%
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
$1,192,246
$1,031,693
-13%
Receivables (Non-Related)
$91,908
$6,500
-93%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$118,076
$89,819
-24%
Investments
$79,698,976
$87,135,047
+9%
Property, Plant, & Equipment (net)
$437,626
$406,798
-7%
Other Assets
$4,190,869
$3,799,400
-9%
Total Assets
$85,729,701
$92,469,257
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$171,880
$105,723
-38%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$4,298,382
$3,956,670
-8%
Total Liabilities
$4,470,262
$4,062,393
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$15,371,189
$17,571,237
+14%
Unrestricted Net Assets
$65,888,250
$70,835,627
+8%
Net assets
2023
2024
Change
Net assets
+$81,259,439
+$88,406,864
+9%
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