SPONSORS FOR EDUCATIONAL OPPORTUNITY INC
Balance Sheet
Fiscal Year Start:
Sep 1
Assets in 2024 (Year End)
$112,908,312
Receivables (Non-Related)
34%
Investments
32%
Cash & Equivalents
20%
Property, Plant, & Equipment (net)
11%
Other Assets
2%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$8,356,340
Other Liabilities
39%
Payables & Accruals
38%
Grants Payable
24%
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
$21,858,998
$23,091,591
+6%
Receivables (Non-Related)
$13,815,314
$38,180,838
+176%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$860,662
$1,249,538
+45%
Investments
$29,489,645
$35,664,668
+21%
Property, Plant, & Equipment (net)
$6,322,237
$12,382,580
+96%
Other Assets
$3,724,069
$2,339,097
-37%
Total Assets
$76,070,925
$112,908,312
+48%
Liabilities
2023
2024
Change
Payables & Accruals
$2,596,052
$3,143,309
+21%
Grants Payable
$0
$1,984,144
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$4,002,682
$3,228,887
-19%
Total Liabilities
$6,598,734
$8,356,340
+27%
Net assets
2023
2024
Change
Restricted Net Assets
$17,119,643
$40,848,589
+139%
Unrestricted Net Assets
$52,352,548
$63,703,383
+22%
Net assets
2023
2024
Change
Net assets
+$69,472,191
+$104,551,972
+50%
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