Metro Atlantic Athletic Conference Inc
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$14,613,304
Cash & Equivalents
86%
Receivables (Non-Related)
10%
Other Assets
3%
Investments
1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,741,324
Payables & Accruals
54%
Deferred Revenue
46%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,538,007
$12,511,605
+47%
Receivables (Non-Related)
$798,455
$1,445,286
+81%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$47,445
$21,778
-54%
Investments
$133,938
$153,762
+15%
Property, Plant, & Equipment (net)
$1,458
$729
-50%
Other Assets
$751,807
$480,144
-36%
Total Assets
$10,271,110
$14,613,304
+42%
Liabilities
2023
2024
Change
Payables & Accruals
$668,447
$941,324
+41%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$800,000
-
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
$250,305
$0
-100%
Total Liabilities
$918,752
$1,741,324
+90%
Net assets
2023
2024
Change
Restricted Net Assets
$6,687,675
$9,417,971
+41%
Unrestricted Net Assets
$2,664,683
$3,454,009
+30%
Net assets
2023
2024
Change
Net assets
+$9,352,358
+$12,871,980
+38%
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