NATIONAL ACADEMY OF CONSTRUCTION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,299,180
Investments
40%
Other Assets
37%
Cash & Equivalents
12%
Receivables (Non-Related)
10%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$21,707
Deferred Revenue
57%
Payables & Accruals
43%
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
$235,666
$161,207
-32%
Receivables (Non-Related)
$22,750
$124,500
+447%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$15,115
$15,617
+3%
Investments
$890,278
$522,054
-41%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
$475,802
-
Total Assets
$1,163,809
$1,299,180
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$9,253
$9,442
+2%
Grants Payable
-
-
-
Deferred Revenue
$6,250
$12,265
+96%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$15,503
$21,707
+40%
Net assets
2023
2024
Change
Restricted Net Assets
$496,316
$661,486
+33%
Unrestricted Net Assets
$651,990
$615,987
-6%
Net assets
2023
2024
Change
Net assets
+$1,148,306
+$1,277,473
+11%
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