MEMPHIS BUSINESS ACADEMY INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$41,343,323
Other Assets
44%
Property, Plant, & Equipment (net)
34%
Cash & Equivalents
19%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$16,294,234
Notes Payable / Debt (Non-Related)
84%
Other Liabilities
14%
Payables & Accruals
3%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$6,809,712
$7,657,351
+12%
Receivables (Non-Related)
$2,607,203
$1,147,251
-56%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$40,000
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$14,496,945
$14,241,240
-2%
Other Assets
$16,399,602
$18,257,481
+11%
Total Assets
$40,313,462
$41,343,323
+3%
Liabilities
2024
2025
Change
Payables & Accruals
$563,445
$423,814
-25%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$13,330,509
$13,619,714
+2%
Related-Party Payables
-
-
-
Other Liabilities
$1,949,370
$2,250,706
+15%
Total Liabilities
$15,843,324
$16,294,234
+3%
Net assets
2024
2025
Change
Restricted Net Assets
$4,687,659
$6,326,896
+35%
Unrestricted Net Assets
$19,782,479
$18,722,193
-5%
Net assets
2024
2025
Change
Net assets
+$24,470,138
+$25,049,089
+2%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)