HIAWATHA ACADEMIES
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$11,686,933
Other Assets
48%
Receivables (Non-Related)
39%
Property, Plant, & Equipment (net)
8%
Cash & Equivalents
3%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$20,863,627
Other Liabilities
88%
Payables & Accruals
12%
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
$1,603,349
$300,664
-81%
Receivables (Non-Related)
$4,604,742
$4,593,447
0%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,208
$204,662
+6280%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,252,714
$968,677
-23%
Other Assets
$7,011,281
$5,619,483
-20%
Total Assets
$14,475,294
$11,686,933
-19%
Liabilities
2023
2024
Change
Payables & Accruals
$1,983,890
$2,404,204
+21%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$20,833,462
$18,459,423
-11%
Total Liabilities
$22,817,352
$20,863,627
-9%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
-$8,342,058
-$9,176,694
-10%
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