MAKING WAVES ACADEMY
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$17,051,335
Cash & Equivalents
73%
Receivables (Non-Related)
23%
Prepaid Expenses
3%
Property, Plant, & Equipment (net)
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$7,295,034
Deferred Revenue
61%
Payables & Accruals
38%
Other Liabilities
1%
Grants Payable
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
$8,494,368
$12,408,801
+46%
Receivables (Non-Related)
$5,958,257
$3,841,290
-36%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$389,343
$455,153
+17%
Investments
-
-
-
Property, Plant, & Equipment (net)
$269,495
$251,294
-7%
Other Assets
$158,293
$94,797
-40%
Total Assets
$15,269,756
$17,051,335
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$3,122,625
$2,767,521
-11%
Grants Payable
-
-
-
Deferred Revenue
$3,868,015
$4,432,499
+15%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$158,374
$95,014
-40%
Total Liabilities
$7,149,014
$7,295,034
+2%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$8,120,742
$9,756,301
+20%
Net assets
2023
2024
Change
Net assets
+$8,120,742
+$9,756,301
+20%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)