LARC SCHOOL INC D/B/A THE LARC NORCROSS SCHOOL

LARC SCHOOL INC D/B/A THE LARC NORCROSS SCHOOL

Bellmawr, NJ, US
501(c)3
EIN
22-1978787
School

LARC SCHOOL INC D/B/A THE LARC NORCROSS SCHOOL

Bellmawr, NJ, US
501(c)3
EIN
22-1978787
School

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)

$14,237,770

Investments
70%
Property, Plant, & Equipment (net)
12%
Cash & Equivalents
11%
Receivables (Non-Related)
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2025 (Year End)

$885,984

Notes Payable / Debt (Non-Related)
57%
Other Liabilities
19%
Payables & Accruals
18%
Deferred Revenue
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$879,939
$1,634,469
+86%
Receivables (Non-Related)
$1,278,058
$892,317
-30%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$43,056
$34,154
-21%
Investments
$11,081,100
$9,964,947
-10%
Property, Plant, & Equipment (net)
$709,841
$1,711,883
+141%
Other Assets
-
-
-
Total Assets
$13,991,994
$14,237,770
+2%
Liabilities
2024
2025
Change
Payables & Accruals
$126,787
$158,495
+25%
Grants Payable
-
-
-
Deferred Revenue
$30,928
$47,129
+52%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$723,202
$508,271
-30%
Related-Party Payables
-
-
-
Other Liabilities
$179,482
$172,089
-4%
Total Liabilities
$1,060,399
$885,984
-16%
Net assets
2024
2025
Change
Restricted Net Assets
$208,248
$217,062
+4%
Unrestricted Net Assets
$12,723,347
$13,134,724
+3%
Net assets
2024
2025
Change
Net assets
+$12,931,595
+$13,351,786
+3%
Balance Sheet
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