OHIO VIRTUAL ACADEMY
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$22,955,487
Cash & Equivalents
61%
Receivables (Non-Related)
34%
Other Assets
2%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$66,885,875
Other Liabilities
76%
Payables & Accruals
23%
Deferred Revenue
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
$7,557,234
$13,951,833
+85%
Receivables (Non-Related)
$6,136,373
$7,915,468
+29%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$194,829
$366,038
+88%
Investments
-
-
-
Property, Plant, & Equipment (net)
$29,425
$286,684
+874%
Other Assets
$596,898
$435,464
-27%
Total Assets
$14,514,759
$22,955,487
+58%
Liabilities
2023
2024
Change
Payables & Accruals
$13,526,065
$15,441,720
+14%
Grants Payable
-
-
-
Deferred Revenue
$264,290
$698,690
+164%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$46,896,859
$50,745,465
+8%
Total Liabilities
$60,687,214
$66,885,875
+10%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$46,172,455
-$43,930,388
+5%
Net assets
2023
2024
Change
Net assets
-$46,172,455
-$43,930,388
+5%
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