LEGAL PREP CHARTER ACADEMIES
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$6,904,898
Property, Plant, & Equipment (net)
85%
Cash & Equivalents
8%
Investments
5%
Receivables (Non-Related)
2%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$5,206,856
Notes Payable / Debt (Non-Related)
93%
Payables & Accruals
6%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$797,743
$526,028
-34%
Receivables (Non-Related)
$154,584
$117,029
-24%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,791
$4,321
+141%
Investments
-
$313,258
-
Property, Plant, & Equipment (net)
$5,983,053
$5,897,065
-1%
Other Assets
$1,000
$47,197
+4620%
Total Assets
$6,938,171
$6,904,898
0%
Liabilities
2023
2024
Change
Payables & Accruals
$225,673
$337,637
+50%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,017,545
$4,823,022
-4%
Related-Party Payables
-
-
-
Other Liabilities
-
$46,197
-
Total Liabilities
$5,243,218
$5,206,856
-1%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,694,953
$1,698,042
+0%
Net assets
2023
2024
Change
Net assets
+$1,694,953
+$1,698,042
+0%
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