PARENT INSTITUTE FOR QUALITY EDUCATION INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$10,257,973
Cash & Equivalents
70%
Receivables (Non-Related)
21%
Other Assets
7%
Investments
1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$2,495,523
Payables & Accruals
81%
Other Liabilities
19%
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
$6,707,052
$7,147,613
+7%
Receivables (Non-Related)
$1,805,131
$2,113,305
+17%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$128,114
$92,051
-28%
Investments
$132,849
$144,735
+9%
Property, Plant, & Equipment (net)
$24,799
$87,029
+251%
Other Assets
$347,947
$673,240
+93%
Total Assets
$9,145,892
$10,257,973
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$1,081,395
$2,027,530
+87%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$109,084
$467,993
+329%
Total Liabilities
$1,190,479
$2,495,523
+110%
Net assets
2023
2024
Change
Restricted Net Assets
$1,276,824
$592,324
-54%
Unrestricted Net Assets
$6,678,589
$7,170,126
+7%
Net assets
2023
2024
Change
Net assets
+$7,955,413
+$7,762,450
-2%
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