LAKELAND CHRISTIAN ACADEMY ASSOCIATION INC

LAKELAND CHRISTIAN ACADEMY ASSOCIATION INC

Winona Lake, IN, US
501(c)3
EIN
35-1327583
School

LAKELAND CHRISTIAN ACADEMY ASSOCIATION INC

Winona Lake, IN, US
501(c)3
EIN
35-1327583
School

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$4,148,772

Property, Plant, & Equipment (net)
45%
Cash & Equivalents
33%
Other Assets
21%
Prepaid Expenses
<1%
Inventories
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)

$542,787

Deferred Revenue
67%
Payables & Accruals
33%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$863,315
$1,368,178
+58%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
$3,000
$3,000
+0%
Prepaid Expenses
$10,688
$18,535
+73%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,029,752
$1,874,176
-8%
Other Assets
$557,373
$884,883
+59%
Total Assets
$3,464,128
$4,148,772
+20%
Liabilities
2023
2024
Change
Payables & Accruals
$109,385
$180,673
+65%
Grants Payable
-
-
-
Deferred Revenue
$128,145
$362,114
+183%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$237,530
$542,787
+129%
Net assets
2023
2024
Change
Restricted Net Assets
$186,421
$186,421
+0%
Unrestricted Net Assets
$3,040,177
$3,419,564
+12%
Net assets
2023
2024
Change
Net assets
+$3,226,598
+$3,605,985
+12%
Balance Sheet
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