INSTITUTE FOR QUALITY EDUCATION INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$19,175,308
Cash & Equivalents
94%
Receivables (Non-Related)
3%
Other Assets
2%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$487,025
Other Liabilities
76%
Payables & Accruals
24%
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
$14,157,840
$18,108,227
+28%
Receivables (Non-Related)
$702,500
$631,000
-10%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,111
$3,208
+3%
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,346
$51,667
+1089%
Other Assets
$72,664
$381,206
+425%
Total Assets
$14,940,461
$19,175,308
+28%
Liabilities
2023
2024
Change
Payables & Accruals
$295,086
$114,893
-61%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$63,589
$372,132
+485%
Total Liabilities
$358,675
$487,025
+36%
Net assets
2023
2024
Change
Restricted Net Assets
$10,175,133
$14,560,260
+43%
Unrestricted Net Assets
$4,406,653
$4,128,023
-6%
Net assets
2023
2024
Change
Net assets
+$14,581,786
+$18,688,283
+28%
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