SUMMIT SCHOOL INC
Balance Sheet
Fiscal Year Start:
Sep 1
Assets in 2024 (Year End)
$5,172,315
Investments
61%
Property, Plant, & Equipment (net)
29%
Receivables (Non-Related)
8%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$169,013
Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$106,732
$90,027
-16%
Receivables (Non-Related)
$282,644
$389,494
+38%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$7,879
$20,552
+161%
Investments
$2,973,665
$3,147,561
+6%
Property, Plant, & Equipment (net)
$1,575,738
$1,524,681
-3%
Other Assets
-
-
-
Total Assets
$4,946,658
$5,172,315
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$103,344
$169,013
+64%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$103,344
$169,013
+64%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$4,843,314
$5,003,302
+3%
Net assets
2023
2024
Change
Net assets
+$4,843,314
+$5,003,302
+3%
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