UNITY CHRISTIAN HIGH SCHOOL ASSOCIATION

UNITY CHRISTIAN HIGH SCHOOL ASSOCIATION

Hudsonville, MI, US
501(c)(3)
EIN
38-1443397
School
Regional Funder

UNITY CHRISTIAN HIGH SCHOOL ASSOCIATION

Hudsonville, MI, US
501(c)(3)
EIN
38-1443397
School
Regional Funder

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)

$58,783,515

Property, Plant, & Equipment (net)
71%
Receivables (Non-Related)
16%
Cash & Equivalents
11%
Investments
2%
Inventories
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)

$5,335,979

Notes Payable / Debt (Non-Related)
73%
Payables & Accruals
15%
Deferred Revenue
12%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$3,929,287
$6,198,781
+58%
Receivables (Non-Related)
$11,760,475
$9,174,940
-22%
Related-Party Receivables
-
-
-
Inventories
$72,969
$72,969
+0%
Prepaid Expenses
$7,315
$8,841
+21%
Investments
$3,474,630
$1,436,406
-59%
Property, Plant, & Equipment (net)
$29,150,962
$41,874,559
+44%
Other Assets
-
$17,019
-
Total Assets
$48,395,638
$58,783,515
+21%
Liabilities
2024
2025
Change
Payables & Accruals
$715,792
$817,464
+14%
Grants Payable
-
-
-
Deferred Revenue
$720,455
$628,596
-13%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$585,000
$3,889,919
+565%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,021,247
$5,335,979
+164%
Net assets
2024
2025
Change
Restricted Net Assets
$20,575,312
$14,234,819
-31%
Unrestricted Net Assets
$25,799,079
$39,212,717
+52%
Net assets
2024
2025
Change
Net assets
+$46,374,391
+$53,447,536
+15%
Balance Sheet
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