SOCIETY FOR PROTESTANT REFORMED SECONDARY EDUCATION

SOCIETY FOR PROTESTANT REFORMED SECONDARY EDUCATION

Grand Rapids, MI, US
501(c)3
EIN
38-1858512
School

SOCIETY FOR PROTESTANT REFORMED SECONDARY EDUCATION

Grand Rapids, MI, US
501(c)3
EIN
38-1858512
School

Balance Sheet

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

$25,423,987

Property, Plant, & Equipment (net)
92%
Cash & Equivalents
8%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2025 (Year End)

$111,989

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
2024
2025
Change
Cash & Equivalents
$2,861,287
$2,084,792
-27%
Receivables (Non-Related)
$8,768
$7,619
-13%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$20,000
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$13,685,410
$23,311,576
+70%
Other Assets
-
-
-
Total Assets
$16,555,465
$25,423,987
+54%
Liabilities
2024
2025
Change
Payables & Accruals
$72,269
$111,989
+55%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$72,269
$111,989
+55%
Net assets
2024
2025
Change
Restricted Net Assets
$2,473,420
$1,645,341
-33%
Unrestricted Net Assets
$14,009,776
$23,666,657
+69%
Net assets
2024
2025
Change
Net assets
+$16,483,196
+$25,311,998
+54%
Balance Sheet
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