LENAWEE CHRISTIAN SCHOOL
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$4,940,725
Investments
47%
Receivables (Non-Related)
36%
Cash & Equivalents
12%
Inventories
3%
Prepaid Expenses
1%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$737,714
Payables & Accruals
69%
Deferred Revenue
31%
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
$554,903
$607,542
+9%
Receivables (Non-Related)
$2,436,148
$1,782,365
-27%
Related-Party Receivables
-
-
-
Inventories
$24,834
$129,513
+422%
Prepaid Expenses
$21,773
$60,371
+177%
Investments
$2,171,061
$2,326,803
+7%
Property, Plant, & Equipment (net)
$30,260
$22,455
-26%
Other Assets
$27,897
$11,676
-58%
Total Assets
$5,266,876
$4,940,725
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$608,283
$506,124
-17%
Grants Payable
-
-
-
Deferred Revenue
$324,267
$231,590
-29%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$932,550
$737,714
-21%
Net assets
2023
2024
Change
Restricted Net Assets
$4,933,349
$2,635,593
-47%
Unrestricted Net Assets
-$599,023
$1,567,418
-362%
Net assets
2023
2024
Change
Net assets
+$4,334,326
+$4,203,011
-3%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)