GROVES ACADEMY
Balance Sheet
Fiscal Year Start:
Sep 1
Assets in 2024 (Year End)
$42,190,383
Property, Plant, & Equipment (net)
45%
Cash & Equivalents
25%
Investments
19%
Receivables (Non-Related)
9%
Prepaid Expenses
2%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$12,938,029
Tax-Exempt Bond Liabilities
51%
Deferred Revenue
26%
Payables & Accruals
22%
Other Liabilities
1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$11,218,326
$10,632,329
-5%
Receivables (Non-Related)
$6,835,071
$3,951,178
-42%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$559,633
$808,643
+44%
Investments
$6,905,057
$7,870,504
+14%
Property, Plant, & Equipment (net)
$12,412,305
$18,901,561
+52%
Other Assets
$162,650
$26,168
-84%
Total Assets
$38,093,042
$42,190,383
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$1,671,175
$2,815,370
+68%
Grants Payable
-
-
-
Deferred Revenue
$3,787,175
$3,417,030
-10%
Tax-Exempt Bond Liabilities
$4,231,424
$6,564,929
+55%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$565,494
$140,700
-75%
Total Liabilities
$10,255,268
$12,938,029
+26%
Net assets
2023
2024
Change
Restricted Net Assets
$11,919,349
$13,627,851
+14%
Unrestricted Net Assets
$15,918,425
$15,624,503
-2%
Net assets
2023
2024
Change
Net assets
+$27,837,774
+$29,252,354
+5%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)