LIFT FOR LIFE ACADEMY INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$23,374,172
Property, Plant, & Equipment (net)
84%
Cash & Equivalents
16%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,672,021
Notes Payable / Debt (Non-Related)
>99%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,521,068
$3,806,597
+8%
Receivables (Non-Related)
-
$0
-
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
-
$0
-
Investments
-
$0
-
Property, Plant, & Equipment (net)
$18,518,434
$19,565,974
+6%
Other Assets
-
$1,601
-
Total Assets
$22,039,502
$23,374,172
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$19,742
$20,758
+5%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,424,718
$6,651,263
+4%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$6,444,460
$6,672,021
+4%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$15,595,042
$16,702,151
+7%
Net assets
2023
2024
Change
Net assets
+$15,595,042
+$16,702,151
+7%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)