Freedom Education Project Puget Sound
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$813,223
Cash & Equivalents
>99%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$17,422
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
2023
2024
Change
Cash & Equivalents
$942,994
$805,499
-15%
Receivables (Non-Related)
$15,640
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,765
$4,252
+13%
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,701
$3,472
-26%
Other Assets
-
-
-
Total Assets
$967,100
$813,223
-16%
Liabilities
2023
2024
Change
Payables & Accruals
$14,436
$17,422
+21%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$14,436
$17,422
+21%
Net assets
2023
2024
Change
Restricted Net Assets
$238,550
$0
-100%
Unrestricted Net Assets
$714,114
$795,801
+11%
Net assets
2023
2024
Change
Net assets
+$952,664
+$795,801
-16%
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