MAGNOLIA MONTESSORI ACADEMY INC

MAGNOLIA MONTESSORI ACADEMY INC

LAKELAND, FL, US
501(c)(3)
EIN
46-0872502
School

MAGNOLIA MONTESSORI ACADEMY INC

LAKELAND, FL, US
501(c)(3)
EIN
46-0872502
School

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$2,912,171

Property, Plant, & Equipment (net)
82%
Cash & Equivalents
17%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$2,068,761

Notes Payable / Debt (Non-Related)
89%
Other Liabilities
6%
Payables & Accruals
4%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$732,501
$482,489
-34%
Receivables (Non-Related)
$14,279
$14,406
+1%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$17,672
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
$2,397,604
-
Other Assets
-
-
-
Total Assets
$746,780
$2,912,171
+290%
Liabilities
2023
2024
Change
Payables & Accruals
$174,563
$90,068
-48%
Grants Payable
-
-
-
Deferred Revenue
$10,000
$18,125
+81%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$1,845,264
-
Related-Party Payables
-
-
-
Other Liabilities
-
$115,304
-
Total Liabilities
$184,563
$2,068,761
+1021%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$562,217
+$843,410
+50%
Balance Sheet
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