Peace Preparatory Academy Inc
Balance Sheet
Fiscal Year Start:
Aug 1
Assets in 2024 (Year End)
$2,592,773
Property, Plant, & Equipment (net)
83%
Cash & Equivalents
12%
Receivables (Non-Related)
4%
Inventories
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$379,830
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
$557,609
$317,855
-43%
Receivables (Non-Related)
$201,211
$105,411
-48%
Related-Party Receivables
$0
$0
-
Inventories
$4,903
$4,903
+0%
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$1,959,929
$2,164,604
+10%
Other Assets
$0
$0
-
Total Assets
$2,723,652
$2,592,773
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$230,061
$379,830
+65%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$230,061
$379,830
+65%
Net assets
2023
2024
Change
Restricted Net Assets
$1,611,040
$1,641,581
+2%
Unrestricted Net Assets
$882,551
$571,362
-35%
Net assets
2023
2024
Change
Net assets
+$2,493,591
+$2,212,943
-11%
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