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NEW SCHOOLS FOR ALABAMA

NEW SCHOOLS FOR ALABAMA

Birmingham, AL, US
501(c)(3)
EIN
46-3827127
Professional Societies & Associations
Regional Funder
funder logo

NEW SCHOOLS FOR ALABAMA

Birmingham, AL, US
501(c)(3)
EIN
46-3827127
Professional Societies & Associations
Regional Funder

Balance Sheet

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

$8,162,820

Cash & Equivalents
67%
Receivables (Non-Related)
31%
Other Assets
1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$2,667,845

Grants Payable
91%
Other Liabilities
6%
Payables & Accruals
3%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,706,837
$5,478,607
+48%
Receivables (Non-Related)
$1,647,569
$2,560,690
+55%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$36,016
$16,996
-53%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,166
$1,679
-47%
Other Assets
$10,418
$104,848
+906%
Total Assets
$5,404,006
$8,162,820
+51%
Liabilities
2023
2024
Change
Payables & Accruals
$95,112
$76,056
-20%
Grants Payable
$1,427,167
$2,438,408
+71%
Deferred Revenue
$7,500
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$40,221
$153,381
+281%
Total Liabilities
$1,570,000
$2,667,845
+70%
Net assets
2023
2024
Change
Restricted Net Assets
$249,963
$521,828
+109%
Unrestricted Net Assets
$3,584,043
$4,973,147
+39%
Net assets
2023
2024
Change
Net assets
+$3,834,006
+$5,494,975
+43%
Balance Sheet
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