STRADA EDUCATION NETWORK INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,837,044,236
Investments
94%
Cash & Equivalents
3%
Other Assets
2%
Receivables (Non-Related)
1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$76,901,907
Payables & Accruals
36%
Other Liabilities
30%
Grants Payable
27%
Deferred Revenue
6%
Notes Payable / Debt (Non-Related)
<1%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$45,455,840
$46,268,263
+2%
Receivables (Non-Related)
$3,215,361
$24,036,021
+648%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$483,376
$2,081,248
+331%
Investments
$2,034,692,858
$1,727,764,298
-15%
Property, Plant, & Equipment (net)
$2,321,606
$6,129,530
+164%
Other Assets
$12,334,877
$30,764,876
+149%
Total Assets
$2,098,503,918
$1,837,044,236
-12%
Liabilities
2023
2024
Change
Payables & Accruals
$23,343,848
$27,754,571
+19%
Grants Payable
$20,302,337
$21,136,136
+4%
Deferred Revenue
$16,000
$4,724,351
+29427%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$222,444
-
Related-Party Payables
-
-
-
Other Liabilities
$12,475,873
$23,064,405
+85%
Total Liabilities
$56,138,058
$76,901,907
+37%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,042,365,860
$1,760,142,329
-14%
Net assets
2023
2024
Change
Net assets
+$2,042,365,860
+$1,760,142,329
-14%
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