ACCELERATE GREAT SCHOOLS
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$22,137,329
Cash & Equivalents
79%
Receivables (Non-Related)
21%
Other Assets
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$52,063
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
$16,225,979
$17,496,731
+8%
Receivables (Non-Related)
$15,595,101
$4,613,938
-70%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$20,406
$12,986
-36%
Other Assets
$15,619
$13,674
-12%
Total Assets
$31,857,105
$22,137,329
-31%
Liabilities
2023
2024
Change
Payables & Accruals
$27,114
$52,063
+92%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$27,114
$52,063
+92%
Net assets
2023
2024
Change
Restricted Net Assets
$15,595,101
$4,613,938
-70%
Unrestricted Net Assets
$16,234,890
$17,471,328
+8%
Net assets
2023
2024
Change
Net assets
+$31,829,991
+$22,085,266
-31%
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