DELAWARE MILITARY ACADEMY
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$28,861,540
Property, Plant, & Equipment (net)
61%
Other Assets
23%
Cash & Equivalents
16%
Investments
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2025 (Year End)
$38,451,451
Other Liabilities
49%
Notes Payable / Debt (Non-Related)
48%
Payables & Accruals
3%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$5,244,082
$4,663,086
-11%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$95,065
$105,899
+11%
Property, Plant, & Equipment (net)
$18,204,172
$17,582,966
-3%
Other Assets
$7,171,247
$6,509,589
-9%
Total Assets
$30,714,566
$28,861,540
-6%
Liabilities
2024
2025
Change
Payables & Accruals
$1,020,734
$1,176,071
+15%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$18,732,578
$18,328,331
-2%
Related-Party Payables
-
-
-
Other Liabilities
$20,092,081
$18,947,049
-6%
Total Liabilities
$39,845,393
$38,451,451
-3%
Net assets
2024
2025
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2024
2025
Change
Net assets
-$9,130,827
-$9,589,911
-5%
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