SULTANA EDUCATION FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$10,310,995
Property, Plant, & Equipment (net)
54%
Investments
35%
Cash & Equivalents
8%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$159,763
Payables & Accruals
62%
Deferred Revenue
38%
Grants Payable
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
$353,885
$790,062
+123%
Receivables (Non-Related)
$526,618
$258,727
-51%
Related-Party Receivables
-
-
-
Inventories
$4,786
$7,874
+65%
Prepaid Expenses
$16,408
$21,515
+31%
Investments
$3,604,417
$3,642,887
+1%
Property, Plant, & Equipment (net)
$5,720,827
$5,589,930
-2%
Other Assets
-
-
-
Total Assets
$10,226,941
$10,310,995
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$112,414
$99,120
-12%
Grants Payable
-
-
-
Deferred Revenue
$51,518
$60,643
+18%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$400,000
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$563,932
$159,763
-72%
Net assets
2023
2024
Change
Restricted Net Assets
$2,190,897
$1,917,528
-12%
Unrestricted Net Assets
$7,472,112
$8,233,704
+10%
Net assets
2023
2024
Change
Net assets
+$9,663,009
+$10,151,232
+5%
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