MELVIN J BERMAN HEBREW ACADEMY
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$25,903,066
Property, Plant, & Equipment (net)
46%
Investments
39%
Cash & Equivalents
11%
Receivables (Non-Related)
4%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$4,285,267
Notes Payable / Debt (Non-Related)
59%
Payables & Accruals
31%
Deferred Revenue
8%
Other Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$988,329
$2,758,876
+179%
Receivables (Non-Related)
$1,055,484
$1,046,778
-1%
Related-Party Receivables
$28,801
-
-
Inventories
$6,150
$4,200
-32%
Prepaid Expenses
$35,651
$9,125
-74%
Investments
$10,569,151
$10,023,390
-5%
Property, Plant, & Equipment (net)
$9,766,789
$11,908,199
+22%
Other Assets
$212,718
$152,498
-28%
Total Assets
$22,663,073
$25,903,066
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$1,425,483
$1,316,923
-8%
Grants Payable
-
-
-
Deferred Revenue
$396,794
$344,582
-13%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$440,125
$2,544,385
+478%
Related-Party Payables
-
-
-
Other Liabilities
$212,718
$79,377
-63%
Total Liabilities
$2,475,120
$4,285,267
+73%
Net assets
2023
2024
Change
Restricted Net Assets
$8,141,240
$9,096,994
+12%
Unrestricted Net Assets
$12,046,713
$12,520,805
+4%
Net assets
2023
2024
Change
Net assets
+$20,187,953
+$21,617,799
+7%
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