ASHEVILLE SCHOOL INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$115,578,272
Investments
63%
Property, Plant, & Equipment (net)
23%
Cash & Equivalents
11%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$6,345,158
Deferred Revenue
49%
Tax-Exempt Bond Liabilities
28%
Payables & Accruals
16%
Other Liabilities
8%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$12,342,974
$12,758,136
+3%
Receivables (Non-Related)
$2,278,195
$2,447,158
+7%
Related-Party Receivables
$400,000
$0
-100%
Inventories
$24,271
$35,366
+46%
Prepaid Expenses
$608,260
$820,248
+35%
Investments
$69,434,156
$72,518,556
+4%
Property, Plant, & Equipment (net)
$25,851,784
$26,272,708
+2%
Other Assets
$1,576,980
$726,100
-54%
Total Assets
$112,516,620
$115,578,272
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$715,165
$1,003,353
+40%
Grants Payable
$0
$0
-
Deferred Revenue
$3,103,358
$3,094,137
0%
Tax-Exempt Bond Liabilities
$2,390,000
$1,745,000
-27%
Custodial & Escrow Liabilities
$0
$1,100
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$532,835
$501,568
-6%
Total Liabilities
$6,741,358
$6,345,158
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$67,379,481
$71,086,907
+6%
Unrestricted Net Assets
$38,395,781
$38,146,207
-1%
Net assets
2023
2024
Change
Net assets
+$105,775,262
+$109,233,114
+3%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)