CARY ACADEMY
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$97,237,792
Investments
59%
Property, Plant, & Equipment (net)
38%
Cash & Equivalents
1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$4,926,593
Payables & Accruals
42%
Deferred Revenue
34%
Other Liabilities
24%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,698,420
$1,251,158
-26%
Receivables (Non-Related)
$816,446
$468,784
-43%
Related-Party Receivables
-
-
-
Inventories
$74,781
$81,639
+9%
Prepaid Expenses
$541,322
$690,098
+27%
Investments
$51,402,955
$57,363,131
+12%
Property, Plant, & Equipment (net)
$35,733,138
$37,122,661
+4%
Other Assets
$589,130
$260,321
-56%
Total Assets
$90,856,192
$97,237,792
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$323,172
$2,085,005
+545%
Grants Payable
-
-
-
Deferred Revenue
$1,824,592
$1,658,203
-9%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,746,076
$1,183,385
-32%
Total Liabilities
$3,893,840
$4,926,593
+27%
Net assets
2023
2024
Change
Restricted Net Assets
$41,483,354
$44,054,013
+6%
Unrestricted Net Assets
$45,478,998
$48,257,186
+6%
Net assets
2023
2024
Change
Net assets
+$86,962,352
+$92,311,199
+6%
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