PIEDMONT EDUCATIONAL FOUNDATION INCPub 78
Pub 78
Balance Sheet
Fiscal Year Start:
Jun 1
Assets in 2018 (Year End)
$458,545
Investments
50%
Cash & Equivalents
49%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2018 (Year End)
$1,474
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2017
2018
Change
Cash & Equivalents
$227,853
$225,833
-1%
Receivables (Non-Related)
$60,157
$4,939
-92%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$204,995
$227,773
+11%
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
-
-
-
Total Assets
$493,005
$458,545
-7%
Liabilities
2017
2018
Change
Payables & Accruals
$5,315
$1,474
-72%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$136,500
$0
-100%
Total Liabilities
$141,815
$1,474
-99%
Net assets
2017
2018
Change
Restricted Net Assets
$38,633
$4,939
-87%
Unrestricted Net Assets
$312,557
$452,132
+45%
Net assets
2017
2018
Change
Net assets
+$351,190
+$457,071
+30%
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