Georgia Christian School Inc
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$9,455,030
Property, Plant, & Equipment (net)
37%
Cash & Equivalents
28%
Receivables (Non-Related)
25%
Investments
9%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,339,538
Deferred Revenue
91%
Payables & Accruals
9%
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
$2,904,214
$2,658,078
-8%
Receivables (Non-Related)
$2,333,403
$2,348,659
+1%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$106,644
$29,034
-73%
Investments
$816,438
$882,277
+8%
Property, Plant, & Equipment (net)
$2,772,404
$3,536,982
+28%
Other Assets
-
-
-
Total Assets
$8,933,103
$9,455,030
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$196,443
$219,261
+12%
Grants Payable
-
-
-
Deferred Revenue
$2,035,140
$2,120,277
+4%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,231,583
$2,339,538
+5%
Net assets
2023
2024
Change
Restricted Net Assets
$3,427,842
$3,828,843
+12%
Unrestricted Net Assets
$3,273,678
$3,286,649
+0%
Net assets
2023
2024
Change
Net assets
+$6,701,520
+$7,115,492
+6%
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