GREATER ATLANTA CHRISTIAN SCHOOLS INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$110,143,611
Property, Plant, & Equipment (net)
79%
Cash & Equivalents
9%
Receivables (Non-Related)
7%
Investments
2%
Inventories
1%
Prepaid Expenses
1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$27,691,247
Deferred Revenue
59%
Notes Payable / Debt (Non-Related)
24%
Payables & Accruals
17%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,810,078
$10,075,066
+14%
Receivables (Non-Related)
$2,300,190
$7,185,179
+212%
Related-Party Receivables
$0
$0
-
Inventories
$1,484,860
$1,597,936
+8%
Prepaid Expenses
$1,067,898
$1,176,863
+10%
Investments
$1,158,936
$2,394,484
+107%
Property, Plant, & Equipment (net)
$87,882,754
$86,972,094
-1%
Other Assets
$413,998
$741,989
+79%
Total Assets
$103,118,714
$110,143,611
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$4,575,539
$4,590,126
+0%
Grants Payable
$0
$0
-
Deferred Revenue
$15,589,140
$16,333,030
+5%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$8,527,759
$6,539,300
-23%
Related-Party Payables
$0
$0
-
Other Liabilities
$243,234
$228,791
-6%
Total Liabilities
$28,935,672
$27,691,247
-4%
Net assets
2023
2024
Change
Restricted Net Assets
$4,002,714
$12,057,355
+201%
Unrestricted Net Assets
$70,180,328
$70,395,009
+0%
Net assets
2023
2024
Change
Net assets
+$74,183,042
+$82,452,364
+11%
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