THE KINGS ACADEMY INC C/O JAMEY C WOOD
Balance Sheet
Fiscal Year Start:
Jun 1
Assets in 2024 (Year End)
$14,894,452
Property, Plant, & Equipment (net)
67%
Cash & Equivalents
25%
Investments
7%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$6,608,423
Notes Payable / Debt (Non-Related)
88%
Deferred Revenue
10%
Other Liabilities
1%
Related-Party Payables
1%
Payables & Accruals
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,094,849
$3,723,433
+20%
Receivables (Non-Related)
$4,447,109
$30,989
-99%
Related-Party Receivables
-
$0
-
Inventories
-
-
-
Prepaid Expenses
$96,552
$94,305
-2%
Investments
$986,202
$1,031,503
+5%
Property, Plant, & Equipment (net)
$7,743,320
$9,928,156
+28%
Other Assets
$175,102
$86,066
-51%
Total Assets
$16,543,134
$14,894,452
-10%
Liabilities
2023
2024
Change
Payables & Accruals
$112,144
$31,109
-72%
Grants Payable
-
-
-
Deferred Revenue
$4,964,811
$632,473
-87%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,253,696
$5,784,763
+36%
Related-Party Payables
$109,907
$74,012
-33%
Other Liabilities
$166,990
$86,066
-48%
Total Liabilities
$9,607,548
$6,608,423
-31%
Net assets
2023
2024
Change
Restricted Net Assets
-
$915,226
-
Unrestricted Net Assets
$6,935,586
$7,370,803
+6%
Net assets
2023
2024
Change
Net assets
+$6,935,586
+$8,286,029
+19%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)