SOUTHERN SCHOLARSHIP FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$16,788,085
Investments
49%
Property, Plant, & Equipment (net)
46%
Cash & Equivalents
5%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,064,805
Notes Payable / Debt (Non-Related)
48%
Other Liabilities
37%
Payables & Accruals
16%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$750,973
$759,504
+1%
Receivables (Non-Related)
$109,003
$50,923
-53%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$55,964
$14,602
-74%
Investments
$8,147,369
$8,184,020
+0%
Property, Plant, & Equipment (net)
$7,945,284
$7,779,036
-2%
Other Assets
-
-
-
Total Assets
$17,008,593
$16,788,085
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$246,463
$168,181
-32%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$414,406
$507,379
+22%
Related-Party Payables
-
-
-
Other Liabilities
$344,254
$389,245
+13%
Total Liabilities
$1,005,123
$1,064,805
+6%
Net assets
2023
2024
Change
Restricted Net Assets
$8,506,205
$8,563,816
+1%
Unrestricted Net Assets
$7,497,265
$7,159,464
-5%
Net assets
2023
2024
Change
Net assets
+$16,003,470
+$15,723,280
-2%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)