ACADEMY PREP FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jun 1
Assets in 2024 (Year End)
$42,463,776
Investments
65%
Property, Plant, & Equipment (net)
31%
Cash & Equivalents
3%
Receivables (Non-Related)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$307,642
Notes Payable / Debt (Non-Related)
81%
Payables & Accruals
19%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$576,500
$1,454,372
+152%
Receivables (Non-Related)
$95,001
$74,782
-21%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$23,610,559
$27,711,640
+17%
Property, Plant, & Equipment (net)
$13,565,335
$13,181,498
-3%
Other Assets
$38,486
$41,484
+8%
Total Assets
$37,885,881
$42,463,776
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$24,017
$57,642
+140%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$250,000
$250,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$274,017
$307,642
+12%
Net assets
2023
2024
Change
Restricted Net Assets
$4,446,323
$5,308,493
+19%
Unrestricted Net Assets
$33,165,541
$36,847,641
+11%
Net assets
2023
2024
Change
Net assets
+$37,611,864
+$42,156,134
+12%
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