PARK PLACE CHRISTIAN ACADEMY INC
Balance Sheet
Fiscal Year Start:
Jun 1
Assets in 2024 (Year End)
$6,089,765
Property, Plant, & Equipment (net)
68%
Cash & Equivalents
32%
Receivables (Non-Related)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,457,139
Notes Payable / Debt (Non-Related)
63%
Payables & Accruals
21%
Deferred Revenue
16%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,075,099
$1,947,675
+81%
Receivables (Non-Related)
$14,739
$12,114
-18%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$95,221
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,859,174
$4,120,451
+7%
Other Assets
$8,156
$9,525
+17%
Total Assets
$5,052,389
$6,089,765
+21%
Liabilities
2023
2024
Change
Payables & Accruals
$312,699
$303,277
-3%
Grants Payable
-
-
-
Deferred Revenue
$188,228
$240,127
+28%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,096,691
$913,735
-17%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,597,618
$1,457,139
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$300,382
$1,219,498
+306%
Unrestricted Net Assets
$3,154,389
$3,413,128
+8%
Net assets
2023
2024
Change
Net assets
+$3,454,771
+$4,632,626
+34%
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