GIFFT HILL SCHOOL INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$10,476,732
Property, Plant, & Equipment (net)
47%
Investments
23%
Cash & Equivalents
16%
Receivables (Non-Related)
7%
Other Assets
7%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$928,089
Notes Payable / Debt (Non-Related)
68%
Payables & Accruals
21%
Deferred Revenue
10%
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
$1,177,643
$1,644,205
+40%
Receivables (Non-Related)
$483,718
$785,736
+62%
Related-Party Receivables
-
-
-
Inventories
-
$16,660
-
Prepaid Expenses
$29,086
$18,470
-36%
Investments
$1,501,955
$2,399,417
+60%
Property, Plant, & Equipment (net)
$4,640,517
$4,900,046
+6%
Other Assets
$1,108,374
$712,198
-36%
Total Assets
$8,941,293
$10,476,732
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$115,368
$192,553
+67%
Grants Payable
-
-
-
Deferred Revenue
$117,063
$96,756
-17%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$750,231
$626,792
-16%
Related-Party Payables
-
-
-
Other Liabilities
$13,923
$11,988
-14%
Total Liabilities
$996,585
$928,089
-7%
Net assets
2023
2024
Change
Restricted Net Assets
$2,951,862
$3,445,887
+17%
Unrestricted Net Assets
$4,992,846
$6,102,756
+22%
Net assets
2023
2024
Change
Net assets
+$7,944,708
+$9,548,643
+20%
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