ARKANSAS SINGLE PARENT SCHOLARSHIP FUND INC

Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,998,909
Investments
71%
Cash & Equivalents
25%
Receivables (Non-Related)
4%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$199,929
Other Liabilities
58%
Payables & Accruals
42%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,448,885
$1,728,153
+19%
Receivables (Non-Related)
$2,105,564
$263,992
-87%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$43,968
$4,406
-90%
Investments
$4,531,838
$4,997,045
+10%
Property, Plant, & Equipment (net)
$2,486
$5,313
+114%
Other Assets
-
-
-
Total Assets
$8,132,741
$6,998,909
-14%
Liabilities
2023
2024
Change
Payables & Accruals
$86,476
$83,890
-3%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$93,132
$116,039
+25%
Total Liabilities
$179,608
$199,929
+11%
Net assets
2023
2024
Change
Restricted Net Assets
$7,267,722
$5,435,336
-25%
Unrestricted Net Assets
$685,411
$1,363,644
+99%
Net assets
2023
2024
Change
Net assets
+$7,953,133
+$6,798,980
-15%
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