KING'S ACADEMY INC
Balance Sheet
Fiscal Year Start:
Aug 1
Assets in 2024 (Year End)
$11,985,195
Investments
53%
Other Assets
23%
Cash & Equivalents
19%
Receivables (Non-Related)
4%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$120,735
Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,867,394
$2,335,873
+25%
Receivables (Non-Related)
$586,862
$497,721
-15%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$6,402,492
$6,394,344
0%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$2,127,725
$2,757,257
+30%
Total Assets
$10,984,473
$11,985,195
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$141,736
$120,735
-15%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$141,736
$120,735
-15%
Net assets
2023
2024
Change
Restricted Net Assets
$5,114,617
$5,114,617
+0%
Unrestricted Net Assets
$5,728,120
$6,749,843
+18%
Net assets
2023
2024
Change
Net assets
+$10,842,737
+$11,864,460
+9%
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