Colorado Springs Christian Schools
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$11,719,013
Investments
42%
Property, Plant, & Equipment (net)
35%
Cash & Equivalents
15%
Other Assets
4%
Receivables (Non-Related)
3%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$8,890,278
Other Liabilities
34%
Related-Party Payables
24%
Deferred Revenue
22%
Notes Payable / Debt (Non-Related)
15%
Payables & Accruals
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,582,173
$1,701,806
+8%
Receivables (Non-Related)
$345,560
$348,286
+1%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$181,333
$146,399
-19%
Investments
$4,776,624
$4,961,509
+4%
Property, Plant, & Equipment (net)
$4,449,269
$4,057,693
-9%
Other Assets
$223,653
$503,320
+125%
Total Assets
$11,558,612
$11,719,013
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$419,157
$417,917
0%
Grants Payable
$0
$0
-
Deferred Revenue
$2,170,066
$1,992,795
-8%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$1,417,844
$1,331,202
-6%
Related-Party Payables
$2,245,543
$2,137,188
-5%
Other Liabilities
$2,723,653
$3,011,176
+11%
Total Liabilities
$8,976,263
$8,890,278
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$4,768,626
$4,873,347
+2%
Unrestricted Net Assets
-$2,186,277
-$2,044,612
+6%
Net assets
2023
2024
Change
Net assets
+$2,582,349
+$2,828,735
+10%
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