COMMUNITIES IN SCHOOLS OF THE PERMIAN BASIN INC

COMMUNITIES IN SCHOOLS OF THE PERMIAN BASIN INC

Midland, TX, US
501(c)3
EIN
75-2821486

COMMUNITIES IN SCHOOLS OF THE PERMIAN BASIN INC

Midland, TX, US
501(c)3
EIN
75-2821486

Balance Sheet

Fiscal Year Start:
Sep 1
Assets in 2024 (Year End)

$1,579,329

Cash & Equivalents
91%
Receivables (Non-Related)
7%
Other Assets
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$124,322

Payables & Accruals
89%
Other Liabilities
11%
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
$1,353,855
$1,438,180
+6%
Receivables (Non-Related)
$238,523
$114,449
-52%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$20,875
$10,929
-48%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,737
$1,520
-44%
Other Assets
$41,905
$14,251
-66%
Total Assets
$1,657,895
$1,579,329
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$30,675
$110,071
+259%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$41,905
$14,251
-66%
Total Liabilities
$72,580
$124,322
+71%
Net assets
2023
2024
Change
Restricted Net Assets
$109,118
$106,770
-2%
Unrestricted Net Assets
$1,476,197
$1,348,237
-9%
Net assets
2023
2024
Change
Net assets
+$1,585,315
+$1,455,007
-8%
Balance Sheet
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