WORKFORCE ADVANTAGE ACADEMY INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$1,711,599
Cash & Equivalents
69%
Other Assets
21%
Property, Plant, & Equipment (net)
10%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$465,395
Other Liabilities
68%
Payables & Accruals
32%
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
2024
2025
Change
Cash & Equivalents
$1,442,006
$1,175,213
-19%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$9,000
$9,000
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$194,389
$175,554
-10%
Other Assets
$421,316
$351,832
-16%
Total Assets
$2,066,711
$1,711,599
-17%
Liabilities
2024
2025
Change
Payables & Accruals
$148,998
$148,629
0%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$406,480
$316,766
-22%
Total Liabilities
$555,478
$465,395
-16%
Net assets
2024
2025
Change
Restricted Net Assets
$58,130
$12,000
-79%
Unrestricted Net Assets
$1,453,103
$1,234,204
-15%
Net assets
2024
2025
Change
Net assets
+$1,511,233
+$1,246,204
-18%
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