EQUALITY CHARTER SCHOOL
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$14,374,361
Other Assets
37%
Cash & Equivalents
31%
Property, Plant, & Equipment (net)
19%
Receivables (Non-Related)
12%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,292,967
Other Liabilities
71%
Payables & Accruals
29%
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
$3,699,704
$4,524,550
+22%
Receivables (Non-Related)
$2,562,452
$1,730,977
-32%
Related-Party Receivables
$0
-
-
Inventories
$0
-
-
Prepaid Expenses
$96,705
$191,618
+98%
Investments
$100,500
-
-
Property, Plant, & Equipment (net)
$2,300,096
$2,663,362
+16%
Other Assets
$6,783,445
$5,263,854
-22%
Total Assets
$15,542,902
$14,374,361
-8%
Liabilities
2023
2024
Change
Payables & Accruals
$1,210,118
$1,227,156
+1%
Grants Payable
$0
-
-
Deferred Revenue
$97,719
-
-
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
$0
-
-
Other Liabilities
$4,928,164
$3,065,811
-38%
Total Liabilities
$6,236,001
$4,292,967
-31%
Net assets
2023
2024
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$9,306,901
$10,081,394
+8%
Net assets
2023
2024
Change
Net assets
+$9,306,901
+$10,081,394
+8%
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