FUTURO ACADEMY INCORPORATED
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$9,924,340
Property, Plant, & Equipment (net)
51%
Other Assets
29%
Cash & Equivalents
13%
Receivables (Non-Related)
7%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$11,174,155
Other Liabilities
49%
Notes Payable / Debt (Non-Related)
48%
Payables & Accruals
3%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$870,369
$1,284,911
+48%
Receivables (Non-Related)
$634,395
$732,124
+15%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$30,650
$37,378
+22%
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,660,250
$5,030,292
-11%
Other Assets
$3,489,110
$2,839,635
-19%
Total Assets
$10,684,774
$9,924,340
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$155,658
$331,018
+113%
Grants Payable
-
-
-
Deferred Revenue
$120,522
$0
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,828,010
$5,319,934
-9%
Related-Party Payables
-
-
-
Other Liabilities
$5,248,997
$5,523,203
+5%
Total Liabilities
$11,353,187
$11,174,155
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$75,402
$97,856
+30%
Unrestricted Net Assets
-$743,815
-$1,347,671
-81%
Net assets
2023
2024
Change
Net assets
-$668,413
-$1,249,815
-87%
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