ACADEMY PREP CENTER OF LAKELAND INC
Balance Sheet
Fiscal Year Start:
Jun 1
Assets in 2025 (Year End)
$507,025
Property, Plant, & Equipment (net)
62%
Cash & Equivalents
22%
Investments
8%
Receivables (Non-Related)
6%
Other Assets
2%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2025 (Year End)
$124,967
Payables & Accruals
86%
Other Liabilities
14%
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
$270,187
$111,800
-59%
Receivables (Non-Related)
$14,325
$32,623
+128%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$33,890
$40,094
+18%
Property, Plant, & Equipment (net)
$380,064
$313,345
-18%
Other Assets
$9,859
$9,163
-7%
Total Assets
$708,325
$507,025
-28%
Liabilities
2024
2025
Change
Payables & Accruals
$96,366
$106,852
+11%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$43,378
$18,115
-58%
Total Liabilities
$139,744
$124,967
-11%
Net assets
2024
2025
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$568,581
$382,058
-33%
Net assets
2024
2025
Change
Net assets
+$568,581
+$382,058
-33%
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