Victory Christian Academy
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$1,344,085
Cash & Equivalents
67%
Investments
22%
Property, Plant, & Equipment (net)
5%
Receivables (Non-Related)
5%
Prepaid Expenses
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$253,424
Deferred Revenue
81%
Payables & Accruals
10%
Other Liabilities
9%
Grants Payable
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
$779,519
$906,139
+16%
Receivables (Non-Related)
$47,833
$61,067
+28%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$14,942
$13,809
-8%
Investments
$115,000
$290,000
+152%
Property, Plant, & Equipment (net)
$46,989
$65,987
+40%
Other Assets
$9,495
$7,083
-25%
Total Assets
$1,013,778
$1,344,085
+33%
Liabilities
2023
2024
Change
Payables & Accruals
$50,398
$24,671
-51%
Grants Payable
-
-
-
Deferred Revenue
$89,298
$205,750
+130%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$18,173
$23,003
+27%
Total Liabilities
$157,869
$253,424
+61%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$855,909
$1,090,661
+27%
Net assets
2023
2024
Change
Net assets
+$855,909
+$1,090,661
+27%
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