FINANCIAL SCHOLARS INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$795,632
Cash & Equivalents
54%
Receivables (Non-Related)
44%
Other Assets
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$78,418
Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$206,554
$431,925
+109%
Receivables (Non-Related)
$43,184
$351,000
+713%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$4,267
$328
-92%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
$12,379
-
Total Assets
$254,005
$795,632
+213%
Liabilities
2023
2024
Change
Payables & Accruals
$21,674
$78,418
+262%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$21,674
$78,418
+262%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$232,331
$717,214
+209%
Net assets
2023
2024
Change
Net assets
+$232,331
+$717,214
+209%
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