EMPOWER COLLEGE PREPRevoked
Revoked
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$23,013,949
Property, Plant, & Equipment (net)
81%
Cash & Equivalents
12%
Receivables (Non-Related)
7%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$15,097,376
Tax-Exempt Bond Liabilities
97%
Payables & Accruals
3%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,778,302
$2,752,231
-27%
Receivables (Non-Related)
$235,820
$1,564,400
+563%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$36,805
$73,226
+99%
Investments
-
-
-
Property, Plant, & Equipment (net)
$19,161,496
$18,624,092
-3%
Other Assets
-
-
-
Total Assets
$23,212,423
$23,013,949
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$913,785
$443,912
-51%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$14,850,321
$14,606,411
-2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$8,455
$47,053
+457%
Total Liabilities
$15,772,561
$15,097,376
-4%
Net assets
2023
2024
Change
Restricted Net Assets
$55,443
$113,246
+104%
Unrestricted Net Assets
$7,384,419
$7,803,327
+6%
Net assets
2023
2024
Change
Net assets
+$7,439,862
+$7,916,573
+6%
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