Mankato Christian Academy
Balance Sheet
Fiscal Year Start:
Sep 1
Assets in 2024 (Year End)
$2,625,529
Property, Plant, & Equipment (net)
45%
Other Assets
45%
Cash & Equivalents
9%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,236,751
Other Liabilities
98%
Payables & Accruals
1%
Related-Party Payables
1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Assets
2023
2024
Change
Cash & Equivalents
$581,702
$249,148
-57%
Receivables (Non-Related)
-
$629
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$124,802
$1,190,563
+854%
Other Assets
-
$1,185,189
-
Total Assets
$706,504
$2,625,529
+272%
Liabilities
2023
2024
Change
Payables & Accruals
$135,501
$16,262
-88%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
$12,831
-
Other Liabilities
-
$1,207,658
-
Total Liabilities
$135,501
$1,236,751
+813%
Net assets
2023
2024
Change
Restricted Net Assets
-
$56,100
-
Unrestricted Net Assets
$571,003
$1,332,678
+133%
Net assets
2023
2024
Change
Net assets
+$571,003
+$1,388,778
+143%
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