ACADEMY FOUNDATION
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$74,723,478
Receivables (Non-Related)
98%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,283,665
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
$848,374
$1,259,758
+48%
Receivables (Non-Related)
$77,919,129
$73,179,090
-6%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$160,287
$158,376
-1%
Investments
$311
$508
+63%
Property, Plant, & Equipment (net)
$125,808
$125,746
0%
Other Assets
$0
$0
-
Total Assets
$79,053,909
$74,723,478
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$814,410
$1,283,665
+58%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$814,410
$1,283,665
+58%
Net assets
2023
2024
Change
Restricted Net Assets
$17,936,569
$24,879,185
+39%
Unrestricted Net Assets
$60,302,930
$48,560,628
-19%
Net assets
2023
2024
Change
Net assets
+$78,239,499
+$73,439,813
-6%
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