BalanceSheetQ32023.xls

	A	B	C
1	The Founders Academy
2	Balance Sheet As On 03/31/2023
3	Group1	Description	Balance

4	ASSET	Current Assets	1,907,755.84
5	ASSET	Paypal Asset	38.80
6	ASSET	A/R	641,169.08
7	ASSET	Primary Bank Checking Acct	213,975.88
8	ASSET	Primary Bank Money Market Acct	1,011,989.18
9	ASSET	Primary Bank School Store Checking Account	14,112.09
10	ASSET	Primary Bank PTSG Checking Account	6,036.10
11	ASSET	Prepaid Insurance/Expenses	20,434.71
12	ASSET	Fixed Assets	1,177,121.33
13	ASSET	Equipment	184,151.70
14	ASSET	Computer and Software	258,456.63
15	ASSET	Computer and Software Depreciation	-184,143.80
16	ASSET	Furniture	225,195.45
17	ASSET	Building Improvements	859,773.25
18	ASSET	Books and Materials	79,132.30
19	ASSET	Equipment Depreciation	-144,613.33
20	ASSET	Furniture Depreciation	-113,608.99
21	ASSET	Books and Materials Depreciation	-19,195.24
22	ASSET	Building Improvements Depreciation	-67,082.30
23	ASSET	Leasehold Improvements Depreciation	-34,525.91
24	ASSET	Leasehold Improvements	133,581.57
25	TOTAL ASSET		3,084,877.17
26	LIABILITY	Current Liability	1,124,027.02
27	LIABILITY	AP - Vendors	124,292.95
28	LIABILITY	Accrued Liabilitties	61,493.91
29	LIABILITY	Private Loan	438,598.06
30	LIABILITY	Accrued Payroll	9,850.70
31	LIABILITY	Deferred Revenue	489,791.40
32	LIABILITY	Reserves & Surplus	1,960,850.15
33	LIABILITY	(School Fund)	1,960,850.15
34	TOTAL LIABILITY		3,084,877.17
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