BalalnceSheetQ12021.xls

	A	B	C
1	The Founders Academy
2	Balance Sheet As On 09/30/2021
3	Group1	Description	Balance

4	ASSET	Current Assets	1,075,534.87
5	ASSET	Paypal Asset	269.21
6	ASSET	A/R	42,726.97
7	ASSET	Primary Checking Acct	33,196.00
8	ASSET	Primary Bank Checking Acct	963,540.37
9	ASSET	Primary Bank Money Market Acct	10,037.84
10	ASSET	Primary Bank School Store Checking Account	1,018.44
11	ASSET	Primary Bank PTSG Checking Account	3,952.76
12	ASSET	Prepaid Insurance/Expenses	20,793.28
13	ASSET	Fixed Assets	548,236.29
14	ASSET	Equipment	173,856.70
15	ASSET	Computer and Software	199,627.38
16	ASSET	Computer and Software Depreciation	-149,242.46
17	ASSET	Furniture	175,722.66
18	ASSET	Building Improvements	236,388.38
19	ASSET	Books and Materials	12,435.67
20	ASSET	Equipment Depreciation	-102,324.21
21	ASSET	Furniture Depreciation	-83,679.16
22	ASSET	Books and Materials Depreciation	-8,524.21
23	ASSET	Building Improvements Depreciation	-20,803.75
24	ASSET	Leasehold Improvements Depreciation	-13,668.12
25	ASSET	Leasehold Improvements	128,447.41
26	TOTAL ASSET		1,623,771.16
27	LIABILITY	Current Liability	844,283.95
28	LIABILITY	AP - Vendors	147,665.64
29	LIABILITY	Accrued Liabilitties	5,474.98
30	LIABILITY	Primary Bank Line of Credit	100,000.00
31	LIABILITY	Deferred Revenue	591,143.33
32	LIABILITY	Reserves & Surplus	779,487.21
33	LIABILITY	(School Fund)	779,487.21
34	TOTAL LIABILITY		1,623,771.16
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