BalanceSheetQ42023.xls

	A	B	C
1	The Founders Academy
2	Balance Sheet As On 06/30/2023
3	Group1	Description	Balance

4	ASSET	Current Assets	1,393,221.80
5	ASSET	Paypal Asset	72.76
6	ASSET	A/R	621,048.76
7	ASSET	Due From State	232,313.29
8	ASSET	Primary Bank Checking Acct	199,336.60
9	ASSET	Primary Bank Money Market Acct	263,015.78
10	ASSET	Primary Bank School Store Checking Account	14,753.99
11	ASSET	Primary Bank PTSG Checking Account	8,586.20
12	ASSET	Primary Operating Capital Reserve Account	30,021.37
13	ASSET	Primary Fundraising and Other Account	1,100.00
14	ASSET	Prepaid Insurance/Expenses	22,973.05
15	ASSET	Fixed Assets	1,638,912.65
16	ASSET	Equipment	184,151.70
17	ASSET	Computer and Software	258,456.63
18	ASSET	Computer and Software Depreciation	-191,052.12
19	ASSET	Furniture	225,195.45
20	ASSET	Building Improvements	859,773.25
21	ASSET	Books and Materials	79,132.30
22	ASSET	Equipment Depreciation	-151,681.98
23	ASSET	Furniture Depreciation	-118,960.83
24	ASSET	Books and Materials Depreciation	-21,183.94
25	ASSET	Building Improvements Depreciation	-77,107.18
26	ASSET	Leasehold Improvements Depreciation	-37,920.67
27	ASSET	Leasehold Improvements	133,581.57
28	ASSET	Right of Use Asset	496,528.47
29	TOTAL ASSET		3,032,134.45
30	LIABILITY	Current Liability	1,136,106.99
31	LIABILITY	AP - Vendors	112,032.10
32	LIABILITY	Accrued Liabilitties	13,250.00
33	LIABILITY	Private Loan	431,827.96
34	LIABILITY	Accrued Payroll	54,501.00
35	LIABILITY	Right of Use Liability	521,818.23
36	LIABILITY	Deferred Revenue	2,677.70
37	LIABILITY	Reserves & Surplus	1,896,027.46
38	LIABILITY	(School Fund)	1,896,027.46
39	TOTAL LIABILITY		3,032,134.45
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