BalanceSheetQ22021.xls

	A	B	C
1	The Founders Academy
2	Balance Sheet As On 12/31/2021
3	Group1	Description	Balance

4	ASSET	Current Assets	1,056,434.92
5	ASSET	A/R	128,041.69
6	ASSET	Primary Checking Acct	72,965.57
7	ASSET	Primary Bank Checking Acct	814,893.01
8	ASSET	Primary Bank Money Market Acct	10,052.50
9	ASSET	Primary Bank School Store Checking Account	4,479.16
10	ASSET	Primary Bank PTSG Checking Account	5,269.49
11	ASSET	Prepaid Insurance/Expenses	20,733.50
12	ASSET	Fixed Assets	523,367.24
13	ASSET	Equipment	173,856.70
14	ASSET	Computer and Software	202,102.38
15	ASSET	Computer and Software Depreciation	-153,932.51
16	ASSET	Furniture	175,722.66
17	ASSET	Building Improvements	236,388.38
18	ASSET	Books and Materials	12,435.67
19	ASSET	Equipment Depreciation	-109,569.61
20	ASSET	Furniture Depreciation	-88,176.17
21	ASSET	Books and Materials Depreciation	-8,767.73
22	ASSET	Building Improvements Depreciation	-27,445.00
23	ASSET	Leasehold Improvements Depreciation	-17,694.94
24	ASSET	Leasehold Improvements	128,447.41
25	TOTAL ASSET		1,579,802.16
26	LIABILITY	Current Liability	544,103.82
27	LIABILITY	AP - Vendors	23,802.92
28	LIABILITY	Accrued Liabilitties	14,636.56
29	LIABILITY	Accrued Payroll	55,128.37
30	LIABILITY	Deferred Revenue	450,535.97
31	LIABILITY	Reserves & Surplus	1,035,698.34
32	LIABILITY	(School Fund)	1,035,698.34
33	TOTAL LIABILITY		1,579,802.16
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