What date were the financial statements available for issuance for Engineering For Kids?

According to Engineering For Kids' 2025 Franchise Disclosure Document, management is required to evaluate whether there are conditions or events that raise substantial doubt about Engineering For Kids International, LLC's ability to continue as a going concern within one year after the date that the financial statements are available to be issued. The auditor's report included in the FDD is dated March 31, 2025. This report covers the financial statements for the years ended December 31, 2024, 2023, and 2022.

This means that Engineering For Kids' management and auditors have assessed the company's financial health and ability to operate for at least the next year from March 31, 2025. Prospective franchisees should review these financial statements and the auditor's report carefully to understand the financial stability of Engineering For Kids.

The financial statements include the balance sheets, statements of operations, statements of member's equity, and statements of cash flows for the past three years. A close review of these statements can provide insight into the franchisor's revenue, expenses, assets, liabilities, and overall financial performance. Understanding the franchisor's financial position is crucial for making an informed decision about investing in an Engineering For Kids franchise.