Where can I find the audited financial statements for Engineering For Kids International, LLC?
Engineering_For_Kids Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit E to this disclosure document contains the following financial statements: the audited financial statements for Engineering for Kids International, LLC as of December 31, 2022, December 31, 2023 and December 31, 2024. Our fiscal year end is December 31.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 52–53)
What This Means (2025 FDD)
According to Engineering For Kids' 2025 Franchise Disclosure Document, the audited financial statements for Engineering For Kids International, LLC are located in Exhibit E of the FDD. These statements include the financial results as of December 31, 2022, December 31, 2023, and December 31, 2024. The company's fiscal year ends on December 31.
These financial statements provide a detailed overview of Engineering For Kids' financial performance over the past three years. They are crucial for prospective franchisees as they offer insights into the franchisor's financial stability, profitability, and overall financial health. Reviewing these statements can help potential franchisees assess the risks and opportunities associated with investing in an Engineering For Kids franchise.
The inclusion of audited financial statements is a standard practice in franchising, ensuring transparency and providing potential franchisees with reliable information. The audit was conducted in accordance with auditing standards generally accepted in the United States of America. These statements include the balance sheet, statements of operations, member's equity, and cash flows, along with related notes.