What were the total assets for Engineering For Kids International, LLC at the end of 2024?
Engineering_For_Kids Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the accompanying financial statements of Engineering for Kids International, LLC which comprise the balance sheet as of December 31, 2024, and the related statements of operations, member's equity, and cash flows for the year then ended, and the related notes to the financial statements.
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the financial statements of Engineering For Kids International, LLC include a balance sheet as of December 31, 2024. However, the excerpt does not provide the specific value of the company's total assets for that date.
Without this information, prospective franchisees cannot assess the financial stability and overall financial health of Engineering For Kids. The total asset figure is a key indicator of the company's resources and its ability to meet its financial obligations.
It is important for potential franchisees to ask Engineering For Kids for the complete financial statements, including the balance sheet, to determine the total assets, liabilities, and equity. This information will assist in making an informed investment decision.
In addition to the total asset value, prospective franchisees should inquire about the components of the assets, such as cash, accounts receivable, and other investments, to gain a deeper understanding of the company's financial structure.