What was the total amount of deferred revenue for Gokhale Method?

I am unable to provide the total amount of deferred revenue for Gokhale Method, according to the 2024 Franchise Disclosure Document. While the document mentions deferred revenue, it does not specify the total amount. The FDD states that deferred revenue primarily comes from initial franchise fees and renewal fees, which are recognized over the franchise term.

Specifically, the Gokhale Method franchise agreement stipulates an initial non-refundable franchise fee of $4,000 per franchise for a five-year term, which is classified as deferred revenue and recognized over the franchise term. Franchisees are also required to pay continuing education fees, including annual meeting fees, online university membership fees, and teacher teleseminar fees, which are included in the continuing education caption of the Statement of Operations.

To ascertain the total deferred revenue, a prospective franchisee should review the Gokhale Method Institute, Inc.'s balance sheets and related financial statements within the FDD. If the information is not present, they should directly ask Gokhale Method for the specific deferred revenue amounts for the reporting periods covered by the FDD.