NORWICH UNIVERSITY
Balance Sheet
Fiscal Year Start:
Jun 1
Assets in 2024 (Year End)
$517,611,300
Investments
54%
Property, Plant, & Equipment (net)
32%
Cash & Equivalents
6%
Receivables (Non-Related)
4%
Other Assets
3%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$90,933,829
Tax-Exempt Bond Liabilities
72%
Other Liabilities
14%
Payables & Accruals
6%
Deferred Revenue
6%
Notes Payable / Debt (Non-Related)
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$20,543,794
$30,920,176
+51%
Receivables (Non-Related)
$18,060,413
$21,608,185
+20%
Related-Party Receivables
-
-
-
Inventories
$1,850,134
$1,979,198
+7%
Prepaid Expenses
$2,576,270
$2,245,370
-13%
Investments
$262,929,787
$280,542,213
+7%
Property, Plant, & Equipment (net)
$167,945,940
$164,759,463
-2%
Other Assets
$13,903,701
$15,556,695
+12%
Total Assets
$487,810,039
$517,611,300
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$3,539,670
$5,821,368
+64%
Grants Payable
-
-
-
Deferred Revenue
$5,940,848
$5,728,763
-4%
Tax-Exempt Bond Liabilities
$68,432,121
$65,045,965
-5%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,376,651
$1,822,107
-23%
Related-Party Payables
-
-
-
Other Liabilities
$15,233,585
$12,515,626
-18%
Total Liabilities
$95,522,875
$90,933,829
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$216,000,194
$232,685,025
+8%
Unrestricted Net Assets
$176,286,970
$193,992,446
+10%
Net assets
2023
2024
Change
Net assets
+$392,287,164
+$426,677,471
+9%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)