WENTWORTH INSTITUTE OF TECHNOLOGY INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$499,876,599
Property, Plant, & Equipment (net)
55%
Investments
33%
Cash & Equivalents
5%
Other Assets
4%
Receivables (Non-Related)
2%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$219,891,097
Tax-Exempt Bond Liabilities
73%
Deferred Revenue
9%
Payables & Accruals
9%
Other Liabilities
9%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$28,610,058
$27,334,703
-4%
Receivables (Non-Related)
$12,644,338
$11,516,890
-9%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$4,135,698
$5,015,852
+21%
Investments
$152,382,646
$163,232,231
+7%
Property, Plant, & Equipment (net)
$256,634,640
$274,594,313
+7%
Other Assets
$39,582,220
$18,182,610
-54%
Total Assets
$493,989,600
$499,876,599
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$12,853,413
$19,401,509
+51%
Grants Payable
-
-
-
Deferred Revenue
$21,231,984
$19,642,022
-7%
Tax-Exempt Bond Liabilities
$168,271,417
$161,593,331
-4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$19,503,284
$19,254,235
-1%
Total Liabilities
$221,860,098
$219,891,097
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$68,838,055
$73,204,088
+6%
Unrestricted Net Assets
$203,291,447
$206,781,414
+2%
Net assets
2023
2024
Change
Net assets
+$272,129,502
+$279,985,502
+3%
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