SALEM STATE UNIVERSITY FOUNDATION INC
SALEM STATE UNIVERSITY FOUNDATION INC
SALEM STATE UNIVERSITY FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$87,033,273
Investments
91%
Cash & Equivalents
6%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$864,483
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$5,798,873
$5,467,177
-6%
Receivables (Non-Related)
$6,370,129
$2,069,827
-68%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$158,702
$65,733
-59%
Investments
$67,937,070
$79,430,536
+17%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$0
$0
-
Total Assets
$80,264,774
$87,033,273
+8%
Liabilities
2024
2025
Change
Payables & Accruals
$940,764
$864,483
-8%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$940,764
$864,483
-8%
Net assets
2024
2025
Change
Restricted Net Assets
$75,402,073
$81,548,122
+8%
Unrestricted Net Assets
$3,921,937
$4,620,668
+18%
Net assets
2024
2025
Change
Net assets
+$79,324,010
+$86,168,790
+9%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)