SACRED HEART UNIVERSITY INCORPORATED
SACRED HEART UNIVERSITY INCORPORATED
SACRED HEART UNIVERSITY INCORPORATED
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$1,450,684,018
Property, Plant, & Equipment (net)
58%
Investments
28%
Cash & Equivalents
6%
Other Assets
6%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$571,042,177
Tax-Exempt Bond Liabilities
73%
Deferred Revenue
11%
Payables & Accruals
10%
Other Liabilities
6%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$137,896,900
$93,640,781
-32%
Receivables (Non-Related)
$8,810,869
$7,541,549
-14%
Related-Party Receivables
-
$0
-
Inventories
-
-
-
Prepaid Expenses
$6,458,215
$7,970,747
+23%
Investments
$291,529,947
$402,319,880
+38%
Property, Plant, & Equipment (net)
$794,681,370
$846,773,764
+7%
Other Assets
$116,826,437
$92,437,297
-21%
Total Assets
$1,356,203,738
$1,450,684,018
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$62,939,046
$59,174,876
-6%
Grants Payable
-
-
-
Deferred Revenue
$57,532,078
$61,694,817
+7%
Tax-Exempt Bond Liabilities
$428,023,075
$415,062,550
-3%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
$0
-
Other Liabilities
$40,088,034
$35,109,934
-12%
Total Liabilities
$588,582,233
$571,042,177
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$61,116,914
$64,031,304
+5%
Unrestricted Net Assets
$706,504,591
$815,610,537
+15%
Net assets
2023
2024
Change
Net assets
+$767,621,505
+$879,641,841
+15%
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