TOURO COLLEGE
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$867,124,817
Other Assets
37%
Property, Plant, & Equipment (net)
37%
Investments
17%
Receivables (Non-Related)
5%
Cash & Equivalents
3%
Prepaid Expenses
<1%
Related-Party Receivables
<1%
Inventories
0%
Liabilities in 2024 (Year End)
$595,373,127
Other Liabilities
47%
Tax-Exempt Bond Liabilities
34%
Payables & Accruals
8%
Deferred Revenue
7%
Notes Payable / Debt (Non-Related)
3%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$29,342,530
$22,586,780
-23%
Receivables (Non-Related)
$39,517,157
$47,304,554
+20%
Related-Party Receivables
$58,427
$58,427
+0%
Inventories
-
-
-
Prepaid Expenses
$5,088,249
$7,533,850
+48%
Investments
$128,372,393
$148,383,434
+16%
Property, Plant, & Equipment (net)
$329,122,651
$316,746,815
-4%
Other Assets
$258,216,843
$324,510,957
+26%
Total Assets
$789,718,250
$867,124,817
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$44,979,119
$48,830,784
+9%
Grants Payable
-
-
-
Deferred Revenue
$30,104,578
$44,436,528
+48%
Tax-Exempt Bond Liabilities
$203,146,583
$200,202,825
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$17,981,332
$19,541,033
+9%
Related-Party Payables
-
-
-
Other Liabilities
$221,839,073
$282,361,957
+27%
Total Liabilities
$518,050,685
$595,373,127
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$25,543,908
$25,640,302
+0%
Unrestricted Net Assets
$246,123,657
$246,111,388
0%
Net assets
2023
2024
Change
Net assets
+$271,667,565
+$271,751,690
+0%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)