Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$10,272,785,034
Investments
95%
Receivables (Non-Related)
5%
Cash & Equivalents
<1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$9,206,393,075
Other Liabilities
94%
Payables & Accruals
6%
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%
Assets
2024
2025
Change
Cash & Equivalents
$35,450,111
$37,173,598
+5%
Receivables (Non-Related)
$24,068,275
$482,138,764
+1903%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$1,771,155
$1,946,002
+10%
Investments
$9,152,323,595
$9,748,513,012
+7%
Property, Plant, & Equipment (net)
$3,823,500
$3,013,658
-21%
Other Assets
$0
$0
-
Total Assets
$9,217,436,636
$10,272,785,034
+11%
Liabilities
2024
2025
Change
Payables & Accruals
$47,317,001
$516,116,796
+991%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
$0
-
Other Liabilities
$8,452,957,581
$8,690,276,279
+3%
Total Liabilities
$8,500,274,582
$9,206,393,075
+8%
Net assets
2024
2025
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2024
2025
Change
Net assets
+$717,162,054
+$1,066,391,959
+49%