METROPOLITAN COLLEGE OF NEW YORK
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$76,110,845
Property, Plant, & Equipment (net)
77%
Investments
10%
Cash & Equivalents
9%
Receivables (Non-Related)
3%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$63,077,073
Tax-Exempt Bond Liabilities
97%
Payables & Accruals
2%
Deferred Revenue
<1%
Other Liabilities
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,722,988
$7,044,764
+309%
Receivables (Non-Related)
$4,500,903
$2,623,000
-42%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$256,624
$340,302
+33%
Investments
$16,126,262
$7,295,378
-55%
Property, Plant, & Equipment (net)
$60,273,836
$58,322,919
-3%
Other Assets
$149,041
$484,482
+225%
Total Assets
$83,029,654
$76,110,845
-8%
Liabilities
2023
2024
Change
Payables & Accruals
$989,165
$1,042,590
+5%
Grants Payable
-
-
-
Deferred Revenue
$203,700
$386,151
+90%
Tax-Exempt Bond Liabilities
$61,360,052
$61,279,431
0%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$346,717
$368,901
+6%
Total Liabilities
$62,899,634
$63,077,073
+0%
Net assets
2023
2024
Change
Restricted Net Assets
$4,385,599
$4,315,135
-2%
Unrestricted Net Assets
$15,744,421
$8,718,637
-45%
Net assets
2023
2024
Change
Net assets
+$20,130,020
+$13,033,772
-35%
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