ALBANY LAW SCHOOL
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$107,542,556
Investments
75%
Property, Plant, & Equipment (net)
13%
Other Assets
5%
Receivables (Non-Related)
4%
Cash & Equivalents
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$11,471,216
Tax-Exempt Bond Liabilities
66%
Payables & Accruals
27%
Deferred Revenue
7%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,085,622
$3,252,594
-20%
Receivables (Non-Related)
$6,551,249
$4,298,784
-34%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$256,962
$378,535
+47%
Investments
$75,098,392
$80,723,306
+7%
Property, Plant, & Equipment (net)
$14,855,634
$13,989,636
-6%
Other Assets
$4,717,943
$4,899,701
+4%
Total Assets
$105,565,802
$107,542,556
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$3,861,404
$3,087,595
-20%
Grants Payable
$0
$0
-
Deferred Revenue
$998,649
$825,796
-17%
Tax-Exempt Bond Liabilities
$8,427,487
$7,557,825
-10%
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$13,287,540
$11,471,216
-14%
Net assets
2023
2024
Change
Restricted Net Assets
$59,138,964
$63,126,717
+7%
Unrestricted Net Assets
$33,139,298
$32,944,623
-1%
Net assets
2023
2024
Change
Net assets
+$92,278,262
+$96,071,340
+4%
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