FACULTY-STUDENT ASSOCIATION OF ADIRONDACK COMMUNITY COLLEGE INC

FACULTY-STUDENT ASSOCIATION OF ADIRONDACK COMMUNITY COLLEGE INC

QUEENSBURY, NY, US
501(c)(3)
EIN
14-6038858

FACULTY-STUDENT ASSOCIATION OF ADIRONDACK COMMUNITY COLLEGE INC

QUEENSBURY, NY, US
501(c)(3)
EIN
14-6038858

Balance Sheet

Fiscal Year Start:
Jun 1
Assets in 2024 (Year End)

$26,769,343

Property, Plant, & Equipment (net)
63%
Cash & Equivalents
19%
Other Assets
16%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$21,270,918

Tax-Exempt Bond Liabilities
97%
Other Liabilities
1%
Deferred Revenue
<1%
Payables & Accruals
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,821,370
$4,966,897
+3%
Receivables (Non-Related)
$324,066
$473,913
+46%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$10,648
$13,999
+31%
Investments
-
-
-
Property, Plant, & Equipment (net)
$17,562,657
$16,980,728
-3%
Other Assets
$3,580,183
$4,333,806
+21%
Total Assets
$26,298,924
$26,769,343
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$241,711
$123,879
-49%
Grants Payable
-
-
-
Deferred Revenue
$137,500
$178,000
+29%
Tax-Exempt Bond Liabilities
$21,240,000
$20,655,000
-3%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$401,488
$314,039
-22%
Total Liabilities
$22,020,699
$21,270,918
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$4,278,225
$5,498,425
+29%
Net assets
2023
2024
Change
Net assets
+$4,278,225
+$5,498,425
+29%
Balance Sheet
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