LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION

LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION

Farmville, VA, US
501(c)3
EIN
20-1612906

LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION

Farmville, VA, US
501(c)3
EIN
20-1612906

Balance Sheet

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

$298,140,860

Property, Plant, & Equipment (net)
72%
Other Assets
24%
Cash & Equivalents
2%
Prepaid Expenses
2%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$334,657,692

Tax-Exempt Bond Liabilities
87%
Notes Payable / Debt (Non-Related)
9%
Payables & Accruals
3%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,725,882
$6,956,152
+47%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$130,411
$5,686,195
+4260%
Investments
-
-
-
Property, Plant, & Equipment (net)
$217,474,644
$213,225,903
-2%
Other Assets
$79,153,550
$72,272,610
-9%
Total Assets
$301,484,487
$298,140,860
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$9,216,292
$9,041,118
-2%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$292,435,000
$291,835,000
0%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$31,269,126
$31,649,192
+1%
Related-Party Payables
-
-
-
Other Liabilities
$2,150,061
$2,132,382
-1%
Total Liabilities
$335,070,479
$334,657,692
0%
Net assets
2023
2024
Change
Restricted Net Assets
$429,778
$3,085,086
+618%
Unrestricted Net Assets
-$34,015,770
-$39,601,918
-16%
Net assets
2023
2024
Change
Net assets
-$33,585,992
-$36,516,832
-9%
Balance Sheet
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