National Board of Medical Examiners
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$457,188,976
Investments
79%
Property, Plant, & Equipment (net)
10%
Other Assets
4%
Prepaid Expenses
3%
Receivables (Non-Related)
2%
Cash & Equivalents
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$88,503,471
Deferred Revenue
41%
Tax-Exempt Bond Liabilities
27%
Payables & Accruals
18%
Other Liabilities
14%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$22,293,240
$7,573,951
-66%
Receivables (Non-Related)
$8,856,235
$8,270,602
-7%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$11,176,381
$12,771,636
+14%
Investments
$347,068,657
$363,279,310
+5%
Property, Plant, & Equipment (net)
$45,346,552
$45,851,671
+1%
Other Assets
$10,103,459
$19,441,806
+92%
Total Assets
$444,844,524
$457,188,976
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$16,254,006
$16,323,013
+0%
Grants Payable
-
-
-
Deferred Revenue
$37,883,803
$36,698,734
-3%
Tax-Exempt Bond Liabilities
$25,175,208
$23,467,658
-7%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$39,826,510
$12,014,066
-70%
Total Liabilities
$119,139,527
$88,503,471
-26%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$325,704,997
$368,685,505
+13%
Net assets
2023
2024
Change
Net assets
+$325,704,997
+$368,685,505
+13%
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