North Dakota State University Foundation
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$688,411,663
Investments
84%
Receivables (Non-Related)
7%
Cash & Equivalents
5%
Property, Plant, & Equipment (net)
4%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$47,753,068
Notes Payable / Debt (Non-Related)
49%
Other Liabilities
21%
Tax-Exempt Bond Liabilities
17%
Payables & Accruals
6%
Grants Payable
5%
Custodial & Escrow Liabilities
3%
Deferred Revenue
<1%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$15,730,114
$32,746,619
+108%
Receivables (Non-Related)
$53,170,634
$46,332,903
-13%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$413,598
$362,929
-12%
Investments
$528,962,116
$581,051,656
+10%
Property, Plant, & Equipment (net)
$27,421,344
$26,149,450
-5%
Other Assets
$1,707,994
$1,768,106
+4%
Total Assets
$627,405,800
$688,411,663
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$2,914,122
$2,709,327
-7%
Grants Payable
$279,049
$2,176,310
+680%
Deferred Revenue
$6,028
$10,564
+75%
Tax-Exempt Bond Liabilities
$8,915,000
$8,190,000
-8%
Custodial & Escrow Liabilities
$1,154,926
$1,289,465
+12%
Notes Payable / Debt (Non-Related)
$30,231,070
$23,342,000
-23%
Related-Party Payables
-
-
-
Other Liabilities
$8,987,910
$10,035,402
+12%
Total Liabilities
$52,488,105
$47,753,068
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$543,342,405
$606,415,250
+12%
Unrestricted Net Assets
$31,575,290
$34,243,345
+8%
Net assets
2023
2024
Change
Net assets
+$574,917,695
+$640,658,595
+11%
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