Vermont Law School
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$49,119,314
Investments
42%
Property, Plant, & Equipment (net)
36%
Receivables (Non-Related)
11%
Cash & Equivalents
7%
Prepaid Expenses
2%
Other Assets
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$23,422,489
Notes Payable / Debt (Non-Related)
75%
Deferred Revenue
13%
Payables & Accruals
7%
Other Liabilities
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,608,678
$3,667,072
-57%
Receivables (Non-Related)
$6,132,346
$5,546,972
-10%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,338,767
$1,222,473
-9%
Investments
$17,791,561
$20,454,314
+15%
Property, Plant, & Equipment (net)
$17,876,068
$17,591,992
-2%
Other Assets
$754,043
$636,491
-16%
Total Assets
$52,501,463
$49,119,314
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$1,137,457
$1,537,431
+35%
Grants Payable
-
-
-
Deferred Revenue
$3,739,317
$3,145,819
-16%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$17,897,656
$17,553,671
-2%
Related-Party Payables
-
-
-
Other Liabilities
$1,487,888
$1,185,568
-20%
Total Liabilities
$24,262,318
$23,422,489
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$18,549,251
$19,403,041
+5%
Unrestricted Net Assets
$9,689,894
$6,293,784
-35%
Net assets
2023
2024
Change
Net assets
+$28,239,145
+$25,696,825
-9%
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