HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY

HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY

HARRISBURG, PA, US
501(c)(3)
EIN
25-1900793
School

HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY

HARRISBURG, PA, US
501(c)(3)
EIN
25-1900793
School

Balance Sheet

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

$213,153,645

Property, Plant, & Equipment (net)
81%
Receivables (Non-Related)
9%
Investments
7%
Other Assets
2%
Cash & Equivalents
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$183,316,938

Tax-Exempt Bond Liabilities
80%
Notes Payable / Debt (Non-Related)
8%
Payables & Accruals
5%
Other Liabilities
5%
Deferred Revenue
3%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$14,970,250
$3,157,779
-79%
Receivables (Non-Related)
$12,449,778
$18,638,888
+50%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$868,026
$694,313
-20%
Investments
$12,985,113
$14,674,512
+13%
Property, Plant, & Equipment (net)
$177,256,403
$171,835,676
-3%
Other Assets
$4,114,912
$4,152,477
+1%
Total Assets
$222,644,482
$213,153,645
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$8,962,070
$9,122,608
+2%
Grants Payable
-
-
-
Deferred Revenue
$5,092,278
$5,248,800
+3%
Tax-Exempt Bond Liabilities
$147,723,036
$146,260,901
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$12,455,163
$14,088,671
+13%
Related-Party Payables
$2,000,000
-
-
Other Liabilities
$8,983,697
$8,595,958
-4%
Total Liabilities
$185,216,244
$183,316,938
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$11,011,366
$14,634,175
+33%
Unrestricted Net Assets
$26,416,872
$15,202,532
-42%
Net assets
2023
2024
Change
Net assets
+$37,428,238
+$29,836,707
-20%
Balance Sheet
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