funder logo

Mount Vernon Nazarene University

Mount Vernon Nazarene University

Mount Vernon, OH, US
501(c)3
EIN
31-0725957
School
Regional Funder
Subordinate Organization
funder logo

Mount Vernon Nazarene University

Mount Vernon, OH, US
501(c)3
EIN
31-0725957
School
Regional Funder
Subordinate Organization

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)

$98,370,027

Property, Plant, & Equipment (net)
57%
Investments
34%
Cash & Equivalents
5%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)

$9,908,109

Tax-Exempt Bond Liabilities
69%
Payables & Accruals
17%
Deferred Revenue
13%
Other Liabilities
1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$7,974,107
$4,750,454
-40%
Receivables (Non-Related)
$2,425,545
$2,955,659
+22%
Related-Party Receivables
$0
$0
-
Inventories
$151,130
$132,814
-12%
Prepaid Expenses
$897,555
$706,955
-21%
Investments
$32,551,179
$33,314,495
+2%
Property, Plant, & Equipment (net)
$56,978,205
$56,482,632
-1%
Other Assets
$27,267
$27,018
-1%
Total Assets
$101,004,988
$98,370,027
-3%
Liabilities
2024
2025
Change
Payables & Accruals
$1,944,800
$1,663,142
-14%
Grants Payable
-
-
-
Deferred Revenue
$1,478,173
$1,250,091
-15%
Tax-Exempt Bond Liabilities
$7,018,280
$6,855,716
-2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$56,079
-
-
Related-Party Payables
$0
$0
-
Other Liabilities
$268,191
$139,160
-48%
Total Liabilities
$10,765,523
$9,908,109
-8%
Net assets
2024
2025
Change
Restricted Net Assets
$26,572,210
$30,107,771
+13%
Unrestricted Net Assets
$63,667,255
$58,354,147
-8%
Net assets
2024
2025
Change
Net assets
+$90,239,465
+$88,461,918
-2%
Balance Sheet
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