DEFIANCE COLLEGE
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$41,570,696
Investments
50%
Property, Plant, & Equipment (net)
42%
Receivables (Non-Related)
8%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$7,909,859
Notes Payable / Debt (Non-Related)
79%
Payables & Accruals
13%
Other Liabilities
5%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,077,067
$33,709
-97%
Receivables (Non-Related)
$999,626
$3,363,443
+236%
Related-Party Receivables
-
$0
-
Inventories
$37,556
$29,609
-21%
Prepaid Expenses
$285,822
$108,596
-62%
Investments
$20,420,458
$20,731,896
+2%
Property, Plant, & Equipment (net)
$18,159,914
$17,303,443
-5%
Other Assets
-
-
-
Total Assets
$40,980,443
$41,570,696
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,064,819
$1,058,908
-1%
Grants Payable
-
$0
-
Deferred Revenue
$184,910
$174,155
-6%
Tax-Exempt Bond Liabilities
-
$0
-
Custodial & Escrow Liabilities
-
$0
-
Notes Payable / Debt (Non-Related)
$5,700,028
$6,272,220
+10%
Related-Party Payables
-
$0
-
Other Liabilities
$584,206
$404,576
-31%
Total Liabilities
$7,533,963
$7,909,859
+5%
Net assets
2023
2024
Change
Restricted Net Assets
$20,776,588
$21,344,492
+3%
Unrestricted Net Assets
$12,669,892
$12,316,345
-3%
Net assets
2023
2024
Change
Net assets
+$33,446,480
+$33,660,837
+1%
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