Franklin College of Indiana
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$157,442,974
Investments
63%
Property, Plant, & Equipment (net)
31%
Cash & Equivalents
4%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$30,032,242
Tax-Exempt Bond Liabilities
60%
Notes Payable / Debt (Non-Related)
21%
Other Liabilities
10%
Deferred Revenue
4%
Payables & Accruals
4%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$4,604,535
$6,444,206
+40%
Receivables (Non-Related)
$3,621,175
$3,452,694
-5%
Related-Party Receivables
$0
$0
-
Inventories
$165,109
$162,727
-1%
Prepaid Expenses
$387,911
$500,996
+29%
Investments
$96,082,367
$98,599,380
+3%
Property, Plant, & Equipment (net)
$49,401,106
$48,060,434
-3%
Other Assets
$217,197
$222,537
+2%
Total Assets
$154,479,400
$157,442,974
+2%
Liabilities
2024
2025
Change
Payables & Accruals
$1,085,955
$1,118,983
+3%
Grants Payable
-
-
-
Deferred Revenue
$1,436,493
$1,329,832
-7%
Tax-Exempt Bond Liabilities
$18,838,287
$18,162,013
-4%
Custodial & Escrow Liabilities
$173,002
$125,345
-28%
Notes Payable / Debt (Non-Related)
$6,900,000
$6,400,000
-7%
Related-Party Payables
$0
$0
-
Other Liabilities
$1,596,929
$2,896,069
+81%
Total Liabilities
$30,030,666
$30,032,242
+0%
Net assets
2024
2025
Change
Restricted Net Assets
$74,250,680
$79,632,001
+7%
Unrestricted Net Assets
$50,198,054
$47,778,731
-5%
Net assets
2024
2025
Change
Net assets
+$124,448,734
+$127,410,732
+2%
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