Rosalind Franklin University of Medicine and Science

Rosalind Franklin University of Medicine and Science

North Chicago, IL, US
501(c)(3)
EIN
36-2181973
School

Rosalind Franklin University of Medicine and Science

North Chicago, IL, US
501(c)(3)
EIN
36-2181973
School

Balance Sheet

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

$308,777,224

Property, Plant, & Equipment (net)
47%
Investments
30%
Other Assets
15%
Receivables (Non-Related)
4%
Cash & Equivalents
2%
Prepaid Expenses
2%
Related-Party Receivables
<1%
Inventories
0%
Liabilities in 2024 (Year End)

$156,279,887

Tax-Exempt Bond Liabilities
36%
Notes Payable / Debt (Non-Related)
32%
Payables & Accruals
14%
Other Liabilities
10%
Deferred Revenue
8%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$13,194,304
$5,919,457
-55%
Receivables (Non-Related)
$13,769,550
$12,850,610
-7%
Related-Party Receivables
$63,578
$84,651
+33%
Inventories
$0
$0
-
Prepaid Expenses
$5,207,909
$5,626,613
+8%
Investments
$88,399,623
$91,719,359
+4%
Property, Plant, & Equipment (net)
$148,408,706
$146,419,140
-1%
Other Assets
$40,550,262
$46,157,394
+14%
Total Assets
$309,593,932
$308,777,224
0%
Liabilities
2023
2024
Change
Payables & Accruals
$19,989,204
$22,043,643
+10%
Grants Payable
$0
-
-
Deferred Revenue
$12,356,346
$12,174,199
-1%
Tax-Exempt Bond Liabilities
$57,030,000
$57,030,000
+0%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$50,732,677
$49,816,764
-2%
Related-Party Payables
$0
$0
-
Other Liabilities
$25,149,529
$15,215,281
-40%
Total Liabilities
$165,257,756
$156,279,887
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$21,228,958
$21,812,246
+3%
Unrestricted Net Assets
$123,107,218
$130,685,091
+6%
Net assets
2023
2024
Change
Net assets
+$144,336,176
+$152,497,337
+6%
Balance Sheet
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