National Council of State Boards of Nursing
Balance Sheet
Fiscal Year Start:
Oct 1
Assets in 2025 (Year End)
$325,674,109
Investments
80%
Cash & Equivalents
11%
Property, Plant, & Equipment (net)
6%
Other Assets
1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$38,585,987
Deferred Revenue
56%
Payables & Accruals
26%
Other Liabilities
11%
Custodial & Escrow Liabilities
4%
Grants Payable
3%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$27,078,510
$34,229,999
+26%
Receivables (Non-Related)
$875,778
$1,874,401
+114%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,891,587
$2,804,283
+48%
Investments
$264,733,875
$261,813,662
-1%
Property, Plant, & Equipment (net)
$18,153,495
$20,520,544
+13%
Other Assets
$4,815,162
$4,431,220
-8%
Total Assets
$317,548,407
$325,674,109
+3%
Liabilities
2024
2025
Change
Payables & Accruals
$9,819,199
$10,112,936
+3%
Grants Payable
$375,036
$1,121,801
+199%
Deferred Revenue
$21,719,008
$21,489,390
-1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$1,429,232
$1,618,332
+13%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$5,086,700
$4,243,528
-17%
Total Liabilities
$38,429,175
$38,585,987
+0%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$279,119,232
$287,088,122
+3%
Net assets
2024
2025
Change
Net assets
+$279,119,232
+$287,088,122
+3%
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