UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION
Pub 78

UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION
Pub 78

Albany, NY, US
501(c)
EIN
36-4619281

UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION
Pub 78

Albany, NY, US
501(c)
EIN
36-4619281

Balance Sheet

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

$39,269,548

Property, Plant, & Equipment (net)
85%
Cash & Equivalents
13%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$1,698,687

Other Liabilities
67%
Payables & Accruals
33%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,850,572
$5,042,028
+4%
Receivables (Non-Related)
$440,343
$720,509
+64%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$184,936
$190,659
+3%
Investments
-
-
-
Property, Plant, & Equipment (net)
$35,154,999
$33,233,775
-5%
Other Assets
$72,198
$82,577
+14%
Total Assets
$40,703,048
$39,269,548
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$512,631
$558,337
+9%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$255,860
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$1,114,401
$1,140,350
+2%
Total Liabilities
$1,882,892
$1,698,687
-10%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$38,820,156
$37,570,861
-3%
Net assets
2023
2024
Change
Net assets
+$38,820,156
+$37,570,861
-3%
Balance Sheet
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