CARTHAGE COLLEGE
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$440,951,784
Property, Plant, & Equipment (net)
44%
Investments
37%
Receivables (Non-Related)
17%
Related-Party Receivables
<1%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Other Assets
<1%
Inventories
0%
Liabilities in 2024 (Year End)
$127,838,822
Deferred Revenue
52%
Tax-Exempt Bond Liabilities
40%
Payables & Accruals
4%
Other Liabilities
2%
Grants Payable
<1%
Notes Payable / Debt (Non-Related)
<1%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,054,472
$2,074,244
-59%
Receivables (Non-Related)
$63,738,890
$75,452,919
+18%
Related-Party Receivables
-
$3,355,341
-
Inventories
-
-
-
Prepaid Expenses
$1,824,633
$3,068,340
+68%
Investments
$149,699,527
$163,082,731
+9%
Property, Plant, & Equipment (net)
$191,515,147
$193,833,828
+1%
Other Assets
$85,544
$84,381
-1%
Total Assets
$411,918,213
$440,951,784
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$6,535,557
$5,508,176
-16%
Grants Payable
$1,210,433
$1,085,786
-10%
Deferred Revenue
$58,691,723
$66,696,872
+14%
Tax-Exempt Bond Liabilities
$48,288,316
$51,477,071
+7%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$800,000
$836,800
+5%
Related-Party Payables
-
-
-
Other Liabilities
$2,596,689
$2,234,117
-14%
Total Liabilities
$118,122,718
$127,838,822
+8%
Net assets
2023
2024
Change
Restricted Net Assets
$127,154,116
$144,006,169
+13%
Unrestricted Net Assets
$166,641,379
$169,106,793
+1%
Net assets
2023
2024
Change
Net assets
+$293,795,495
+$313,112,962
+7%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)