KNOX COLLEGE
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$274,878,074
Investments
63%
Property, Plant, & Equipment (net)
22%
Other Assets
8%
Cash & Equivalents
4%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$55,747,878
Tax-Exempt Bond Liabilities
78%
Payables & Accruals
12%
Other Liabilities
7%
Deferred Revenue
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,592,637
$10,048,818
+80%
Receivables (Non-Related)
$2,747,530
$7,923,896
+188%
Related-Party Receivables
-
-
-
Inventories
$207,666
$209,208
+1%
Prepaid Expenses
$1,260,386
$1,258,522
0%
Investments
$172,681,189
$172,767,612
+0%
Property, Plant, & Equipment (net)
$59,606,784
$59,708,298
+0%
Other Assets
$21,972,608
$22,961,720
+5%
Total Assets
$264,068,800
$274,878,074
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$5,461,963
$6,914,635
+27%
Grants Payable
-
-
-
Deferred Revenue
$491,954
$1,389,523
+182%
Tax-Exempt Bond Liabilities
$44,134,757
$43,598,106
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,820,790
$3,845,614
+1%
Total Liabilities
$53,909,464
$55,747,878
+3%
Net assets
2023
2024
Change
Restricted Net Assets
$164,597,245
$186,765,431
+13%
Unrestricted Net Assets
$45,562,091
$32,364,765
-29%
Net assets
2023
2024
Change
Net assets
+$210,159,336
+$219,130,196
+4%
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