Northwood University
Northwood University
Northwood University
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$267,602,500
Property, Plant, & Equipment (net)
29%
Other Assets
27%
Investments
26%
Cash & Equivalents
9%
Receivables (Non-Related)
9%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$9,153,027
Payables & Accruals
35%
Deferred Revenue
35%
Other Liabilities
30%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$27,337,196
$24,274,752
-11%
Receivables (Non-Related)
$24,933,328
$23,563,909
-5%
Related-Party Receivables
$0
$0
-
Inventories
$91,566
$95,052
+4%
Prepaid Expenses
$710,394
$911,117
+28%
Investments
$57,902,911
$68,270,960
+18%
Property, Plant, & Equipment (net)
$79,432,681
$77,683,243
-2%
Other Assets
$64,558,241
$72,803,467
+13%
Total Assets
$254,966,317
$267,602,500
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$3,906,010
$3,206,086
-18%
Grants Payable
-
-
-
Deferred Revenue
$3,156,660
$3,174,072
+1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,526
$3,313
-6%
Related-Party Payables
-
-
-
Other Liabilities
$3,898,315
$2,769,556
-29%
Total Liabilities
$10,964,511
$9,153,027
-17%
Net assets
2023
2024
Change
Restricted Net Assets
$108,753,960
$119,591,137
+10%
Unrestricted Net Assets
$135,247,846
$138,858,336
+3%
Net assets
2023
2024
Change
Net assets
+$244,001,806
+$258,449,473
+6%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)