GREAT LAKES COLLEGES ASSOCIATION INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$19,403,941
Investments
85%
Cash & Equivalents
13%
Receivables (Non-Related)
1%
Other Assets
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$227,283
Payables & Accruals
55%
Other Liabilities
45%
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
$2,619,162
$2,539,590
-3%
Receivables (Non-Related)
$124,491
$259,716
+109%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$74,232
$26,386
-64%
Investments
$15,291,773
$16,462,053
+8%
Property, Plant, & Equipment (net)
$13,088
$11,923
-9%
Other Assets
$199,094
$104,273
-48%
Total Assets
$18,321,840
$19,403,941
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$81,250
$124,261
+53%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$198,147
$103,022
-48%
Total Liabilities
$279,397
$227,283
-19%
Net assets
2023
2024
Change
Restricted Net Assets
$11,378,274
$12,264,668
+8%
Unrestricted Net Assets
$6,664,169
$6,911,990
+4%
Net assets
2023
2024
Change
Net assets
+$18,042,443
+$19,176,658
+6%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)