DAVENPORT UNIVERSITY
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$144,141,892
Property, Plant, & Equipment (net)
66%
Other Assets
16%
Investments
6%
Receivables (Non-Related)
5%
Cash & Equivalents
5%
Prepaid Expenses
2%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$68,905,009
Tax-Exempt Bond Liabilities
46%
Other Liabilities
37%
Deferred Revenue
9%
Payables & Accruals
7%
Notes Payable / Debt (Non-Related)
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,195,512
$6,745,790
+111%
Receivables (Non-Related)
$6,325,504
$6,801,714
+8%
Related-Party Receivables
-
-
-
Inventories
$94,339
$108,185
+15%
Prepaid Expenses
$3,052,073
$3,386,176
+11%
Investments
$15,709,308
$7,929,334
-50%
Property, Plant, & Equipment (net)
$101,328,202
$95,758,563
-5%
Other Assets
$26,101,680
$23,412,130
-10%
Total Assets
$155,806,618
$144,141,892
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$7,867,416
$4,499,942
-43%
Grants Payable
-
-
-
Deferred Revenue
$5,763,540
$6,005,401
+4%
Tax-Exempt Bond Liabilities
$31,514,435
$31,667,738
+0%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,694,696
$1,475,649
-69%
Related-Party Payables
-
-
-
Other Liabilities
$26,874,261
$25,256,279
-6%
Total Liabilities
$76,714,348
$68,905,009
-10%
Net assets
2023
2024
Change
Restricted Net Assets
$1,082,382
$983,382
-9%
Unrestricted Net Assets
$78,009,888
$74,253,501
-5%
Net assets
2023
2024
Change
Net assets
+$79,092,270
+$75,236,883
-5%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)