EASTERN MICHIGAN UNIVERSITY FOUNDATION

EASTERN MICHIGAN UNIVERSITY FOUNDATION

YPSILANTI, MI, US
501(c)(3)
EIN
38-2953297
Single Organization Support

EASTERN MICHIGAN UNIVERSITY FOUNDATION

YPSILANTI, MI, US
501(c)(3)
EIN
38-2953297
Single Organization Support

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$124,405,171

Investments
88%
Receivables (Non-Related)
7%
Cash & Equivalents
4%
Other Assets
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)

$4,222,998

Payables & Accruals
89%
Other Liabilities
11%
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
$4,930,764
$5,295,810
+7%
Receivables (Non-Related)
$3,833,084
$9,329,677
+143%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$97,197,505
$109,592,573
+13%
Property, Plant, & Equipment (net)
$38,154
$48,300
+27%
Other Assets
$176,701
$138,811
-21%
Total Assets
$106,176,208
$124,405,171
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$904,808
$3,753,612
+315%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$454,494
$469,386
+3%
Total Liabilities
$1,359,302
$4,222,998
+211%
Net assets
2023
2024
Change
Restricted Net Assets
$103,588,253
$118,664,913
+15%
Unrestricted Net Assets
$1,228,653
$1,517,260
+23%
Net assets
2023
2024
Change
Net assets
+$104,816,906
+$120,182,173
+15%
Balance Sheet
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