CROWN COLLEGE
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$49,733,662
Property, Plant, & Equipment (net)
61%
Investments
22%
Cash & Equivalents
12%
Other Assets
4%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$19,533,797
Tax-Exempt Bond Liabilities
76%
Deferred Revenue
12%
Other Liabilities
7%
Payables & Accruals
5%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,123,256
$6,040,077
-15%
Receivables (Non-Related)
$744,744
$224,965
-70%
Related-Party Receivables
-
-
-
Inventories
$30,497
$40,224
+32%
Prepaid Expenses
$457,459
$547,429
+20%
Investments
$10,927,314
$10,978,091
+0%
Property, Plant, & Equipment (net)
$27,684,579
$30,102,957
+9%
Other Assets
$1,519,741
$1,799,919
+18%
Total Assets
$48,487,590
$49,733,662
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$3,909,520
$927,998
-76%
Grants Payable
-
-
-
Deferred Revenue
$2,489,703
$2,420,829
-3%
Tax-Exempt Bond Liabilities
$11,590,785
$14,830,623
+28%
Custodial & Escrow Liabilities
$24,135
$20,095
-17%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,591,867
$1,334,252
-16%
Total Liabilities
$19,606,010
$19,533,797
0%
Net assets
2023
2024
Change
Restricted Net Assets
$10,499,803
$12,380,830
+18%
Unrestricted Net Assets
$18,381,777
$17,819,035
-3%
Net assets
2023
2024
Change
Net assets
+$28,881,580
+$30,199,865
+5%
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