Logo for "WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT"

WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT

WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT

Detroit, MI, US
501(c)3
EIN
41-2061387
Regional Funder
Logo for "WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT"

WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT

Detroit, MI, US
501(c)3
EIN
41-2061387
Regional Funder

Balance Sheet

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

$20,872,657

Other Assets
34%
Investments
33%
Receivables (Non-Related)
17%
Cash & Equivalents
16%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$4,862,831

Deferred Revenue
62%
Payables & Accruals
29%
Notes Payable / Debt (Non-Related)
9%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,576,417
$3,386,442
-5%
Receivables (Non-Related)
$15,435,118
$3,458,293
-78%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$40,298
$39,509
-2%
Investments
$6,831,415
$6,831,415
+0%
Property, Plant, & Equipment (net)
$150,920
$50,060
-67%
Other Assets
-
$7,106,938
-
Total Assets
$26,034,168
$20,872,657
-20%
Liabilities
2023
2024
Change
Payables & Accruals
$1,411,566
$1,411,338
0%
Grants Payable
-
-
-
Deferred Revenue
$10,000
$3,004,255
+29943%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$810,000
$430,000
-47%
Related-Party Payables
-
-
-
Other Liabilities
$58,472
$17,238
-71%
Total Liabilities
$2,290,038
$4,862,831
+112%
Net assets
2023
2024
Change
Restricted Net Assets
$8,774,524
$0
-100%
Unrestricted Net Assets
$14,969,606
$16,009,826
+7%
Net assets
2023
2024
Change
Net assets
+$23,744,130
+$16,009,826
-33%
Balance Sheet
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