WARTBURG COLLEGE
Balance Sheet
Fiscal Year Start:
Jun 1
Assets in 2024 (Year End)
$242,981,582
Investments
47%
Property, Plant, & Equipment (net)
43%
Cash & Equivalents
6%
Receivables (Non-Related)
2%
Other Assets
1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$83,243,739
Tax-Exempt Bond Liabilities
81%
Payables & Accruals
7%
Deferred Revenue
6%
Other Liabilities
4%
Notes Payable / Debt (Non-Related)
2%
Grants Payable
<1%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$19,171,076
$15,656,253
-18%
Receivables (Non-Related)
$4,261,378
$4,868,611
+14%
Related-Party Receivables
-
-
-
Inventories
$252,263
$243,206
-4%
Prepaid Expenses
$1,479,429
$1,116,875
-25%
Investments
$103,046,253
$113,394,271
+10%
Property, Plant, & Equipment (net)
$102,994,785
$104,962,491
+2%
Other Assets
$2,933,841
$2,739,875
-7%
Total Assets
$234,139,025
$242,981,582
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$6,819,445
$5,521,831
-19%
Grants Payable
$1,300,468
$749,220
-42%
Deferred Revenue
$4,999,421
$4,793,996
-4%
Tax-Exempt Bond Liabilities
$69,796,653
$67,115,019
-4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,000,000
$2,000,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$3,188,182
$3,063,673
-4%
Total Liabilities
$88,104,169
$83,243,739
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$90,525,805
$97,920,687
+8%
Unrestricted Net Assets
$55,509,051
$61,817,156
+11%
Net assets
2023
2024
Change
Net assets
+$146,034,856
+$159,737,843
+9%
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