MidAmerica Nazarene University Foundation
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$31,141,189
Investments
48%
Other Assets
26%
Cash & Equivalents
11%
Property, Plant, & Equipment (net)
10%
Receivables (Non-Related)
5%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$4,974,308
Payables & Accruals
80%
Deferred Revenue
18%
Other Liabilities
2%
Grants Payable
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
$2,593,141
$3,530,080
+36%
Receivables (Non-Related)
$2,206,851
$1,493,742
-32%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$12,775,139
$15,096,189
+18%
Property, Plant, & Equipment (net)
$3,040,422
$3,021,178
-1%
Other Assets
$4,037,020
$8,000,000
+98%
Total Assets
$24,652,573
$31,141,189
+26%
Liabilities
2023
2024
Change
Payables & Accruals
$4,189,945
$3,957,996
-6%
Grants Payable
-
-
-
Deferred Revenue
$603,353
$902,502
+50%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
$0
-
Other Liabilities
$110,961
$113,810
+3%
Total Liabilities
$4,904,259
$4,974,308
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$23,359,061
$29,659,612
+27%
Unrestricted Net Assets
-$3,610,747
-$3,492,731
+3%
Net assets
2023
2024
Change
Net assets
+$19,748,314
+$26,166,881
+33%
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