VIRGINIA HORSE CENTER FOUNDATION
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$23,011,986
Property, Plant, & Equipment (net)
85%
Investments
8%
Cash & Equivalents
6%
Receivables (Non-Related)
<1%
Inventories
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$9,821,599
Notes Payable / Debt (Non-Related)
90%
Payables & Accruals
4%
Other Liabilities
3%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,452,007
$1,409,527
-3%
Receivables (Non-Related)
$82,783
$170,213
+106%
Related-Party Receivables
-
-
-
Inventories
$68,181
$63,929
-6%
Prepaid Expenses
$39,922
$39,536
-1%
Investments
$1,874,580
$1,821,757
-3%
Property, Plant, & Equipment (net)
$18,990,984
$19,502,145
+3%
Other Assets
$4,879
$4,879
+0%
Total Assets
$22,513,336
$23,011,986
+2%
Liabilities
2024
2025
Change
Payables & Accruals
$429,407
$438,896
+2%
Grants Payable
-
-
-
Deferred Revenue
$74,753
$238,334
+219%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$9,664,756
$8,836,843
-9%
Related-Party Payables
-
-
-
Other Liabilities
$340,453
$307,526
-10%
Total Liabilities
$10,509,369
$9,821,599
-7%
Net assets
2024
2025
Change
Restricted Net Assets
$1,975,716
$1,784,198
-10%
Unrestricted Net Assets
$10,028,251
$11,406,189
+14%
Net assets
2024
2025
Change
Net assets
+$12,003,967
+$13,190,387
+10%
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