Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$1,561,703,282
Investments
56%
Cash & Equivalents
20%
Other Assets
13%
Receivables (Non-Related)
10%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$665,230,921
Other Liabilities
97%
Payables & Accruals
3%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$121,285,327
$310,002,733
+156%
Receivables (Non-Related)
$191,233,156
$156,555,632
-18%
Related-Party Receivables
$0
$0
-
Inventories
$589,229
$670,485
+14%
Prepaid Expenses
$5,697,815
$4,487,215
-21%
Investments
$823,722,585
$868,557,705
+5%
Property, Plant, & Equipment (net)
$10,672,449
$11,803,589
+11%
Other Assets
$213,274,830
$209,625,923
-2%
Total Assets
$1,366,475,391
$1,561,703,282
+14%
Liabilities
2024
2025
Change
Payables & Accruals
$13,363,171
$18,447,903
+38%
Grants Payable
$0
$0
-
Deferred Revenue
$1,181,217
$1,151,713
-2%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$498,987,686
$645,631,305
+29%
Total Liabilities
$513,532,074
$665,230,921
+30%
Net assets
2024
2025
Change
Restricted Net Assets
$268,688
$280,191
+4%
Unrestricted Net Assets
$852,674,629
$896,192,170
+5%
Net assets
2024
2025
Change
Net assets
+$852,943,317
+$896,472,361
+5%