AMERICAN COUNCIL ON EDUCATION
Balance Sheet
Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$94,252,664
Investments
69%
Cash & Equivalents
16%
Property, Plant, & Equipment (net)
8%
Other Assets
3%
Receivables (Non-Related)
2%
Prepaid Expenses
1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$18,915,361
Deferred Revenue
54%
Other Liabilities
26%
Payables & Accruals
20%
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
$13,682,436
$14,635,746
+7%
Receivables (Non-Related)
$4,868,211
$2,162,610
-56%
Related-Party Receivables
-
-
-
Inventories
$15,909
$13,779
-13%
Prepaid Expenses
$1,163,896
$1,358,677
+17%
Investments
$56,887,855
$65,002,871
+14%
Property, Plant, & Equipment (net)
$8,302,557
$8,011,144
-4%
Other Assets
$3,148,948
$3,067,837
-3%
Total Assets
$88,069,812
$94,252,664
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$3,798,793
$3,843,529
+1%
Grants Payable
-
-
-
Deferred Revenue
$11,146,309
$10,245,493
-8%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$4,755,276
$4,826,339
+1%
Total Liabilities
$19,700,378
$18,915,361
-4%
Net assets
2023
2024
Change
Restricted Net Assets
$8,234,123
$6,835,772
-17%
Unrestricted Net Assets
$60,135,311
$68,501,531
+14%
Net assets
2023
2024
Change
Net assets
+$68,369,434
+$75,337,303
+10%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)