THE HOWARD UNIVERSITY
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$2,737,036,000
Investments
41%
Property, Plant, & Equipment (net)
30%
Other Assets
18%
Receivables (Non-Related)
6%
Cash & Equivalents
3%
Prepaid Expenses
1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$1,363,167,000
Tax-Exempt Bond Liabilities
59%
Payables & Accruals
17%
Deferred Revenue
9%
Other Liabilities
7%
Notes Payable / Debt (Non-Related)
7%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$205,693,000
$95,789,000
-53%
Receivables (Non-Related)
$216,150,000
$174,289,000
-19%
Related-Party Receivables
-
-
-
Inventories
$6,103,000
$5,972,000
-2%
Prepaid Expenses
$33,030,000
$36,845,000
+12%
Investments
$992,978,000
$1,109,114,000
+12%
Property, Plant, & Equipment (net)
$710,730,000
$816,298,000
+15%
Other Assets
$471,160,000
$498,729,000
+6%
Total Assets
$2,635,844,000
$2,737,036,000
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$196,118,000
$231,283,000
+18%
Grants Payable
-
-
-
Deferred Revenue
$123,613,000
$123,599,000
0%
Tax-Exempt Bond Liabilities
$821,728,000
$811,021,000
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$56,494,000
$97,354,000
+72%
Related-Party Payables
-
-
-
Other Liabilities
$96,564,000
$99,910,000
+3%
Total Liabilities
$1,294,517,000
$1,363,167,000
+5%
Net assets
2023
2024
Change
Restricted Net Assets
$828,453,000
$909,070,000
+10%
Unrestricted Net Assets
$512,874,000
$464,799,000
-9%
Net assets
2023
2024
Change
Net assets
+$1,341,327,000
+$1,373,869,000
+2%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)