WASHINGTON AND LEE UNIVERSITY
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$2,606,326,104
Investments
79%
Property, Plant, & Equipment (net)
14%
Receivables (Non-Related)
5%
Other Assets
2%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Inventories
<1%
Related-Party Receivables
<1%
Liabilities in 2024 (Year End)
$315,531,798
Tax-Exempt Bond Liabilities
52%
Other Liabilities
23%
Notes Payable / Debt (Non-Related)
20%
Payables & Accruals
5%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$12,771,786
$5,368,236
-58%
Receivables (Non-Related)
$111,471,972
$123,714,616
+11%
Related-Party Receivables
$328,813
$204,356
-38%
Inventories
$1,233,537
$1,199,477
-3%
Prepaid Expenses
$5,736,129
$5,489,851
-4%
Investments
$1,993,020,628
$2,063,104,750
+4%
Property, Plant, & Equipment (net)
$338,425,521
$355,248,572
+5%
Other Assets
$72,624,873
$51,996,246
-28%
Total Assets
$2,535,613,259
$2,606,326,104
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$15,338,104
$14,552,342
-5%
Grants Payable
-
-
-
Deferred Revenue
$836,792
$836,858
+0%
Tax-Exempt Bond Liabilities
$169,924,640
$163,492,705
-4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$64,574,134
$64,346,779
0%
Related-Party Payables
-
-
-
Other Liabilities
$73,098,012
$72,303,114
-1%
Total Liabilities
$323,771,682
$315,531,798
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$1,804,663,251
$1,890,343,945
+5%
Unrestricted Net Assets
$407,178,326
$400,450,361
-2%
Net assets
2023
2024
Change
Net assets
+$2,211,841,577
+$2,290,794,306
+4%
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