Southern Virginia University
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$40,773,838
Property, Plant, & Equipment (net)
71%
Cash & Equivalents
11%
Receivables (Non-Related)
11%
Investments
4%
Other Assets
1%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$15,501,631
Notes Payable / Debt (Non-Related)
69%
Deferred Revenue
12%
Other Liabilities
11%
Payables & Accruals
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,423,288
$4,581,033
-29%
Receivables (Non-Related)
$2,476,254
$4,544,203
+84%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$523,883
$483,689
-8%
Investments
$1,406,957
$1,688,575
+20%
Property, Plant, & Equipment (net)
$29,176,707
$28,980,605
-1%
Other Assets
$572,869
$495,733
-13%
Total Assets
$40,579,958
$40,773,838
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$1,760,360
$1,181,036
-33%
Grants Payable
$0
$0
-
Deferred Revenue
$1,913,114
$1,889,567
-1%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$7,513,253
$10,765,752
+43%
Related-Party Payables
$3,495,157
$0
-100%
Other Liabilities
$2,913,104
$1,665,276
-43%
Total Liabilities
$17,594,988
$15,501,631
-12%
Net assets
2023
2024
Change
Restricted Net Assets
$5,888,624
$8,111,768
+38%
Unrestricted Net Assets
$17,096,346
$17,160,439
+0%
Net assets
2023
2024
Change
Net assets
+$22,984,970
+$25,272,207
+10%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)