MARSHALL UNIVERSITY RESEARCH CORPORATION

MARSHALL UNIVERSITY RESEARCH CORPORATION

Huntington, WV, US
501(c)3
EIN
55-0683361
Parent Organization

MARSHALL UNIVERSITY RESEARCH CORPORATION

Huntington, WV, US
501(c)3
EIN
55-0683361
Parent Organization

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$75,248,125

Receivables (Non-Related)
30%
Investments
28%
Cash & Equivalents
21%
Property, Plant, & Equipment (net)
20%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$20,429,327

Deferred Revenue
62%
Payables & Accruals
32%
Notes Payable / Debt (Non-Related)
4%
Other Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,803,493
$15,740,970
+171%
Receivables (Non-Related)
$21,675,181
$22,747,862
+5%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$625,308
$451,645
-28%
Investments
$30,119,543
$21,009,281
-30%
Property, Plant, & Equipment (net)
$11,727,111
$15,298,367
+30%
Other Assets
-
-
-
Total Assets
$69,950,636
$75,248,125
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$7,396,829
$6,620,530
-10%
Grants Payable
$0
$0
-
Deferred Revenue
$15,870,336
$12,694,827
-20%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$965,773
$750,159
-22%
Related-Party Payables
$0
$0
-
Other Liabilities
$295,811
$363,811
+23%
Total Liabilities
$24,528,749
$20,429,327
-17%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$45,421,887
+$54,818,798
+21%
Balance Sheet
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