WEST VIRGINIA STATE UNIVERSITY RESEARCH & DEVELOPMENT CORPORATION

WEST VIRGINIA STATE UNIVERSITY RESEARCH & DEVELOPMENT CORPORATION

Institute, WV, US
501(c)3
EIN
55-0708567

WEST VIRGINIA STATE UNIVERSITY RESEARCH & DEVELOPMENT CORPORATION

Institute, WV, US
501(c)3
EIN
55-0708567

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)

$8,278,714

Property, Plant, & Equipment (net)
45%
Cash & Equivalents
28%
Receivables (Non-Related)
21%
Prepaid Expenses
4%
Other Assets
3%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)

$4,292,663

Deferred Revenue
61%
Payables & Accruals
24%
Other Liabilities
15%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$198,580
$2,329,119
+1073%
Receivables (Non-Related)
$1,332,029
$1,715,801
+29%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$331,021
$330,447
0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,912,431
$3,696,256
+27%
Other Assets
$1,681,031
$207,091
-88%
Total Assets
$6,455,092
$8,278,714
+28%
Liabilities
2024
2025
Change
Payables & Accruals
$1,206,083
$1,024,818
-15%
Grants Payable
-
-
-
Deferred Revenue
$1,129,391
$2,615,269
+132%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$652,325
$652,576
+0%
Total Liabilities
$2,987,799
$4,292,663
+44%
Net assets
2024
2025
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2024
2025
Change
Net assets
+$3,467,293
+$3,986,051
+15%
Balance Sheet
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