WAKE FOREST UNIVERSITY
WAKE FOREST UNIVERSITY
WAKE FOREST UNIVERSITY
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$2,804,123,401
Investments
65%
Property, Plant, & Equipment (net)
27%
Receivables (Non-Related)
5%
Cash & Equivalents
1%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$816,627,859
Notes Payable / Debt (Non-Related)
38%
Tax-Exempt Bond Liabilities
30%
Other Liabilities
14%
Deferred Revenue
10%
Payables & Accruals
6%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$59,977,242
$34,616,280
-42%
Receivables (Non-Related)
$147,121,210
$149,593,512
+2%
Related-Party Receivables
-
-
-
Inventories
$841,896
$1,145,943
+36%
Prepaid Expenses
$6,179,658
$8,380,357
+36%
Investments
$1,685,629,675
$1,834,842,454
+9%
Property, Plant, & Equipment (net)
$728,541,500
$752,352,085
+3%
Other Assets
$26,867,943
$23,192,770
-14%
Total Assets
$2,655,159,124
$2,804,123,401
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$51,876,837
$51,007,411
-2%
Grants Payable
-
-
-
Deferred Revenue
$73,530,983
$84,205,133
+15%
Tax-Exempt Bond Liabilities
$250,056,162
$248,637,935
-1%
Custodial & Escrow Liabilities
$2,432,107
$6,665,360
+174%
Notes Payable / Debt (Non-Related)
$309,717,509
$310,727,589
+0%
Related-Party Payables
-
-
-
Other Liabilities
$114,906,033
$115,384,431
+0%
Total Liabilities
$802,519,631
$816,627,859
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$1,028,279,317
$1,066,491,731
+4%
Unrestricted Net Assets
$824,360,176
$921,003,811
+12%
Net assets
2023
2024
Change
Net assets
+$1,852,639,493
+$1,987,495,542
+7%
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