CLEMSON UNIVERSITY RESEARCH FOUNDATION
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$9,188,257
Cash & Equivalents
62%
Investments
24%
Other Assets
7%
Property, Plant, & Equipment (net)
6%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$407,488
Other Liabilities
77%
Payables & Accruals
23%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,746,429
$5,685,674
-16%
Receivables (Non-Related)
$279,896
$37,143
-87%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$93,258
$89,937
-4%
Investments
$1,082,469
$2,212,842
+104%
Property, Plant, & Equipment (net)
$580,167
$561,234
-3%
Other Assets
$774,535
$601,427
-22%
Total Assets
$9,556,754
$9,188,257
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$122,002
$94,151
-23%
Grants Payable
-
-
-
Deferred Revenue
$30,000
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$423,928
$313,337
-26%
Total Liabilities
$575,930
$407,488
-29%
Net assets
2023
2024
Change
Restricted Net Assets
$2,192,105
$2,260,315
+3%
Unrestricted Net Assets
$6,788,719
$6,520,454
-4%
Net assets
2023
2024
Change
Net assets
+$8,980,824
+$8,780,769
-2%
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