TRUETT MCCONNELL UNIVERSITY INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$54,837,317
Property, Plant, & Equipment (net)
71%
Investments
17%
Cash & Equivalents
6%
Other Assets
5%
Receivables (Non-Related)
2%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$27,219,875
Notes Payable / Debt (Non-Related)
89%
Payables & Accruals
5%
Other Liabilities
4%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,392,315
$3,274,657
-49%
Receivables (Non-Related)
$943,380
$1,226,256
+30%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$9,119,734
$9,120,678
+0%
Property, Plant, & Equipment (net)
$38,519,551
$38,672,610
+0%
Other Assets
$2,344,742
$2,543,116
+8%
Total Assets
$57,319,722
$54,837,317
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$1,494,455
$1,289,397
-14%
Grants Payable
-
-
-
Deferred Revenue
$395,250
$478,381
+21%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$24,822,255
$24,349,687
-2%
Related-Party Payables
-
-
-
Other Liabilities
$612,130
$1,102,410
+80%
Total Liabilities
$27,324,090
$27,219,875
0%
Net assets
2023
2024
Change
Restricted Net Assets
$9,047,413
$8,225,154
-9%
Unrestricted Net Assets
$20,948,219
$19,392,288
-7%
Net assets
2023
2024
Change
Net assets
+$29,995,632
+$27,617,442
-8%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)