GEORGIA STATE UNIVERSITY FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$534,177,903
Investments
81%
Other Assets
10%
Receivables (Non-Related)
4%
Cash & Equivalents
3%
Property, Plant, & Equipment (net)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$139,161,915
Tax-Exempt Bond Liabilities
63%
Other Liabilities
31%
Deferred Revenue
4%
Payables & Accruals
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,454,698
$13,583,834
+82%
Receivables (Non-Related)
$24,068,063
$21,866,112
-9%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$20,309
$69,622
+243%
Investments
$409,872,883
$434,789,970
+6%
Property, Plant, & Equipment (net)
$12,608,787
$12,212,689
-3%
Other Assets
$51,000,299
$51,655,676
+1%
Total Assets
$505,025,039
$534,177,903
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$3,962,559
$3,140,338
-21%
Grants Payable
-
-
-
Deferred Revenue
$499,724
$6,196,515
+1140%
Tax-Exempt Bond Liabilities
$92,575,367
$87,016,307
-6%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$31,014,000
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$14,308,392
$42,808,755
+199%
Total Liabilities
$142,360,042
$139,161,915
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$326,954,229
$352,188,490
+8%
Unrestricted Net Assets
$35,710,768
$42,827,498
+20%
Net assets
2023
2024
Change
Net assets
+$362,664,997
+$395,015,988
+9%
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