BEREA COLLEGE
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$2,105,673,831
Investments
80%
Property, Plant, & Equipment (net)
10%
Cash & Equivalents
6%
Receivables (Non-Related)
3%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$104,775,727
Notes Payable / Debt (Non-Related)
59%
Tax-Exempt Bond Liabilities
17%
Other Liabilities
13%
Payables & Accruals
11%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$119,596,918
$125,662,004
+5%
Receivables (Non-Related)
$100,221,856
$72,800,983
-27%
Related-Party Receivables
$0
$0
-
Inventories
$1,250,900
$1,330,348
+6%
Prepaid Expenses
$2,853,670
$2,768,157
-3%
Investments
$1,532,228,861
$1,674,840,422
+9%
Property, Plant, & Equipment (net)
$210,341,422
$215,206,679
+2%
Other Assets
$10,059,157
$13,065,238
+30%
Total Assets
$1,976,552,784
$2,105,673,831
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$12,616,451
$11,138,917
-12%
Grants Payable
-
-
-
Deferred Revenue
$51,116
$291,493
+470%
Tax-Exempt Bond Liabilities
$20,948,004
$18,216,699
-13%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$61,855,866
$61,855,866
+0%
Related-Party Payables
$0
$0
-
Other Liabilities
$14,238,957
$13,272,752
-7%
Total Liabilities
$109,710,394
$104,775,727
-4%
Net assets
2023
2024
Change
Restricted Net Assets
$879,371,868
$930,007,637
+6%
Unrestricted Net Assets
$987,470,522
$1,070,890,467
+8%
Net assets
2023
2024
Change
Net assets
+$1,866,842,390
+$2,000,898,104
+7%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)