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THOMAS MORE UNIVERSITY INC

THOMAS MORE UNIVERSITY INC

CRESTVIEW HILLS, KY, US
501(c)(3)
EIN
61-0448560
School
Subordinate Organization
funder logo

THOMAS MORE UNIVERSITY INC

CRESTVIEW HILLS, KY, US
501(c)(3)
EIN
61-0448560
School
Subordinate Organization

Balance Sheet

Fiscal Year Start:
Jun 1
Assets in 2024 (Year End)

$108,985,905

Property, Plant, & Equipment (net)
43%
Investments
43%
Receivables (Non-Related)
8%
Other Assets
5%
Prepaid Expenses
<1%
Related-Party Receivables
<1%
Cash & Equivalents
0%
Inventories
0%
Liabilities in 2024 (Year End)

$52,001,105

Notes Payable / Debt (Non-Related)
73%
Other Liabilities
13%
Payables & Accruals
11%
Deferred Revenue
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,911,329
-
-
Receivables (Non-Related)
$8,877,939
$8,963,850
+1%
Related-Party Receivables
-
$100,000
-
Inventories
-
-
-
Prepaid Expenses
$1,711,886
$843,302
-51%
Investments
$42,936,069
$46,517,913
+8%
Property, Plant, & Equipment (net)
$30,295,236
$47,025,699
+55%
Other Assets
$5,556,804
$5,535,141
0%
Total Assets
$91,289,263
$108,985,905
+19%
Liabilities
2023
2024
Change
Payables & Accruals
$3,138,632
$5,628,227
+79%
Grants Payable
-
-
-
Deferred Revenue
$917,961
$1,942,883
+112%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$20,109,453
$37,785,909
+88%
Related-Party Payables
-
-
-
Other Liabilities
$6,178,348
$6,644,086
+8%
Total Liabilities
$30,344,394
$52,001,105
+71%
Net assets
2023
2024
Change
Restricted Net Assets
$33,349,719
$41,582,251
+25%
Unrestricted Net Assets
$27,595,150
$15,402,549
-44%
Net assets
2023
2024
Change
Net assets
+$60,944,869
+$56,984,800
-6%
Balance Sheet
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