ASBURY COLLEGE
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$184,366,354
Property, Plant, & Equipment (net)
47%
Investments
46%
Receivables (Non-Related)
4%
Cash & Equivalents
3%
Other Assets
<1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$13,796,728
Notes Payable / Debt (Non-Related)
34%
Tax-Exempt Bond Liabilities
33%
Payables & Accruals
17%
Other Liabilities
10%
Deferred Revenue
6%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$9,730,202
$5,331,730
-45%
Receivables (Non-Related)
$4,443,841
$7,209,584
+62%
Related-Party Receivables
-
-
-
Inventories
$225,540
$272,020
+21%
Prepaid Expenses
$151,713
$239,855
+58%
Investments
$77,642,477
$84,657,827
+9%
Property, Plant, & Equipment (net)
$83,469,832
$86,284,618
+3%
Other Assets
$973,988
$370,720
-62%
Total Assets
$176,637,593
$184,366,354
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$2,565,927
$2,391,040
-7%
Grants Payable
-
-
-
Deferred Revenue
$725,215
$793,040
+9%
Tax-Exempt Bond Liabilities
$4,928,257
$4,581,966
-7%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,028,212
$4,711,239
-6%
Related-Party Payables
-
-
-
Other Liabilities
$1,500,937
$1,319,443
-12%
Total Liabilities
$14,748,548
$13,796,728
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$76,781,202
$80,425,695
+5%
Unrestricted Net Assets
$85,107,843
$90,143,931
+6%
Net assets
2023
2024
Change
Net assets
+$161,889,045
+$170,569,626
+5%
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