TUSCULUM UNIVERSITY
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$95,737,087
Property, Plant, & Equipment (net)
72%
Investments
22%
Cash & Equivalents
4%
Receivables (Non-Related)
2%
Inventories
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$51,154,601
Notes Payable / Debt (Non-Related)
98%
Other Liabilities
1%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,216,505
$3,460,127
-34%
Receivables (Non-Related)
$4,415,918
$1,764,703
-60%
Related-Party Receivables
-
-
-
Inventories
$367,074
$269,025
-27%
Prepaid Expenses
$187,534
$111,197
-41%
Investments
$21,174,922
$20,600,592
-3%
Property, Plant, & Equipment (net)
$70,589,251
$69,316,170
-2%
Other Assets
$333,194
$215,273
-35%
Total Assets
$102,284,398
$95,737,087
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$516,871
$431,471
-17%
Grants Payable
-
-
-
Deferred Revenue
$36,557
$0
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$50,491,822
$50,099,215
-1%
Related-Party Payables
-
-
-
Other Liabilities
$885,967
$623,915
-30%
Total Liabilities
$51,931,217
$51,154,601
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$25,517,533
$23,353,750
-8%
Unrestricted Net Assets
$24,835,648
$21,228,736
-15%
Net assets
2023
2024
Change
Net assets
+$50,353,181
+$44,582,486
-11%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)