THE UNIVERSITY OF THE VIRGIN ISLANDS
Balance Sheet
Fiscal Year Start:
Oct 1
Assets in 2023 (Year End)
$202,580,023
Property, Plant, & Equipment (net)
53%
Investments
15%
Other Assets
15%
Receivables (Non-Related)
9%
Cash & Equivalents
8%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2023 (Year End)
$115,888,377
Other Liabilities
92%
Notes Payable / Debt (Non-Related)
3%
Deferred Revenue
3%
Payables & Accruals
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2022
2023
Change
Cash & Equivalents
$15,742,835
$16,931,215
+8%
Receivables (Non-Related)
$13,188,830
$17,418,907
+32%
Related-Party Receivables
-
-
-
Inventories
$322,912
$312,039
-3%
Prepaid Expenses
$827,198
$953,670
+15%
Investments
$21,362,169
$30,547,934
+43%
Property, Plant, & Equipment (net)
$88,712,994
$106,640,650
+20%
Other Assets
$17,125,280
$29,775,608
+74%
Total Assets
$157,282,218
$202,580,023
+29%
Liabilities
2022
2023
Change
Payables & Accruals
$1,997,103
$1,566,484
-22%
Grants Payable
-
-
-
Deferred Revenue
$2,555,602
$3,672,769
+44%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$12,763,300
$3,921,004
-69%
Related-Party Payables
-
-
-
Other Liabilities
$104,518,769
$106,728,120
+2%
Total Liabilities
$121,834,774
$115,888,377
-5%
Net assets
2022
2023
Change
Restricted Net Assets
$17,707,627
$66,422,734
+275%
Unrestricted Net Assets
$17,739,817
$20,268,912
+14%
Net assets
2022
2023
Change
Net assets
+$35,447,444
+$86,691,646
+145%
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