LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE

LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE

NEW ORLEANS, LA, US
501(c)(3)
EIN
72-1304948

LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE

NEW ORLEANS, LA, US
501(c)(3)
EIN
72-1304948

Balance Sheet

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

$120,868,250

Investments
70%
Receivables (Non-Related)
13%
Cash & Equivalents
12%
Other Assets
4%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$33,144,272

Other Liabilities
61%
Notes Payable / Debt (Non-Related)
31%
Payables & Accruals
8%
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
$14,263,204
$14,032,617
-2%
Receivables (Non-Related)
$13,442,502
$16,219,913
+21%
Related-Party Receivables
-
-
-
Inventories
$90,663
$88,395
-3%
Prepaid Expenses
$385,377
$308,887
-20%
Investments
$74,082,549
$84,269,856
+14%
Property, Plant, & Equipment (net)
$848,926
$543,950
-36%
Other Assets
$7,324,780
$5,404,632
-26%
Total Assets
$110,438,001
$120,868,250
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$2,728,896
$2,583,836
-5%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$10,675,730
$10,396,609
-3%
Related-Party Payables
-
-
-
Other Liabilities
$22,887,971
$20,163,827
-12%
Total Liabilities
$36,292,597
$33,144,272
-9%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$74,145,404
$87,723,978
+18%
Net assets
2023
2024
Change
Net assets
+$74,145,404
+$87,723,978
+18%
Balance Sheet
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