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LOUISIANA TECH UNIVERSITY FOUNDATION INC

LOUISIANA TECH UNIVERSITY FOUNDATION INC

RUSTON, LA, US
501(c)(3)
EIN
72-6021176
Regional Funder
funder logo

LOUISIANA TECH UNIVERSITY FOUNDATION INC

RUSTON, LA, US
501(c)(3)
EIN
72-6021176
Regional Funder

Balance Sheet

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

$134,528,157

Investments
62%
Receivables (Non-Related)
17%
Property, Plant, & Equipment (net)
13%
Cash & Equivalents
4%
Other Assets
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$59,231,706

Other Liabilities
72%
Notes Payable / Debt (Non-Related)
27%
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
$4,717,237
$5,579,958
+18%
Receivables (Non-Related)
$21,748,968
$22,987,898
+6%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$116,830
$63,788
-45%
Investments
$79,000,684
$83,504,122
+6%
Property, Plant, & Equipment (net)
$13,452,920
$17,311,334
+29%
Other Assets
$4,957,911
$5,081,057
+2%
Total Assets
$123,994,550
$134,528,157
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$1,468,949
$877,129
-40%
Grants Payable
-
-
-
Deferred Revenue
$8,721,872
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$14,228,343
$15,780,518
+11%
Related-Party Payables
-
-
-
Other Liabilities
$39,870,107
$42,574,059
+7%
Total Liabilities
$64,289,271
$59,231,706
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$57,107,167
$71,605,607
+25%
Unrestricted Net Assets
$2,598,112
$3,690,844
+42%
Net assets
2023
2024
Change
Net assets
+$59,705,279
+$75,296,451
+26%
Balance Sheet
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