SOUTHERN NAZARENE UNIVERSITY FOUNDATION
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$39,064,518
Investments
96%
Cash & Equivalents
4%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$559,149
Grants Payable
94%
Other Liabilities
6%
Payables & Accruals
<1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,062,165
$1,697,054
-18%
Receivables (Non-Related)
$2,560
$19,199
+650%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$32,767,044
$37,338,265
+14%
Property, Plant, & Equipment (net)
$6,000
$6,000
+0%
Other Assets
$4,000
$4,000
+0%
Total Assets
$34,841,769
$39,064,518
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$826
$1,500
+82%
Grants Payable
$935,917
$526,479
-44%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$34,429
$31,170
-9%
Total Liabilities
$971,172
$559,149
-42%
Net assets
2023
2024
Change
Restricted Net Assets
$32,967,484
$37,606,054
+14%
Unrestricted Net Assets
$903,113
$899,315
0%
Net assets
2023
2024
Change
Net assets
+$33,870,597
+$38,505,369
+14%
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