Albert Einstein College of Medicine
Albert Einstein College of Medicine
Albert Einstein College of Medicine
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,988,710,623
Investments
57%
Property, Plant, & Equipment (net)
19%
Cash & Equivalents
13%
Other Assets
6%
Receivables (Non-Related)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$465,465,467
Tax-Exempt Bond Liabilities
33%
Notes Payable / Debt (Non-Related)
26%
Other Liabilities
23%
Payables & Accruals
13%
Deferred Revenue
6%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$60,904,042
$255,549,525
+320%
Receivables (Non-Related)
$111,826,704
$79,090,560
-29%
Related-Party Receivables
$0
$0
-
Inventories
$0
-
-
Prepaid Expenses
$7,487,732
$8,794,459
+17%
Investments
$296,603,835
$1,137,467,499
+283%
Property, Plant, & Equipment (net)
$389,141,230
$387,129,609
-1%
Other Assets
$114,633,454
$120,678,971
+5%
Total Assets
$980,596,997
$1,988,710,623
+103%
Liabilities
2023
2024
Change
Payables & Accruals
$52,355,682
$58,979,002
+13%
Grants Payable
$0
-
-
Deferred Revenue
$51,373,786
$26,805,867
-48%
Tax-Exempt Bond Liabilities
$156,626,776
$153,021,274
-2%
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$125,226,567
$119,861,308
-4%
Related-Party Payables
$0
$0
-
Other Liabilities
$107,182,564
$106,798,016
0%
Total Liabilities
$492,765,375
$465,465,467
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$427,208,837
$1,472,125,234
+245%
Unrestricted Net Assets
$60,622,785
$51,119,922
-16%
Net assets
2023
2024
Change
Net assets
+$487,831,622
+$1,523,245,156
+212%
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