Naropa University
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$33,135,784
Property, Plant, & Equipment (net)
42%
Other Assets
26%
Investments
14%
Cash & Equivalents
10%
Receivables (Non-Related)
6%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$19,150,147
Other Liabilities
40%
Tax-Exempt Bond Liabilities
21%
Notes Payable / Debt (Non-Related)
15%
Deferred Revenue
12%
Payables & Accruals
11%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,076,659
$3,285,736
+7%
Receivables (Non-Related)
$1,830,203
$2,137,785
+17%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$223,838
$437,528
+95%
Investments
$4,590,608
$4,686,183
+2%
Property, Plant, & Equipment (net)
$14,168,828
$13,898,902
-2%
Other Assets
$11,326,476
$8,689,650
-23%
Total Assets
$35,216,612
$33,135,784
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$2,477,594
$2,193,602
-11%
Grants Payable
-
-
-
Deferred Revenue
$2,209,005
$2,265,983
+3%
Tax-Exempt Bond Liabilities
$4,772,506
$4,076,557
-15%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,500,000
$2,943,375
+18%
Related-Party Payables
-
-
-
Other Liabilities
$8,714,103
$7,670,630
-12%
Total Liabilities
$20,673,208
$19,150,147
-7%
Net assets
2023
2024
Change
Restricted Net Assets
$4,232,558
$5,241,041
+24%
Unrestricted Net Assets
$10,310,846
$8,744,596
-15%
Net assets
2023
2024
Change
Net assets
+$14,543,404
+$13,985,637
-4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)