INDEPENDENT COLLEGES OF WASHINGTON
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$4,366,897
Cash & Equivalents
60%
Investments
26%
Other Assets
10%
Inventories
3%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2025 (Year End)
$1,614,363
Grants Payable
68%
Other Liabilities
28%
Payables & Accruals
5%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,519,230
$2,606,127
+3%
Receivables (Non-Related)
$35,250
$59,500
+69%
Related-Party Receivables
-
-
-
Inventories
$123,750
$123,750
+0%
Prepaid Expenses
-
$12,000
-
Investments
$1,038,498
$1,121,398
+8%
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$111,141
$444,122
+300%
Total Assets
$3,827,869
$4,366,897
+14%
Liabilities
2024
2025
Change
Payables & Accruals
$65,324
$73,984
+13%
Grants Payable
$909,994
$1,092,790
+20%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$126,843
$447,589
+253%
Total Liabilities
$1,102,161
$1,614,363
+46%
Net assets
2024
2025
Change
Restricted Net Assets
$1,584,443
$1,475,636
-7%
Unrestricted Net Assets
$1,141,265
$1,276,898
+12%
Net assets
2024
2025
Change
Net assets
+$2,725,708
+$2,752,534
+1%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)