SIMPSON UNIVERSITY
Balance Sheet
Fiscal Year Start:
May 1
Assets in 2025 (Year End)
$53,685,746
Property, Plant, & Equipment (net)
65%
Investments
16%
Cash & Equivalents
11%
Receivables (Non-Related)
5%
Other Assets
2%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$33,537,987
Tax-Exempt Bond Liabilities
86%
Notes Payable / Debt (Non-Related)
7%
Other Liabilities
4%
Payables & Accruals
3%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$5,749,188
$6,073,427
+6%
Receivables (Non-Related)
$2,660,307
$2,703,523
+2%
Related-Party Receivables
$0
-
-
Inventories
$24,210
$24,210
+0%
Prepaid Expenses
$55,504
$131,625
+137%
Investments
$8,793,798
$8,648,318
-2%
Property, Plant, & Equipment (net)
$31,571,098
$35,152,213
+11%
Other Assets
$1,517,095
$952,430
-37%
Total Assets
$50,371,200
$53,685,746
+7%
Liabilities
2024
2025
Change
Payables & Accruals
$769,716
$1,041,057
+35%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$28,967,194
$28,986,861
+0%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$441,000
$2,287,014
+419%
Related-Party Payables
$0
-
-
Other Liabilities
$785,804
$1,223,055
+56%
Total Liabilities
$30,963,714
$33,537,987
+8%
Net assets
2024
2025
Change
Restricted Net Assets
$11,678,600
$12,670,289
+8%
Unrestricted Net Assets
$7,728,886
$7,477,470
-3%
Net assets
2024
2025
Change
Net assets
+$19,407,486
+$20,147,759
+4%
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