Page 37 - TMCF 2023 Annual Report

Assets
Thurgood Marshall College Fund and Affiliates
Consolidated Statements of Financial Position December 31, 2023 and 2022
2023
2022
61,574,459 28,872 2,011,359 7,098,132 43,545,862 - 771,353 1,872,887 3,218
Cash and cash equivalents
Accounts receivable
Government grants receivable
Grants and contributions receivable, net
Investments 47,477,644
Prepaid expenses and other assets Right-of-use asset – operating lease Deferred compensation asset Security deposit
Total assets
Liabilities and Net Assets
Liabilities
Accounts payable and accrued expenses Deferred revenue
Lease liability – operating lease Deferred compensation liability
Total liabilities
Net Assets
Without donor restrictions: Undesignated Board-designated reserve fund
Total without donor restrictions With donor restrictions:
Purpose restrictions Endowments
Total with donor restrictions Total net assets
Total liabilities and net assets
44,061 463,869 2,207,459 -
124,067,321
2,703,410 - 506,107 2,207,459
5,416,976
4,552,204 34,574,093
39,126,297
77,467,897 2,056,151
79,524,048 118,650,345 124,067,321
$ 116,906,142
$
$
$
49,153,414 39,502 1,546,886 23,134,486
$
$
2,585,624 238,799 954,875
1,872,887 5,652,185
15,565,135 31,861,850
47,426,985
62,219,091 1,607,881
63,826,972 111,253,957 116,906,142
$
$
See accompanying notes.
4
THURGOOD MARSHALL COLLEGE FUND 37