Concord University Alumni Magazine - Fall 2025

CASH FLOW

June 30, 2024 and June 30, 2025

Operating Activities Changes in Net Assets

2025

2024

9,672,053

4,972,730

Depreciation

195

618

Net realized and unrealized (gains) losses on investments Change in value of split interest agreements Change in funds held in trust by others Contributions restricted for long-term investment and capital projects

(4,760,779)

(4,431,956)

(21,779) (69,259)

6,865

(129,400)

(3,598,211)

(303,885)

(Increase) decrease in operating assets: Contributions Receivable

28,344 (3,033)

26,671

Other receivable

917

Inventory

26

35

Dividends and interest receivable

4,364

(10,957)

Prepaid Expenses Accounts payable

-

39,892

71,036

(83,581) 553,546

Amounts held on behalf of others

190,656

Net Cash provided from (used in) operating activities

$1,513,613

$641,495

Investment Activities

2025

2024

Sales & Maturities of Investments Purchase of Investments Net Cash from Investing

2,292,282

1,463,916

(6,977,098)

(2,221,838)

$(4,684,816) $(757,922)

Financing Activities

2025

2024

Contributions Restricted for long-term investment

3,598,211 (6,900)

303,885 (6,900)

Annuity Agreements

Net Cash provided by financing activities

$3,591,311

$296,985

Net increase (decrease) in cash and cash equivalents

$420,108

$180,558

Cash & Cash Equivalents

2025

2024 731,782 912,340

Beginning

912,340

Ending

1,332,448

*Supplemental Disclosure Reconciliation of cash, cash equivalents & restricted cash to the statements of financial positions:

2025 517,743 814,705

2024

Cash & Cash Equivalents

573,785 338,555

Restricted cash for long-term investment & by agency relationships

$1,332,448

$912,340

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CONCORD UNIVERSITY MAGAZINE