Statement of Financial Position

Statement of Financial Position (June 30, 2025)

Liabilities
Accounts Payable	$4,425,699
Accrued Payroll	2,453,112
Accrued Interest and Other Liabilities	371,514
Deferred Tuition and Fees	31,216,767
Debt, Net of Unamortized Bond Issuance Costs	3,274,103
Total Liabilities	$41,741,195

Net Assets
Without Donor Restrictions	$153,089,805
With Donor Restrictions	225,398,863
Total Net Assets	$378,488,668

Total Liabilities and Net Assets	$420,229,863

Cash and Cash Equivalents	$31,910,491
Contributions Receivable, Net	27,168,580
Investments	199,981,661
Investments – Deferred Compensation Plans	228,816
Charitable Remainder Trusts	919,001
Tuition and Fees Receivable, Net	23,254,156
Accounts and Notes Receivable, Net	7,125
Inventories, Prepaid Expenses and Other Assets	549,453
Property, Plant, Equipment and Projects in Progress, Net	136,210,580
Total Assets	$420,229,863