Statement of Financial Position (June 30, 2020)

Assets

Cash and Cash Equivalents 
$31,763,870
Contributions Receivable, Net 9,919,226
Investments 134,848,100
Investments – Deferred Compensation Plans 465,710
Charitable Remainder Trusts 1,167,673
Tuition and Fees Receivable, Net 15,982,985
Accounts and Notes Receivable, Net 35,114
Inventories, Prepaid Expenses and Other Assets 436,456
Property, Plant, Equipment and Projects in Progress, Net 80,746,389
Total Assets $275,365,523

Liabilities & Net Assets


Liabilities
 
Accounts Payable $2,634,865
Accrued Payroll 2,250,096
Accrued Interest and Other Liabilities 502,037
Deferred Tuition and Fees 25,270,224
Debt, Net of Unamortized Bond Issuance Costs 3,047,118
Total Liabilities $33,704,340


 
Net Assets
 
Without Donor Restrictions $98,180,924
With Donor Restrictions  143,480,259
Total Net Assets $241,661,183
 
 
Total Liabilities and Net Assets $275,365,523