Statement of Financial Position

Statement of Financial Position (June 30, 2024)

Cash and Cash Equivalents	$48,479,114
Contributions Receivable, Net	35,361,636
Investments	181,166,221
Investments – Deferred Compensation Plans	181,321
Charitable Remainder Trusts	763,794
Tuition and Fees Receivable, Net	22,380,009
Accounts and Notes Receivable, Net	5,724
Inventories, Prepaid Expenses and Other Assets	491,782
Property, Plant, Equipment and Projects in Progress, Net	113,146,229
Total Assets	$401,975,830

Liabilities
Accounts Payable	$8,299,777
Accrued Payroll	2,552,138
Accrued Interest and Other Liabilities	367,601
Deferred Tuition and Fees	30,011,260
Debt, Net of Unamortized Bond Issuance Costs	2,044,103
Total Liabilities	$43,274,879

Net Assets
Without Donor Restrictions	$99,150,481
With Donor Restrictions	259,550,470
Total Net Assets	$358,700,951

Total Liabilities and Net Assets	$401,975,830