Statement of Financial Position

Statement of Financial Position (June 30, 2022)

Cash and Cash Equivalents	$61,318,508
Contributions Receivable, Net	21,601,164
Investments	148,052,945
Investments – Deferred Compensation Plans	104,401
Charitable Remainder Trusts	1,315,168
Tuition and Fees Receivable, Net	12,761,942
Accounts and Notes Receivable, Net	26,644
Inventories, Prepaid Expenses and Other Assets	497,353
Property, Plant, Equipment and Projects in Progress, Net	77,425,714
Total Assets	$323,103,839

Liabilities
Accounts Payable	$1,326,570
Accrued Payroll	2,252,284
Accrued Interest and Other Liabilities	286,902
Deferred Tuition and Fees	27,089,318
Debt, Net of Unamortized Bond Issuance Costs	2,559,595
Total Liabilities	$33,514,669

Net Assets
Without Donor Restrictions	$102,986,819
With Donor Restrictions	186,602,351
Total Net Assets	$289,589,170

Total Liabilities and Net Assets	$323,103,839