Statement of Financial Position

Statement of Financial Position (June 30, 2021)

Cash and Cash Equivalents	$38,274,746
Contributions Receivable, Net	6,426,454
Investments	167,898,903
Investments – Deferred Compensation Plans	697,780
Charitable Remainder Trusts	1,483,648
Tuition and Fees Receivable, Net	15,324,459
Accounts and Notes Receivable, Net	38,513
Inventories, Prepaid Expenses and Other Assets	497,342
Property, Plant, Equipment and Projects in Progress, Net	76,997,109
Total Assets	$307,638,954

Liabilities
Accounts Payable	$765,746
Accrued Payroll	2,344,141
Accrued Interest and Other Liabilities	726,101
Deferred Tuition and Fees	26,060,215
Debt, Net of Unamortized Bond Issuance Costs	2,808,356
Total Liabilities	$32,704,559

Net Assets
Without Donor Restrictions	$103,741,151
With Donor Restrictions	171,193,244
Total Net Assets	$274,934,395

Total Liabilities and Net Assets	$307,638,954