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 |