Statement of Financial Position

Assets

 
2018
2017
Cash and Cash Equivalents 
$32,539,186
$38,487,769
Pledges Receivable | Net 15,877,699 18,841,108
Investments 140,070,346 133,123,430
Investments | Deferred Compensation Plans 254,686
Charitable Remainder Trusts 1,057,407 980,731
Accounts and Notes Receivable | Net 7,367 19,853
Inventories | Prepaid Expenses and Other Assets 262,901 799,322
Property, Plant, Equipment and Projects in Progress | Net 63,857,009 51,797,199
Total Assets $253,926,599 $244,049,412

Liabilities & Net Assets


Liabilities
2018
2017
Accounts Payable $2,911,200 $1,908,531
Accrued Payroll 2,136,014 2,072,963
Accrued Interest & Other Liabilities 309,611 47,815
Deferred Tuition & Fees 15,525,083 15,686,396
Debt | Net of Unamortized Bond Issuance Costs 3,510,537 3,734,298
Total Liabilities $24,392,445 $23,450,003


Net Assets
2018
2017
Unrestricted $62,115,265 $50,096,123
Temporarily Restricted 110,232,562 114,064,515
Permanently Restricted 57,186,327 56,438,771
Total Net Assets $229,534,154 $220,599,409
 
 
 
Total Liabilities & Net Assets $253,926,599 $244,049,412