Statement of Financial Position

Statement of Financial Position (June 30, 2023)

Cash and Cash Equivalents	$64,570,373
Contributions Receivable, Net	36,176,651
Investments	164,061,401
Investments – Deferred Compensation Plans	139,195
Charitable Remainder Trusts	695,522
Tuition and Fees Receivable, Net	19,654,379
Accounts and Notes Receivable, Net	149,627
Inventories, Prepaid Expenses and Other Assets	612,204
Property, Plant, Equipment and Projects in Progress, Net	80,577,841
Total Assets	$366,637,193

Liabilities
Accounts Payable	$3,367,808
Accrued Payroll	2,381,901
Accrued Interest and Other Liabilities	328,356
Deferred Tuition and Fees	29,290,768
Debt, Net of Unamortized Bond Issuance Costs	2,305,834
Total Liabilities	$37,674,667

Net Assets
Without Donor Restrictions	$101,285,799
With Donor Restrictions	227,676,727
Total Net Assets	$328,962,526

Total Liabilities and Net Assets	$366,637,193