Assets
|
2018
|
2017
|
Current assets
|
|
|
| Cash and Cash Equivalents |
$9,500,995 |
$14,535,878 |
| Other Current Assets |
296,767 |
158,551 |
|
| Total Current Assets |
$9,797,762 |
$14,694,429 |
Non-current Assets
|
|
|
|
Other assets
|
1,498,020 |
1,443,591 |
| Investments |
110,216,347 |
97,429,803 |
| Student Notes Receivable, Net |
2,669,576 |
2,794,820 |
| Land, Buildings and Equipment, Net |
11,473,549 |
11,528,664 |
|
| Total Other Assets |
$125,857,492 |
$113,196,878 |
Total Assets
|
$135,655,254
|
$127,891,307
|
Liabilities and Net Assets
|
Current Liabilities
|
| Other Current Liabilities |
$2,358,697 |
$2,442,375 |
| Notes Payable & Line of Credit, Current Portion |
2,518,806 |
2,513,729 |
|
| Total Current Liabilities |
$4,877,503 |
$4,956,104 |
Long-Term Liabilities
|
| Other Long Term Liabilities |
7,190,619 |
7,691,030 |
| Notes Payable, Net of Current Portion |
4,921,872 |
5,040,678 |
|
| Total Long-Term Liabilities |
$12,112,491 |
$12,731,708 |
Total Liabilities
|
$16,989,994
|
$17,687,812
|
Net assets
|
| Unrestricted |
$5,704,877 |
$7,691,030 |
| Temporarily Restricted |
23,013,470 |
19,482,913 |
| Permanently Restricted |
89,946,913 |
84,055,619 |
|
| Total Net Assets |
$118,665,260 |
$110,203,495 |
Total Liabilities and Net Assets
|
$135,655,254
|
$127,891,807
|