Assets
|
2019
|
2018
|
Current assets
|
|
|
| Cash and Cash Equivalents |
$14,385,909 |
$9,500,995 |
| Other Current Assets |
714,998 |
296,767 |
|
| Total Current Assets |
$15,100,907 |
$9,797,762 |
Non-current Assets
|
|
|
|
Other assets
|
$2,141,224 |
1,498,020 |
| Investments |
110,3011240 |
110,216,347 |
| Student Notes Receivable, Net |
2,430,663 |
2,669,576 |
| Land, Buildings and Equipment, Net |
12,087,723 |
11,473,549 |
|
| Total Other Assets |
$126,960,880 |
$125,857,492 |
Total Assets
|
$142,061,787
|
$135,655,254
|
Liabilities and Net Assets
|
Current Liabilities
|
| Other Current Liabilities |
$2,781,683 |
$2,358,697 |
| Notes Payable & Line of Credit, Current Portion |
2,824,109 |
2,518,806 |
|
| Total Current Liabilities |
$5,605,792 |
$4,877,503 |
Long-Term Liabilities
|
| Other Long Term Liabilities |
$7,266,634 |
7,190,619 |
| Notes Payable, Net of Current Portion |
4,797,763 |
4,921,872 |
|
| Total Long-Term Liabilities |
$12,064,397 |
$12,112,491 |
Total Liabilities
|
$17,670,189
|
$16,989,994
|
Net assets
|
| Without Donor Restrictions |
$6,007,917 |
$5,704,877 |
| With Donor Restrictions |
118,383,681 |
112,960,383 |
|
| Total Net Assets |
$124,391,598 |
$118,665,260 |
Total Liabilities and Net Assets
|
$142,061,787
|
$135,655,254
|