Assets
|
|
|
Current assets
|
2015
|
2014
|
| Cash and Cash Equivalents |
$7,684,384 |
$6,591,972 |
| Other Current Assets |
349,081 |
673,758 |
|
| Total Current Assets |
$8,033,465 |
$7,265,730 |
Other assets
|
1,667,221 |
2,688,553 |
| Investments |
92,608,358 |
84,883,150 |
| Student Notes Receivable, Net |
2,810,881 |
2,861,930 |
| Land, Buildings and Equipment, Net |
12,519,933 |
12,982,649 |
|
| Total Other Assets |
$109,606,393 |
$103,416,282 |
| Total Assets |
$117,639,858 |
$110,682,012 |
Liabilities and Net Assets
|
Current liabilities
|
| Other Current Liabilities |
$2,785,574 |
$3,078,572 |
| Notes Payable & Line of Credit, Current Portion |
250,862 |
1,390,317 |
|
| Total Current Liabilities |
$3,036,436 |
$4,468,889 |
Long-term liabilities
|
| Other Long Term Liabilities |
3,408,865 |
3,659,041 |
| Notes Payable, Net of Current Portion |
5,514,140 |
5,754,457 |
|
| Total Long-Term Liabilities |
12,365,511 |
13,422,648 |
| Total Liabilities |
$15,401,947 |
$17,891,537 |
Net assets
|
| Unrestricted |
2,967,633 |
762,623 |
| Temporarily Restricted |
18,872,783 |
15,022,833 |
| Permanently Restricted |
80,397,495 |
77,005,019 |
|
| Total Net Assets |
$102,237,911 |
$92,790,475 |
| Total Liabilities and Net Assets |
$117,639,858 |
$110,682,012 |