|
|
|
|
| Assets | ||
| Cash and cash equivalents |
$1,491,216
|
$5,229,002
|
| Accounts and interest receivable |
1,178,983
|
1,172,331
|
| Inventories, at cost |
462,603
|
506,773
|
| Prepayments and other assets |
2,512,211
|
2,539,966
|
| Contributions receivable |
15,321,075
|
9,973,310
|
| Student loans receivable |
4,068,732
|
3,884,795
|
| Long-term investments |
150,530,086
|
168,384,675
|
| Property and equipment |
146,714,838
|
135,741,606
|
| Accumulated depreciation |
(63,240,534)
|
(58,316,080)
|
| Total assets |
$259,039,210
|
$269,116,378
|
| Liabilities and Net Assets | ||
| Liabilities | ||
| Accounts payable and accrued liabilities |
$7,261,206
|
$7,761,663
|
| Deferred income and deposits |
537,005
|
559,045
|
| Advances from U.S. Government for student loans |
1,951,383
|
1,947,375
|
| Postretirement obligation |
1,760,729
|
1,739,589
|
| Annuities payable |
1,571,571
|
1,880,178
|
| Borrowings and lines of credit |
51,539,462
|
46,959,698
|
| Total liabilities |
$64,621,356
|
$60,847,548
|
| Assets | ||
| Unrestricted |
70,242,476
|
54,549,611
|
| Temporarily restricted |
33,700,376
|
27,881,060
|
| Permanently restricted |
90,475,002
|
125,838,159
|
| Total net assets |
$194,417,854
|
$208,268,830
|
| Total liabilities and net assets |
$259,039,210
|
$269,116,378
|