2020 *2019201820172016
Statement of Net Position ($000)
Cash & Short-Term Investments42,25827,53128,33326,07623,698
Total Assets259,022176,001167,395163,402155,452
Total Debt81,47743,08142,92438,93840,171
Total Liabilities194,742112,262111,04598,00292,644
Total Unrestricted Net Assets-18,717-17,546-16,528-6,525-4,274
Total Net Assets50,01539,02736,71150,30148,036
Statement of Revenues, Expenses and Changes in Net Position ($000)
Net Tuition Rev12,58611,12011,70711,35610,970
Total Operating Exp107,40574,71775,37073,48074,941
Adjusted Net Operating Income-8,730-6,920-6,516-7,995-7,790
Revenue Over Expenses1,5805911,101413731
Liquidity
Unrestricted Resources to Operations %-27.24-29.18-29.40-13.42-10.51
Unrestricted Resources to Debt %-21.69-27.46-28.02-13.03-9.15
Expendable Resources to Operations %-11.61-16.81-17.41-1.301.77
Expendable Resources to Debt %-9.96-16.12-15.10-1.350.81
Capital
Average Age of Plant13.3213.3612.9612.6312.28
Long-Term Debt / Capitalization %57.149.652.048.647.1
Total Debt / Capitalization %63.7455.2455.9952.7552.09
Leverage
Current Debt Service Cov1.221.351.451.261.47
Financial Condition
EBIDA Margin %11.2810.3010.169.2710.84
Adjusted Operating Margin %-11.08-11.97-10.83-14.26-13.21
Profit Margin %1.540.911.900.831.73
Profile
Total Headcount9,8707,7387,6607,8157,744
Total Full-Time Equivalent Students5,5344,2054,1964,1954,250
Tuition: Resident3,2193,0983,0002,8142,768
Tuition: Non-Resident7,4767,1426,7846,4866,413
Tuition Dependence %14.9316.9117.0717.8617.15
* Median values are based upon the number of audits received at any given point in time. Therefore, the median values for the most recent year(s) are subject to frequent updating and may not yet accurately characterize the median values of a complete sample size.