2020 *2019201820172016
Statement of Net Position ($000)
Cash & Short-Term Investments39,21627,35528,28025,84423,494
Total Assets286,623175,254166,701162,817155,432
Total Debt86,68046,32842,98440,12040,296
Total Liabilities213,378110,737110,70197,23291,774
Total Unrestricted Net Assets-13,567-17,468-16,488-6,298-4,224
Total Net Assets53,29138,75936,75450,42447,652
Statement of Revenues, Expenses and Changes in Net Position ($000)
Net Tuition Rev18,53811,19311,64811,33310,920
Total Operating Exp122,81074,71775,27973,44474,133
Adjusted Net Operating Income-8,698-7,037-6,427-7,923-7,691
Revenue Over Expenses2,4084821,110394722
Liquidity
Unrestricted Resources to Operations %-12.07-29.15-29.25-13.31-10.75
Unrestricted Resources to Debt %-9.66-27.16-27.90-13.03-9.15
Expendable Resources to Operations %0.96-16.81-17.38-1.261.77
Expendable Resources to Debt %0.31-15.65-15.00-1.350.81
Capital
Average Age of Plant13.6313.3612.9812.6212.27
Long-Term Debt / Capitalization %60.051.552.148.747.1
Total Debt / Capitalization %64.5256.2356.0052.8552.15
Leverage
Current Debt Service Cov1.211.311.451.261.47
Financial Condition
EBIDA Margin %12.1210.2910.229.2310.71
Adjusted Operating Margin %-10.19-11.66-10.71-14.18-13.14
Profit Margin %2.840.701.890.721.76
Profile
Total Headcount10,9647,7617,6467,7927,732
Total Full-Time Equivalent Students6,8814,2134,1684,1774,127
Tuition: Resident3,4373,0573,0002,8082,760
Tuition: Non-Resident6,7426,9716,7836,4806,386
Tuition Dependence %16.8817.0317.0017.8617.08
* 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.