| 2025 * | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Statement of Net Position ($000) | |||||
| Cash & Short-Term Investments | 45,780 | 43,329 | 44,241 | 39,547 | 34,776 |
| Total Assets | 235,670 | 224,289 | 216,845 | 201,676 | 194,164 |
| Total Debt | 52,230 | 48,054 | 48,211 | 45,555 | 46,223 |
| Total Liabilities | 123,913 | 116,672 | 112,673 | 111,531 | 117,931 |
| Total Unrestricted Net Assets | 306 | -1,380 | -3,081 | -6,517 | -10,468 |
| Total Net Assets | 80,031 | 74,905 | 65,268 | 51,733 | 44,412 |
| Statement of Revenues, Expenses and Changes in Net Position ($000) | |||||
| Net Tuition Rev | 9,886 | 9,853 | 9,230 | 8,832 | 9,735 |
| Total Operating Exp | 86,808 | 78,486 | 75,189 | 76,433 | 75,707 |
| Adjusted Net Operating Income | -7,415 | -4,835 | -4,256 | -4,725 | -7,054 |
| Revenue Over Expenses | 6,199 | 6,619 | 6,415 | 8,739 | 4,580 |
| Liquidity | |||||
| Unrestricted Resources to Operations % | 0.60 | -2.21 | -7.05 | -9.56 | -19.53 |
| Unrestricted Resources to Debt % | 0.73 | -1.70 | -4.39 | -8.81 | -17.39 |
| Expendable Resources to Operations % | 18.58 | 18.34 | 15.75 | 7.90 | -3.47 |
| Expendable Resources to Debt % | 25.77 | 22.39 | 15.57 | 8.87 | -3.55 |
| Capital | |||||
| Average Age of Plant | 13.56 | 13.57 | 13.64 | 14.57 | 14.38 |
| Long-Term Debt / Capitalization % | 36.3 | 38.2 | 41.8 | 44.1 | 48.6 |
| Total Debt / Capitalization % | 40.18 | 43.27 | 46.44 | 49.11 | 53.46 |
| Leverage | |||||
| Current Debt Service Cov | 2.23 | 2.28 | 2.36 | 2.59 | 2.07 |
| Financial Condition | |||||
| EBIDA Margin % | 16.72 | 17.70 | 17.59 | 18.68 | 15.09 |
| Adjusted Operating Margin % | -11.74 | -7.40 | -7.73 | -9.03 | -11.41 |
| Profit Margin % | 6.94 | 8.24 | 7.78 | 10.67 | 6.80 |
| Profile | |||||
| Total Headcount | 6,998 | 6,579 | 6,519 | 6,828 | 6,798 |
| Total Full-Time Equivalent Students | 3,906 | 3,860 | 3,650 | 3,660 | 3,830 |
| Tuition: Resident | 3,405 | 3,288 | 3,204 | 3,190 | 3,165 |
| Tuition: Non-Resident | 8,372 | 8,114 | 7,704 | 7,560 | 7,643 |
| Tuition Dependence % | 12.69 | 13.17 | 13.39 | 13.84 | 14.46 |
| Statement of Net Position ($000) | |
|---|---|
| Cash & Short-Term Investments | |
| 2025 * | 45,780 |
| 2024 | 43,329 |
| 2023 | 44,241 |
| 2022 | 39,547 |
| 2021 | 34,776 |
| Total Assets | |
| 2025 * | 235,670 |
| 2024 | 224,289 |
| 2023 | 216,845 |
| 2022 | 201,676 |
| 2021 | 194,164 |
| Total Debt | |
| 2025 * | 52,230 |
| 2024 | 48,054 |
| 2023 | 48,211 |
| 2022 | 45,555 |
| 2021 | 46,223 |
| Total Liabilities | |
| 2025 * | 123,913 |
| 2024 | 116,672 |
| 2023 | 112,673 |
| 2022 | 111,531 |
| 2021 | 117,931 |
| Total Unrestricted Net Assets | |
| 2025 * | 306 |
| 2024 | -1,380 |
| 2023 | -3,081 |
| 2022 | -6,517 |
| 2021 | -10,468 |
| Total Net Assets | |
| 2025 * | 80,031 |
| 2024 | 74,905 |
| 2023 | 65,268 |
| 2022 | 51,733 |
| 2021 | 44,412 |
| Statement of Revenues, Expenses and Changes in Net Position ($000) | |
| Net Tuition Rev | |
| 2025 * | 9,886 |
| 2024 | 9,853 |
| 2023 | 9,230 |
| 2022 | 8,832 |
| 2021 | 9,735 |
| Total Operating Exp | |
| 2025 * | 86,808 |
| 2024 | 78,486 |
| 2023 | 75,189 |
| 2022 | 76,433 |
| 2021 | 75,707 |
| Adjusted Net Operating Income | |
| 2025 * | -7,415 |
| 2024 | -4,835 |
| 2023 | -4,256 |
| 2022 | -4,725 |
| 2021 | -7,054 |
| Revenue Over Expenses | |
| 2025 * | 6,199 |
| 2024 | 6,619 |
| 2023 | 6,415 |
| 2022 | 8,739 |
| 2021 | 4,580 |
| Liquidity | |
| Unrestricted Resources to Operations % | |
| 2025 * | 0.60 |
| 2024 | -2.21 |
| 2023 | -7.05 |
| 2022 | -9.56 |
| 2021 | -19.53 |
| Unrestricted Resources to Debt % | |
| 2025 * | 0.73 |
| 2024 | -1.70 |
| 2023 | -4.39 |
| 2022 | -8.81 |
| 2021 | -17.39 |
| Expendable Resources to Operations % | |
| 2025 * | 18.58 |
| 2024 | 18.34 |
| 2023 | 15.75 |
| 2022 | 7.90 |
| 2021 | -3.47 |
| Expendable Resources to Debt % | |
| 2025 * | 25.77 |
| 2024 | 22.39 |
| 2023 | 15.57 |
| 2022 | 8.87 |
| 2021 | -3.55 |
| Capital | |
| Average Age of Plant | |
| 2025 * | 13.56 |
| 2024 | 13.57 |
| 2023 | 13.64 |
| 2022 | 14.57 |
| 2021 | 14.38 |
| Long-Term Debt / Capitalization % | |
| 2025 * | 36.3 |
| 2024 | 38.2 |
| 2023 | 41.8 |
| 2022 | 44.1 |
| 2021 | 48.6 |
| Total Debt / Capitalization % | |
| 2025 * | 40.18 |
| 2024 | 43.27 |
| 2023 | 46.44 |
| 2022 | 49.11 |
| 2021 | 53.46 |
| Leverage | |
| Current Debt Service Cov | |
| 2025 * | 2.23 |
| 2024 | 2.28 |
| 2023 | 2.36 |
| 2022 | 2.59 |
| 2021 | 2.07 |
| Financial Condition | |
| EBIDA Margin % | |
| 2025 * | 16.72 |
| 2024 | 17.70 |
| 2023 | 17.59 |
| 2022 | 18.68 |
| 2021 | 15.09 |
| Adjusted Operating Margin % | |
| 2025 * | -11.74 |
| 2024 | -7.40 |
| 2023 | -7.73 |
| 2022 | -9.03 |
| 2021 | -11.41 |
| Profit Margin % | |
| 2025 * | 6.94 |
| 2024 | 8.24 |
| 2023 | 7.78 |
| 2022 | 10.67 |
| 2021 | 6.80 |
| Profile | |
| Total Headcount | |
| 2025 * | 6,998 |
| 2024 | 6,579 |
| 2023 | 6,519 |
| 2022 | 6,828 |
| 2021 | 6,798 |
| Total Full-Time Equivalent Students | |
| 2025 * | 3,906 |
| 2024 | 3,860 |
| 2023 | 3,650 |
| 2022 | 3,660 |
| 2021 | 3,830 |
| Tuition: Resident | |
| 2025 * | 3,405 |
| 2024 | 3,288 |
| 2023 | 3,204 |
| 2022 | 3,190 |
| 2021 | 3,165 |
| Tuition: Non-Resident | |
| 2025 * | 8,372 |
| 2024 | 8,114 |
| 2023 | 7,704 |
| 2022 | 7,560 |
| 2021 | 7,643 |
| Tuition Dependence % | |
| 2025 * | 12.69 |
| 2024 | 13.17 |
| 2023 | 13.39 |
| 2022 | 13.84 |
| 2021 | 14.46 |
* 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.
