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Community College Medians

2023 * 2022 2021 2020 2019
Statement of Net Position ($000)
Cash & Short-Term Investments 45,478 40,338 35,134 29,915 27,330
Total Assets 221,920 204,186 194,309 179,242 172,395
Total Debt 50,106 49,142 46,380 38,399 38,574
Total Liabilities 119,277 113,503 119,151 110,400 107,799
Total Unrestricted Net Assets -3,426 -6,474 -10,633 -15,171 -17,260
Total Net Assets 67,279 52,186 44,615 41,326 38,263
Statement of Revenues, Expenses and Changes in Net Position ($000)
Net Tuition Rev 9,504 8,952 9,759 10,716 11,095
Total Operating Exp 77,170 77,170 75,805 73,002 71,914
Adjusted Net Operating Income -4,086 -4,728 -7,064 -7,058 -6,979
Revenue Over Expenses 6,637 8,826 4,551 1,372 635
Liquidity
Unrestricted Resources to Operations % -6.93 -9.55 -19.63 -26.61 -29.17
Unrestricted Resources to Debt % -4.53 -8.77 -17.43 -25.14 -28.13
Expendable Resources to Operations % 14.77 7.92 -3.73 -12.21 -16.80
Expendable Resources to Debt % 15.57 9.05 -4.20 -11.94 -15.87
Capital
Average Age of Plant 13.63 14.62 14.41 14.09 13.47
Long-Term Debt / Capitalization % 41.8 44.2 48.7 48.8 49.1
Total Debt / Capitalization % 46.34 49.23 53.64 53.99 54.07
Leverage
Current Debt Service Cov 2.34 2.59 2.07 1.37 1.34
Financial Condition
EBIDA Margin % 17.64 18.63 15.11 10.72 10.29
Adjusted Operating Margin % -7.31 -9.02 -11.41 -11.75 -12.06
Profit Margin % 7.98 10.69 6.79 2.07 0.91
Profile
Total Headcount 6,724 6,846 6,873 7,551 7,645
Total Full-Time Equivalent Students 3,669 3,687 3,817 4,106 4,193
Tuition: Resident 3,204 3,200 3,174 3,110 3,038
Tuition: Non-Resident 7,704 7,572 7,635 7,464 7,296
Tuition Dependence % 13.49 13.39 14.58 15.85 16.95
Statement of Net Position ($000)
Cash & Short-Term Investments
2023 * 45,478
2022 40,338
2021 35,134
2020 29,915
2019 27,330
Total Assets
2023 * 221,920
2022 204,186
2021 194,309
2020 179,242
2019 172,395
Total Debt
2023 * 50,106
2022 49,142
2021 46,380
2020 38,399
2019 38,574
Total Liabilities
2023 * 119,277
2022 113,503
2021 119,151
2020 110,400
2019 107,799
Total Unrestricted Net Assets
2023 * -3,426
2022 -6,474
2021 -10,633
2020 -15,171
2019 -17,260
Total Net Assets
2023 * 67,279
2022 52,186
2021 44,615
2020 41,326
2019 38,263
Statement of Revenues, Expenses and Changes in Net Position ($000)
Net Tuition Rev
2023 * 9,504
2022 8,952
2021 9,759
2020 10,716
2019 11,095
Total Operating Exp
2023 * 77,170
2022 77,170
2021 75,805
2020 73,002
2019 71,914
Adjusted Net Operating Income
2023 * -4,086
2022 -4,728
2021 -7,064
2020 -7,058
2019 -6,979
Revenue Over Expenses
2023 * 6,637
2022 8,826
2021 4,551
2020 1,372
2019 635
Liquidity
Unrestricted Resources to Operations %
2023 * -6.93
2022 -9.55
2021 -19.63
2020 -26.61
2019 -29.17
Unrestricted Resources to Debt %
2023 * -4.53
2022 -8.77
2021 -17.43
2020 -25.14
2019 -28.13
Expendable Resources to Operations %
2023 * 14.77
2022 7.92
2021 -3.73
2020 -12.21
2019 -16.80
Expendable Resources to Debt %
2023 * 15.57
2022 9.05
2021 -4.20
2020 -11.94
2019 -15.87
Capital
Average Age of Plant
2023 * 13.63
2022 14.62
2021 14.41
2020 14.09
2019 13.47
Long-Term Debt / Capitalization %
2023 * 41.8
2022 44.2
2021 48.7
2020 48.8
2019 49.1
Total Debt / Capitalization %
2023 * 46.34
2022 49.23
2021 53.64
2020 53.99
2019 54.07
Leverage
Current Debt Service Cov
2023 * 2.34
2022 2.59
2021 2.07
2020 1.37
2019 1.34
Financial Condition
EBIDA Margin %
2023 * 17.64
2022 18.63
2021 15.11
2020 10.72
2019 10.29
Adjusted Operating Margin %
2023 * -7.31
2022 -9.02
2021 -11.41
2020 -11.75
2019 -12.06
Profit Margin %
2023 * 7.98
2022 10.69
2021 6.79
2020 2.07
2019 0.91
Profile
Total Headcount
2023 * 6,724
2022 6,846
2021 6,873
2020 7,551
2019 7,645
Total Full-Time Equivalent Students
2023 * 3,669
2022 3,687
2021 3,817
2020 4,106
2019 4,193
Tuition: Resident
2023 * 3,204
2022 3,200
2021 3,174
2020 3,110
2019 3,038
Tuition: Non-Resident
2023 * 7,704
2022 7,572
2021 7,635
2020 7,464
2019 7,296
Tuition Dependence %
2023 * 13.49
2022 13.39
2021 14.58
2020 15.85
2019 16.95

* 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.