COVID-19 Updates
Updated April 1, 2021

We will continue remote teaching this summer with an expectation to return to classrooms in Fall 2021. See details. 

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Financial Statement

FY 2019 Audited Financial Statements Summary Report

Cambridge College has fulfilled its responsibility for the preparation and fair presentation of the financial statements in accordance with U.S. GAAP, generally acceptable accounting principles. The Statement of Financial Position (Balance Sheet) shows the College had $86 million in total assets at year-end August 31, 2019 and total liabilities of $25 million with $61 million in net assets available. The Statement of Activities (Income Statement) showed the College’s operations generated $33 million in revenue while incurring operating expenses of $33 million ending the year in a balanced position. Its overall change in net assets after including non-operating activity decreased by $6 million.

View 2019 Financial Statement

FY 2020 Audited Financial Statements Summary Report

Cambridge College has fulfilled its responsibility for the preparation and fair presentation of the financial statements in accordance with U.S. GAAP, generally acceptable accounting principles. The Statement of Financial Position (Balance Sheet) shows the College had $85 million in total assets at year-end August 31, 2020 and total liabilities of $28 million with $57 million in net assets available. The Statement of Activities (Income Statement) showed the College’s operations generated $36 million in revenue while incurring operating expenses of $36 million ending the year in a balanced position. Its overall change in net assets after including non-operating activity decreased by $3 million.

View 2020 Financial Statement