The Numbers Are In (and they’re not looking good): Antioch College’s FY25 Form 990
A breakdown of Antioch College’s FY25 Form 990: an operating deficit exceeding $3.2 million, gross tuition down roughly 16% year-over-year, a composite financial health score of 0.6 (well below the 1.5 passing threshold), a third consecutive going-concern finding from auditors, expendable net assets down nearly $2.35 million to $5.6 million, cash reserves under $1 million, and a $706,203 bad-debt writeoff on unpaid donor pledges.
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