How to avoid the Guillotine?
Cloak up in a Habit.
Wrap up in a Habit.
Question: When does (Gross Revenue) - (Expenses) NOT = Profit?
Answer: When you have more money than God and run a Non Profit.
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Unrestricted Cash and Investments:
"Totaled approximately $14.1 billion as of December 31, 2021"
"Totaled approximately $14.1 billion as of December 31, 2021"
If you read through the financial statements, recognize the number listed are in $Millions. So "$14,094 is actually: $14,094,000 cash in a bank.
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$1.5 Billion from Federal Covid CARES ACT to an institution with $15.5 Billion liquid assets.