St. Francis College Donor Report 2015-2016 | Page 31

St. Francis College Statement of Activities
For the year ended June 30, 2016, with summarized totals for 2015. Please note that this is an unaudited statement. Final numbers will be available
on the St. Francis College website at sfc.edu/terrier.

T O TA L

UN RE S T RI C T ED

T EM P O R A RILY
RE S T RI C T ED

P ERM A N EN T LY
RE S T RI C T ED

2016

2015

$60,523,072

$—

$—

$60,523,072

$57,611,431

(20,727,859)

—

—

(20,727,859)

(18,432,938)

(301,015)

—

—

(301,015)

(298,709)

39,494,199

—

—

39,494,199

38,879,784

519,848

—

—

519,848

511,945

Operating gifts and private grants

1,472,879

1 ,515,625

—

2,988,504

4,027,928

Investment return used for operations

3,464,781

—

—

3,464,781

3,666,017

Other

2,131,937

—

—

2,131,937

2,185,900

Net assets released from restrictions

1,144,306

(1,144,306)

—

(0)

—

48,227,950

371,319

—

48,599,269

49,271,574

19,701,540

—

—

19,701,540

19,639,519

4,417,462

—

—

4,417,462

4,743,401

Student services

11,634,339

—

—

11,634,339

10,814,378

Institutional support

12,984,876

—

—

12,984,876

12,323,352

48,738,217

—

—

48,738,217

47,520,650

(510,267)

371,319

—

(138,948)

1,750,924

Gifts and private grants

(196,768)

97,780

284,843

180,855

954,885

Campaign expenses

(689,088)

—

—

(689,088)

(753,918)

Capital project expenses

(463,371)

—

—

(463,371)

(585,120)

(3,787,769)

70,506

—

(3,717,263)

(2,522,326)

(609,407)

—

—

(609,407)

(613,083)

Changes in net assets from nonoperating activities

(5,746,402)

163,286

28 4,8 43

(5,298,273)

(3,519,562)

Changes in net assets

(6,256,669)

534,605

28 4,8 43

(5,437,221)

(1,768,638)

76,620,473

11,075,397

12,128,330

99,824,200

101,592,838

$70,363,804

$11,610,002

$12,413,173

$94,386,979

$99,824,199

O PER ATIN G RE V ENUE S A ND SUP P O RT
Student tuition and fees
College scholarships
Federal financial assistance
Net tuition and fees
Government appropriations

Total operating revenues and support
O P E R AT I N G E X P E N S E S
Instruction
Academic support

Total operating expenses
Changes in net assets from operating activities
N O N O P E R AT I N G A C T I V I T I E S

Investment return net of amounts in support of operations
Early retirement expense

Net assets, beginning of year
Net assets, end of year

S T. FR A NC I S COL L EGE  |  2015–2016 A NNUA L DONOR R EPOR T 

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