St. Francis College
Statement of Activities
F O R T H E Y E A R E N D E D J U N E 3 0 , 2 011 , W I T H S U M M A R I Z E D T O T A L S F O R 2 01 0
T O TA L
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
4 3, 8 95, 249
$ —
$ —
(12,0 5 6, 8 8 8 )
—
—
(12,0 5 6, 8 8 8 )
(11,0 8 9,4 0 6)
31,838,361
—
—
31,838,361
28,904,001
Government appropriations
1, 24 0, 3 6 5
—
—
1, 24 0, 3 6 5
1,0 4 8 ,695
Gifts and private grants
2,187,5 4 4
270,0 0 8
—
2,457,552
2,0 35,177
Investment return used for operations
3,126, 870
—
—
3, 216, 870
3, 3 0 5,4 42
Other
1,524,479
—
—
1,524,479
1, 323,074
6 67,4 0 4
( 6 67,4 0 4)
—
—
—
40,675,023
(397,396)
—
40,277,627
36,616,389
14,9 91,157
—
—
14,9 91,157
14,132,0 93
Academic support
4,113,45 8
—
—
4,113,45 8
3, 8 62,6 0 8
Student services
8 ,9 93,578
—
—
8 ,9 93,578
8 , 8 42,92 9
10,5 6 6,6 62
—
—
10,5 6 6,6 62
9,978 ,472
38,664,855
—
—
38,664,855
36,816,102
2,010,168
(397,396)
—
1,612,772
(199,713)
2,179,726
4 0, 2 0 6
14 3, 2 25
2, 3 6 3,157
792, 8 9 0
247,0 0 0
(247,0 0 0 )
—
—
—
Campaign expenses
( 9 07,9 8 4)
—
—
( 9 07,9 8 4)
( 9 0 3, 378 )
Capital project expenses
(371,677)
—
—
(371,677)
(3 3 4,115)
Investment return in excess of amounts used to support
operations
5, 32 2,9 4 6
1,95 6,0 69
—
7, 279,015
2,5 3 4, 8 5 0
Early retirement expense
(12 9,492)
—
—
(12 9,492)
(23 6,713 )
Change in net assets from nonoperating activities
6,340,519
1,749,275
143,225
8,233,019
1,853,534
Changes in net assets
8,350,687
1,351,879
143,225
9,8 45,791
1,653,821
72,037,694
3,4 48,593
9,930,829
85,417,116
83,763,295
$ 80,388,381
$ 4,800,472
$ 10,074,054
$ 95,262,907
$ 85,417,116
UN RE S T RI C T ED
2011
2010
O PER ATIN G RE V ENUE S A ND SUP P O RT
Student tuition and fees
College and endowment funded scholarships and
government sponsored assistance
Net tuition and fees
Net assets released from restrictions
Total operating revenues and support
$
$
4 3, 8 95, 249
$
3 9,9 93,4 07
O PER ATIN G E X PENSE S :
Instruction
Institutional support
Total operating expenses
Changes in net assets from operating activities
N O N O PER ATIN G AC TIVITIE S :
Gifts and private grants
Net assets released for capital purposes
Net assets, beginning of year
Net assets, end of year
S T. F R A N C I S C O L L EG E 2 0 1 0 –2 0 1 1 D O N O R R E P O RT | 57