Academy Journal Volume 54 | Page 39

The Academy of the New Church Financial Charts Exhibit B: Charts Chart 1: Enrollmentchool  Enrollment Chart  1  -­‐  S by School Chart 4: Receipts and Expenditures excludes Glencairn and Cairnwood Chart 4A - Receipts 2012 $23.4 million 300 250 225 232 225 224 227 Financial Charts Enrollmt 40% 222 206 196 188 234 228 221 200 150 Chart 4A: Operating Receipts 2012, The Academy of the New Ch $23.4 million 260 254 239 BAC/TS ANCSS Total 202 20% 160 159 146 139 138 100 3% 131 50 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014  (est.) Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual The Academy of the New Church Financial Charts ANCSS 29% 8% Student Revenues Gifts Endowment Payout BAC/TS Other Income & Transfers Deficit Spending Chart 4B - Expenditures 2012 $23.4 million Chart 4B: Operating Expenditures 2012, $23.4 million Chart 2: Endowment Payout Rate (using a three-year moving average market value) The Academy of the New Financial Charts 13% Chart 2 - Endowment Payout Rate (using 3-Year Moving Average Market Value) 18% Prepared  by  DDH Page  1  of  7 DYLANO:Academy  Journal  2012-­‐2013:06-­‐30-­‐13  Actual  10-­‐18-­‐13  v2.xlsx 49% 1/22/14 14.00% 12.00% 10.00% 20% Prepared  by  DDH NCIF Performance, June 2012 Page  4  of  7 DYLANO:Academy  Journal  2012-­‐2013:06-­‐30-­‐13  Actual  10-­‐18-­‐13  v2.xlsx 8.00% Salaries & Benefits Facility Costs Benchmark 1 Administrative Benchmark 2 Academy Other 6.00% Costs 4.00% The Academy of the New Church Financial Charts 2.00% 0.00% 2003 2004 2005 2006 2007 2008 2009 Chart 4C: Operating Receipts 2013, $21.9 million Chart 4C - Receipts 2013 2010 2011 2012 $21.9 million 2013 25% The Academy of the Ne Financial Charts 23% Chart 3: Endowments, withdrawals displayed Chart 3 - Endowments (withdrawals displayed) (amounts in ‘000s) (amounts in '000's) Prepared  by  DDH Page  5  of  7 14% 10% DYLANO:Academy  Journal  2012-­‐2013:06-­‐30-­‐13  Actual  10-­‐18-­‐13  v2.xlsx 28% $400,000 $350,000 Student Revenues Gifts Academy Endowments Other Income & Transfers Endowment Payout 1/22/14 Deficit Spending Operating & Financial Aid Prepared  by  DDH Page  2  of  7 DYLANO:Academy  Journal  2012-­‐2013:06-­‐30-­‐13  Actual  10-­‐18-­‐13  v2.xlsx $300,000 $250,000 Plant & Growth Available For Operations Chart 4D - Expenditures 2013 Glencairn/ Cairnwood $21.9 million Other $200,000 $150,000 Restricted for Glencairn/ Other $100,000 Chart 4D: Operating Cum. Withdrawals 2013, $21.9 million Expenditures $50,000 n13 NCIF+Collateral 12% Ju 2 D ec -1 n12 Ju -1 1 ec D 11 nJu 0 -1 ec D n10 Ju 9 -0 ec D n09 Ju 8 -0 ec D n08 Ju 7 -0 ec D Ju n07 $0 19% Available For Operations Restricted for Glencairn/ Other Cum. Withdrawals 50% DYLANO:Academy  Journal  2012-­‐2013:06-­‐30-­‐13  Actual  10-­‐18-­‐13  v2.xlsx 19% Salaries & Benefits Other DYLANO:Academy  Journal  2012-­‐2013:06-­‐30-­‐13  Actual  10-­‐18-­‐13  v2.xlsx Prepared  by  DDH Page  3  of  7 39 1/22/14 Prepared  by  DDH Page  6  of  7 Facility Costs Administrative Costs