St. Francis College Statement of Activities
For the year ended June 30, 2014, with summarized totals for 2013.
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
2014
2013
$ 5 4, 8 0 6, 8 9 9
$—
$—
$ 5 4, 8 0 6, 8 9 9
$ 52,070,0 37
(17, 8 07, 874)
—
—
(17, 8 07, 874)
(16,6 8 4,475)
(2 93,79 6)
—
—
(2 93,79 6)
(316,0 41)
36,705,229
—
—
36,705,229
35,069,521
5 0 5,5 5 4
—
—
5 0 5,5 5 4
5 01,18 5
Gifts and private grants
1,6 4 0,10 6
69 9,0 47
—
2, 3 3 9,15 3
2,16 0,9 91
Investment return used for operations
3,78 6, 873
—
—
3,78 6, 873
3, 370,711
Other
1,9 6 4,49 6
—
—
1,9 6 4,49 6
1,615,723
Net assets released from restrictions
1,579,0 35
(1,579,0 35)
—
—
—
46,181,293
(879,988)
—
45,301,305
42,718,131
18 ,715,528
—
—
18 ,715,528
17, 3 07,5 5 6
4,70 9,478
—
—
4,70 9,478
4,59 8 ,911
Student services
11,0 0 8 ,0 69
—
—
11,0 0 8 ,0 69
10,697,0 8 4
Institutional support
11,575,518
—
—
11,575,518
11,9 95,626
46,008,593
—
—
46,008,593
4 4,599,177
172,700
(879,988)
—
(707,288)
(1,881,046)
Gifts and private grants
18 8 ,916
110, 3 6 6
719,0 5 4
1,018 , 3 3 6
1,591,0 5 3
Gain on sale of fixed assets
718 ,6 5 6
—
—
718 ,6 5 6
—
Capital campaign expenses
(6 6 6,4 8 0)
—
—
(6 6 6,4 8 0)
(95 6,624)
Capital project expenses
(310,759)
—
—
(310,759)
(3 69, 323)
3, 8 8 5,923
2, 3 4 4, 232
—
6, 23 0,15 5
4,6 8 2,16 8
(3 0 3,16 8)
—
—
(3 0 3,16 8)
(5 4 8 ,0 3 9)
Changes in net assets from nonoperating activities
3,513,088
2,454,598
719,054
6,686,740
4,399,235
Changes in net assets
3,685,788
1,574,610
719,054
5,979,452
2,518,189
76,453,904
8,329,424
10,830,058
95,613,386
93,095,197
$80,139,692
$9,904,034
$11,549,112
$101,592,838
$ 95,613,386
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
Change ́