Revenues and gains
Financial Statement
2%
6% 4%
11% 2%
Statement of Activities
6%
Fiscal Years Ended June 30, 2006, 2005 & 2004 69%
School Operations Revenues: Tuition and fees Auxiliary Athletic and other student activities Other (transportation, subsidies, finance charges, etc.)
Expenses: Instruction Athletic and other student activities Operation of physical plant Auxiliary Employee benefits Administration Financial aid Depreciation Other (bond interest, transportation, subsidies, finance charges, etc.) Loss from School Operations
2006
2005
2004
$6,749,128 627,981 193,722 170,760 7,741,591
$6,478,005 629,812 152,690 209,982 7,470,489
$6,040,045 697,848 165,358 201,643 7,104,894
2,95,188 2,945,188 726,116 529,408 1,265,686 647,051 351,361 376,989
2,910,588 1,197,119 640,303 494,231 1,113,727 576,622 332,326 307,201
2,741,914 1,241,636 682,856 526,810 974,209 552,275 312,984 299,893
592,519 8,723,349 (981,758)
516,740 8,088,857 (618,368)
298,766 7,631,343 (526,449)
Tuition and fees Auxiliary Other (transportation, subsidies, finance charges, etc.) Contributions and fundraising Athletic and other student activities Investment income and net realized/ unrealized gains on investments Capital campaign-net of allowance for uncollectible pledges Expenses 7% 3% 33%
14%
4% 7%
Development and Endowment Activities Contributions and fundraising 1,103,652 Investment income and net realized/ unrealized gains on investments 576,170 Capital Campaign-net of allowance for uncollectible pledges 396,852 Less: Development and fundraising expenses (258,863) Income from Development and Endowment Activities 1,817,811 Increase in Net Assets Net assets at beginning of year Net assets at end of year
836,053 8,293,016 $9,129,069
8%
1,431,583
866,118
380,376 295,277 (328,422)
405,503 1,410,853 (380,848)
1,778,814
2,301,626
1,160,446 7,132,570 $8,293,016
1,775,177 5,357,393 $7,132,570
2005-2006 Tuition and Fees/student
$6,845
2005-2006 Actual cost to educate a student
$8,256
Includes the cost of instruction, operation of physical plant, administration, student services, employee benefits, financial aid, transportation, insurance, rent, and bad debts.
“The difference between actual cost and what is charged in tuition/fees is made up through fundraising.�
14%
4%
6% Instruction Operation of physical plant Depreciation Auxiliary Employee benefits Administration Financial aid Athletic and other student activities Other (bond interest, transportation, subsidies, finance charges, etc.) Development and fundraising expenses
"Cost to Educate" covered by tuition
17.1%
82.9%
Amount of "Cost" covered by tuition Amount of "Cost" not covered by tuition