Trustees of Deerfield Academy Statement of Activities
Revenues, Gains and Other Support
2012
2011
Student income: Tuition and fees $28,489,170 $ 27,770,045 Less financial aid (7,090,340) (6,610,449) Net tuition and fees 21,398,830 21,159,596 School stores 966,061 931,902 Net student income 22,364,891 22,091,498 Interest and dividends 3,556,648 6,267,560 Net realized and unrealized gains 7,547,725 52,874,762 Other income 1,190,461 1,090,979 Gifts and bequests 37,502,768 33,514,329 Total revenues, gains, and other support 72,162,493 115,839,128
along albany road
For the year ended June 30, 2012 With comparative totals as of June 30, 2011
Expenditures Instruction Student support Summer programs Operation and maintenance of physical plant General administration General institutional Depreciation and amortization Total expenditures
9,876,885 4,774,889 439,815 8,228,544 11,112,170 5,844,443 5,266,608 45,543,354
9,501,144 4,717,474 481,737 7,534,522 9,757,691 6,113,850 5,607,998 43,714,416
Change in Net Assets from Operations
26,619,139
72,124,712
- (1,934,477)
Loss on Bond Refinancing Change in Net Assets
Net Assets – Beginning of Year Net Assets – End of Year
26,619,139
70,190,235
521,121,657
450,931,422
$547,740,796
$ 521,121,657
deerfield.edu
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