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OVERVIEW FROM THE TREASURER We finished the 2014-15 school year financially fit, with a prudent surplus, while maintaining our high standards for student selectivity and academic and extracurricular programming. That surplus was due to strong enrollment; robust endowment earnings; and a solid Roll Call performance, up 4 percent over last year, reaching a new record of $2.975 million. Thanks to the generosity of our alumni, parents, and friends, we continue to have the resources to make Episcopal the exceptional school it always has been.

OPERATING REVENUE AND EXPENSES

Revenue

Expenses

3% 6%

8%

5%

6%

11%

7% 62%

43%

8%

16%

9%

16%

Gross Tuition $22,041,950

Gifts $3,015,108

Salary and Benefits $14,803,434

Debt Service $2,351,265

Endowment Draw $5,500,000

Other Income $917,409

Financial Aid $5,555,737

Instructional $2,155,451

General Institutional $3,033,165

Plant and Utilities $1,993,059

Contract Services $2,803,571

Capital Expenditures $1,991,349

Foundation Support $3,878,272

TOTAL REVENUE

$35,352,739

TOTAL EXPENSES

$34,687,031

Profile for Episcopal High School

2014-15 Annual Report  

2014-15 Annual Report  

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