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Financial Report
by ischool7
2021-2022 Financial Report
Our Financial Report presents the allocation of our 2021-2022 operating income, and the distribution of our gifts and fundraising dollars. All contributions to our school fund our operating budget, campus improvements and expansion, and special projects, including class activities, field trips, clubs, athletics, and extracurricular activities for all of our students to enjoy. Your donations also provide for the planning and development of the future of Island School.
Mahalo for your continued support of our mission: Educating the mind, inspiring the heart, and preparing Kauaʻi’s youth to lead lives of significance.
Revenue:
Expenses:
Operating Income
Tuition & Fees Program Fees Investment Income Fundraising Grants & Donations Facility Use Rental Revenue Other Income
Total Operating Income
5,575,939 429,536 1,593 381,002 784,045 8,686 4,998
7,185,799
Operating Expenses
Compensation & Benefits Pupil Services Instructional Materials Student Activities Administration Institutional Advancement Plant and Maintenance
Total Operating Expenses
4,706,621 215,062 128,756 60,318 349,033 37,812 654,745
6,152,347
Assets
Cash & Cash Equivalents Accounts Receivable Inventory Other Current Assets Prepaid Expenses Endowment Funds
Total Current Assets
6,404,196 4,064,153 4,813 52,296 41,181 1,399,751
11,966,391
Liabilities & Net Assets
Accounts Payable Deferred Revenue Accrued Payroll & Related Liabilities
Total Current Liabilities
29,638 6,451,837 342,384
6,823,858
Financial Aid
Need Based Tuition Aid Meal Support Uniform Assistance Extra-Curricular Activities Digital Services Other
Total
1,338,499 27,102 1,950 49,231 135 265,400
1,682,317
Total Contributions
Auction (net income) Class & Club Donations Voyager Fund Tuition Aid Endowment Capital Campaign Donations & Grants Restricted Grants & Donations Donated Assets
Total
381,002 30,956 121,793 76,650 10,000 474,278 101,326 38,256
