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Financial Report
by ischool7
Our Financial Report presents the allocation of our 2020-2021 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, which include class activities and field trips, clubs and athletics, and extracurricular activities for our students to enjoy. Your donations also provide for the plannning and development of the future of Island School.
Thank you for your continued support of our misison!
Voyager 6 Thank you for supporting the Island School ʻOhana through your donations and gifts, as well as in class and club fundraisers throughout the year!
Assets Liabilities & Net Assets
Cash & Cash Equivalents Accounts Receivable
Inventory Investments Other Current Assets Prepaid Expenses Endowment Funds Total Current Assets Fixed Assets $4,817,974 $3,228,887 $4,813 $137,468 $82,371 $39,373 $1,599,987 $9,910,873
(net of accumulated deprecation) $9,270,377
Total Assets $19,181,250
Accounts Payable
$169,345 Deferred Revenue $5,137,823 Accrued Payroll & Related Liabilities $304,319 Total Current Liabilities $5,611,487 Long Term Liabilities Total Liabilities $1,143,600 $6,755,087 Net Assets $12,426,163
Total Liabilities & Net Assets $19,181,250
Operating Revenue Operating Income
Operating Expenses
Tuition & Fees Program Fees Investment Income $4,492,020 $334,190 $1,940
Fundraising
$156,977 Grants & Donations $942,844 Facility Use Rental Revenue $27,068 Other Revenue $2,883
Total Operating Revenue $5,957,922
Compensation & Benefits $4,026,086 Pupil Services $183,784 Instructional Materials $113,652 Student Activities $38,758 Institutional Advancement $32,564 Plant & Maintenance $556,487 Administration $268,875
Total Operating Expenses $5,220,205
Total Contributions
Auction Income Class & Club Donations Voyager Fund Tuition Aid
$156,977 $8,933 $110,654 $74,258 Endowment $53,322 Capital Campaign Donations & Grants $500,550 Restricted Grants & Donations $88,574 Donated Assets $45,925
