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F I N A N C I A L I N F O R M A T I O N
North Carolina Agricultural and Technical State University
Statement of Current Funds Revenues, Expenditures and Other Changes
For the Years Ended June 30, 2001 and June 30, 2000
Unrestricted Restricted 2001 Total 2000 Total
Revenues and Other Additions
Tuition and Fees $ 19,478,856 $ 19,478,856 $ 18,262,947
State Appropriations 60,257,238 60,257,238 56,832,120
Gifts, Contracts, and Grants 3,385,522 $ 37,827,232 41,212,754 37,343,901
Sales and Services 1,116,901 84,280 1,201,181 988,516
Endowment Income 51,200 304,200 355,400 315,000
Investment and Interest Income 1,122,633 3,977 1,126,610 1,402,223
Other Revenues 1,332,318 238,942 1,571,260 1,011,269
Total Educational and General Revenues 86,744,668 38,458,631 125,203,299 116,155,976
Auxiliary Services 24,862,879 24,862,879 23,735,114
Total Revenues 111,607,547 38,458,631 150,066,178 139,891,090
Expenditures
Instruction 40,362,631 788,804 41,151,435 38,739,843
Organized Research 3,936,801 10,642,392 14,579,193 12,299,368
Public Service 330,595 5,214,051 5,544,646 5,239,646
Academic Support 11,046,814 8,559,512 19,606,326 18,320,230
Student Services 4,092,091 10,896 4,102,987 3,976,753
Institutional Support 12,092,720 406,875 12,499,595 11,408,191
Physical Plant Operations 11,900,655 11,900,655 10,531,870
Student Financial Aid 2,134,252 9,533,723 11,667,975 10,453,440
Total Educational and General Expenditures 85,896,559 35,156,253 121,052,812 110,969,341
Auxiliary Services 25,154,358 25,154,358 21,083,274
Indirect Cost Recovered 2,404,996 2,404,996 2,090,266
Refund to Grantors 67,172 67,172 62,465
Total Expenditures 111,050,917 37,628,421 148,679,338 134,205,346
b e n e f a c t o r s
WE ARE PLEASED TO ACKNOWLEDGE
the many individuals and organizations that supported
North Carolina Agricultural and technical State University
during 2000-2001. Their commitment to the University
is greatly appreciated.
This report reflects those contributions made during
fiscal year 2000-2001 – inclusive of contributors to the
general University, Alumni Association and The N.C.
A&T University Foundation. It is our experience that an
alumnus may designate a gift to any of the aforementioned
organizations with the intent to support the
University. Accordingly, we combined these records for a
more accurate reflection of the University’s strong support
from alumni and friends. Gifts of $25 or less are not
included in this report.
Transfers (Net)
Mandatory Transfers (879,649) 61,906 (817,743) (6,930,231)
Non-Mandatory Transfers (2,741,710) 805 (2,740,905) (963,713)
Interinstitutional Transfers 46,363 10,000 56,363 274,366
Total Net Transfers (3,574,996) 72,711 (3,502,285) (7,619,578)
Net Increase (Decrease) in Fund Balance (3,018,366) 902,921 (2,115,445) (1,933,834)
Beginning Fund Balance 19,744,347 3,624,787 23,369,134 25,302,969
Restatement (1,148,232) (1,148,232)
BENEFACTORS
Ending Fund Balance $ 16,725,981 $ 3,379,476 $ 20,105,457 $ 23,369,135
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