17.12.2015 Views

Traditions

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Annual Report<br />

2014-2015<br />

St. Mary’s High School has a record of responsible and prudent financial management. We continue to keep tuition increases to a minimum (an<br />

average annual increase of less than 1 percent) while continuing to secure more resources for financial aid in an effort to keep St. Mary’s education<br />

affordable for our families. With the completion of our new Athletic Performance Center, we are looking ahead to future facility improvements<br />

including a new Science Center and needed renovations around campus.<br />

We are grateful for your social, spiritual and financial support of our community.<br />

St. Mary’s High School is blessed with dedicated faculty, staff and administrators who continue to recognize the link between education and future<br />

success. We are proud of our students – what they have accomplished and what they will go on and achieve in life. The generosity of alumni and<br />

friends helps St. Mary’s High School provide an education that is truly superior.<br />

ST. MARY’S HIGH SCHOOL FINANCIAL INFORMATION<br />

Year Ended June 30, 2014<br />

REVENUES<br />

Total Revenues = $9,945,000<br />

77.90%<br />

0.50%<br />

12.7%<br />

4.9%<br />

4.0%<br />

Tuition, registration and class fees<br />

General donations and fundraising events<br />

Designated donations and grants<br />

Athletics (game receipts, concessions,<br />

donations and fundraising activities<br />

Other Revenues<br />

EXPENSES<br />

Total Expenses = $9,945,000<br />

58.40%<br />

3.70%<br />

6.70%<br />

13.3%<br />

6.0%<br />

5.0%<br />

6.9%<br />

Salaries, wages, payroll taxes and<br />

employee benefits<br />

Tuition Assistance for students<br />

Athletics<br />

General, administrative and instructional<br />

Plant maintenance and utilities<br />

Depreciation expense for fixed assets<br />

Fund reserve<br />

ST. MARY’S<br />

HIGH SCHOOL<br />

BOARD OF<br />

DIRECTORS<br />

The St. Mary’s High School Board of<br />

Directors meets monthly to discuss<br />

and advise regarding school issues.<br />

The board consists of alumni, parents<br />

of students, and friends of St. Mary’s.<br />

TRUSTEES<br />

Mr. Jim Acosta ‘76<br />

Mr. Dave Bevilaqua ‘75<br />

Mrs. Carla Donaldson<br />

Mrs. Nancy Sanguinetti Franzia ‘78<br />

Mr. George Gibson ‘69<br />

Mrs. Kathleen Lagorio Janssen ‘64<br />

Mr. Brian Martucci<br />

Mr. Robert Perasso ‘69<br />

Mr. Kevin Sanguinetti<br />

Mr. Gilbert Somera ‘90<br />

Mr. Mario Starc ‘70<br />

Dr. John Zeiter ‘80<br />

10

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!