2004-2005 Annual Report - Whitworth University
2004-2005 Annual Report - Whitworth University
2004-2005 Annual Report - Whitworth University
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$70<br />
65<br />
60<br />
55<br />
50<br />
45<br />
40<br />
35<br />
30<br />
25<br />
20<br />
15<br />
10<br />
5<br />
Total <strong>Whitworth</strong> Endowment (in millions)<br />
Net Worth (in millions)<br />
$65,942,262<br />
’86 ’87 ’88 ’89 ’90 ’91 ’92 ’93 ’94 ’95 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05<br />
8.7 percent, to $153 million, as the college continued to make<br />
campus improvements and increase its cash and investment<br />
holdings. We remain grateful for your faithful support, which will<br />
be more important than ever as we work over the next fi ve years<br />
to lift even higher <strong>Whitworth</strong>’s mission to honor God, follow<br />
Christ and serve humanity.<br />
These fi gures are unaudited; fi nal auditor’s report available in November <strong>2005</strong>.<br />
$120<br />
100<br />
80<br />
60<br />
40<br />
20<br />
1990 1995 2000 <strong>2005</strong><br />
Assets <strong>2004</strong> <strong>2005</strong><br />
Cash $7,733,497 $11,586,891<br />
Receivables and other assets $9,583,441 $10,441,172<br />
Investments $81,747,640 $87,567,562<br />
Property and physical plant $43,831,073 $43,426,414<br />
Total Assets $142,895,651 $153,022,039<br />
Liabilities <strong>2004</strong> <strong>2005</strong><br />
Accruals and other liabilities $10,298,081 $11,169,246<br />
Annuities payable $8,898,238 $9,974,535<br />
Long-term debt $15,955,625 $15,218,285<br />
Total Liabilities $35,151,944 $36,362,066<br />
Total Net Assets $107,743,707 $116,659,972<br />
FINANCIAL UPDATE<br />
7
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