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Saint Joseph's University, 2007–08 - With Faith and Strength to Dare ...

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financialinformation<br />

Undergraduate<br />

Alumni<br />

Employees<br />

& Friends<br />

Corporations<br />

& Foundations<br />

Parents<br />

Graduate<br />

665 donors<br />

Graduate Alumni<br />

$106,042<br />

Alumni<br />

5,676 donors<br />

Undergraduate Alumni<br />

$10,922,614<br />

1,063 donors<br />

Parents<br />

$706,964<br />

Donors: 5,676<br />

Donations: $10,922,614<br />

Donors: 2,957<br />

Donations: $1,739,579<br />

Donors: 1,065<br />

Donations: $8,309,474<br />

Donors: 1,063<br />

Donations: $706,964<br />

Donors: 665<br />

Donations: $106,042<br />

2,957 donors<br />

Employees & Friends<br />

$1,739,579<br />

1,065 donors<br />

Corporations &<br />

Foundations<br />

$8,309,474<br />

Condensed Statement of Financial<br />

Position as of May 31 (in thous<strong>and</strong>s)<br />

2007 2006<br />

Forecast Actual<br />

Total Assets $454,715 $425,048<br />

Total Liabilities 133,078 131,823<br />

TOTAL NET ASSETS $321,637 $293,225<br />

Note: As of the publication date, the FY08 audit was not yet complete. Therefore, the FY08 numbers shown above are<br />

forecasted numbers. Upon completion of the audit, copies of the <strong>University</strong>’s audited financial statements will be made available<br />

upon written request <strong>to</strong> the attention of: Louis J. Mayer, Vice President for Financial Affairs, <strong>Saint</strong> Joseph’s <strong>University</strong>,<br />

5600 City Avenue, Philadelphia, PA 19131-1395.<br />

Condensed statement of activities for<br />

the year ended May 31 (in thous<strong>and</strong>s)<br />

Revenue <strong>and</strong> Expenses<br />

Revenues<br />

2008 2007<br />

Forecast Actual<br />

Tuition <strong>and</strong> Fees $165,485 $156,539<br />

Less Scholarships (46,450) (41,630)<br />

Net Tuition <strong>and</strong> Fees 119,035 114,909<br />

Auxiliary Enterprises 21,168 19,798<br />

Private Gifts <strong>and</strong> Grants 11,615 13,114<br />

Government Grants 5,970 7,855<br />

Investment Income 19,299 11,524<br />

Other Income 5,011 4,470<br />

Total Revenues $182,098 $171,670<br />

EXPENSES<br />

Instruction 58,480 51,768<br />

Public Service 520 538<br />

Academic Support 13,440 12,281<br />

Student Services 25,677 22,691<br />

Institutional Support 31,814 29,007<br />

Research 6,056 8,649<br />

Auxiliary Enterprises 24,020 21,540<br />

Total Expenses $160,007 $146,474<br />

Change in Net Assets<br />

from Operating Activities 22,091 25,196<br />

Non-Operating Activities 6,321 34,439<br />

Total Change in Net Assets $28,412 $59,635<br />

Net Assets Beginning of Year 293,225 233,590<br />

Net Assets End of Year $321,637 $293,225<br />

t <strong>2007–08</strong><br />

11

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