Reporting on Our Financial Performance

 

Condensed Statement of Activities for
the year ended May 31 (in thousands)
Revenue and Expenses

 2012
Actual

 2011
Actual

REVENUES    
Tuition and Fees  $220,410  $209,810
Less Scholarships  (65,112)  (60,586)
Net Tuition and Fees  155,298  149,224
Auxiliary Enterprises  26,251  25,936
Private Gifts and Grants  8,351  7,526
Government Grants  3,524  5,512
Endowment payout under spending formula  5,168  4,917
Investment Income  516  467
Other Income  7,776  7,485
Total Revenues

 $206,884

 $201,067

EXPENSES    
Instruction  $76,555  $72,713
Public Service  744  742
Academic Support  18,368  16,763
Student Services  32,004  30,190
Institutional Support  38,911  35,684
Research  4,091  4,528
Auxiliary Enterprises  30,909  31,885
Total Expenses

 $201,582

 $192,505

Change in Net Assets from Operating Activities  $5,302  $8,562
Non-Operating Activities  (20,298)  23,566
Total Change in Net Assets

 $(14,996)

 $32,128

Net Assets Beginning of Year  $344,311  $312,183
Net Assets End of Year

 $329,315

 $344,311

     
Condensed Statement of Financial Position
for the year ended May 31 (in thousands)
 

 2012
Actual

 2011
Actual

Total Assets  $622,004  $623,696
Total Liabilities  292,689  279,385
TOTAL NET ASSETS

 $329,315

 $344,311

Copies of the University’s audited financial statements will be made available upon written request to the attention of:
Dr. Louis J. Mayer, Vice President for Financial Affairs, Saint Joseph’s University, 5600 City Avenue, Philadelphia, PA 19131-1395.