Reporting on Our Financial Performance

Donations — FY15

2015-financial-v6

Unrestricted Statement of Activities for the Year Ended May 31 (in Thousands)
Revenue and Expenses 2015 Actual 2014 Actual
REVENUES
Tuition and Fees  $250,756  $235,018
Less Scholarships  (84,509)  (77,189)
Net Tuition and Fees  166,247  157,829
Auxiliary Enterprises  35,401  32,797
Private Gifts and Grants  3,345  8,562
Government Grants  2,411  5,513
Endowment Payout/Net Assets Released  7,722  8,942
Investment Income  24  35
Other Income  8,445  8,037
Total Revenues  $223,595  $221,715
EXPENSES
Instruction  $78,359  $80,864
Public Service  425  781
Academic Support  16,680  16,325
Student Services  33,902  34,875
Institutional Support  45,845  44,106
Research  2,890  2,740
Auxiliary Enterprises  35,292  34,794
Total Expenses  $213,393  $214,485
Change in Net Assets from Operating Activities  $10,202  $7,230
Non-Operating Activities  12,921  20,587
Total Change in Net Assets  $23,123  $27,817
Net Assets Beginning of Year  $378,121  $350,304
Net Assets End of Year  $401,244  $378,121
Condensed Statement of Financial Position for the year ended May 31 (in thousands)
2015 Actual 2014 Actual
Total Assets  $677,208  $660,101
Total Liabilities  275,964  281,980
TOTAL NET ASSETS  $401,244  $378,121

 

Copies of the University’s audited financial statements will be made available upon written request to the attention of: Mr. John W. Smithson ’68, MBA ’82, Interim Chief Financial Officer, Saint Joseph’s University, 5600 City Avenue, Philadelphia, PA 19131-1395.