BREWTON-PARKER COLLEGE

FACT BOOK 2002-2003

 

4.07STATEMENTS OF ACTIVITIES

Years ended June 30, 2002 and 2001

 

 

2002

2001

Changes in unrestricted net assets

 

 

Revenues, gains, and other support:

 

 

Gross tuition and fees

$ 9,623,412

$ 7,874,659

Less tuition assistance

(3,080,029)

(2,831,215)

Tuition and fees net of tuition assistance

6,543,383

5,043,444

 

 

 

Private gifts, grants and contracts

1,351,379

1,571,021

Government grants and contracts

275,476

220,093

Sales and services of auxiliary enterprises

1,887,637

1,543,072

Income from investments

53,885

45,089

Other sources

439,695

36,171

Net realized/unrealized gains (losses) on

investments

---

 

(1,824)

Net assets released from restrictions

2,148,493

1,649,760

Total unrestricted revenues, gains and other

support

 

12,699,948

10,106,826

 

 

 

Expenses and losses:

 

 

Instructional

4,621,463

4,370,048

Academic support

979,084

933,081

Student services

2,159,125

2,146,259

Institutional support

2,562,667

2,212,178

Auxiliary enterprises

1,977,523

1,668,974

Payments to beneficiaries

33,500

50,125

Total expenses and losses

12,333,362

11,380,665

 

 

 

Changes in unrestricted net assets

366,586

(1,273,839)

 

 

 

Changes in temporarily restricted net assets

 

 

Private gifts, grants, and contracts

743,662

904,268

Investment income

196,499

163,524

Other sources

187

5,862

Net realized/unrealized gains (losses) on

investments

(448,241)

(190,096)

Net assets released from restrictions

$ (2,148,493)

$ (1,649,760)

Changes in temporarily restricted net assets

(1,656,386)

(766,202)

Continued

 

 

2002

2001

Changes in permanently restricted net assets

 

 

Private gifts, grants, and contracts

388,600

1,332,995

Investment income

13,154

84,087

Net realized/unrealized gains (losses) on

investments

 

(27,908)

 

(581,357)

Changes in permanently restricted net assets

373,846

835,725

 

 

 

Change in net assets

(915,954)

(1,204,316)

 

 

 

Net assets at beginning of year

15,614,452

16,818,768

 

 

 

Net assets at end of year

$14,698,498

$15,614,452