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LEE COLLEGE Statement of Unrestricted Revenues, Expenses, And Other Changes in Unrestricted Net Assets For the Year Ended December 31, 2014 Unrestricted Revenues: $10,625.00 Net
LEE COLLEGE Statement of Unrestricted Revenues, Expenses, And Other Changes in Unrestricted Net Assets For the Year Ended December 31, 2014 | |
Unrestricted Revenues: | $10,625.00 |
Net Tuition and Fees | Nil |
State Appropriation | $100.00 |
Contributions | Nil |
Investment Income on Endowment | $40.00 |
Other Investment Income | $5,500.00 |
Sales and Services of Auxiliary Enterprises | $16,265.00 |
Total Revenues | Nil |
Net Assets Released from Restrictions: | $720.00 |
Expiration of Time Restrictions | $1,080.00 |
Satifaction of Program Restrictions | Nil |
Satisfaction of Plant Acquisition Restrictions | $1,800.00 |
Expiration of Term Endowment | $18,065.00 |
Total Net Assets Released from Restrictions | $7,000.00 |
Total Unrestricted Revenues and Other Support | $4,500.00 |
Expenses and Losses: | $1,200.00 |
Educational and General: | Nil |
Instruction | $150.00 |
Research | $1,600.00 |
Public Service | $14,450.00 |
Academic Support | $3,725.00 |
Student Services | $18,175.00 |
Instituional Support | Nil |
Total Educational and General Expenses | $18,175.00 |
Auxiliary Enterprises | -$110.00 |
Total Expenses | |
Fire Loss | |
Total Expenses and Losses | |
Increase in Unrestricted Net Assets | |
LEE COLLEGE Statement of change in Net assets For the Year Ended December 31, 2014 (in thousands of dollars) | |
Total Unrestricted Revenues | $16,265.00 |
Net Assets Released from Restrictions | $1,800.00 |
Total Unrestricted Expenses and Losses | -$18,175.00 |
Increase in Unrestricted Net Assets | -$110.00 |
Temporarily Restricted Net Assets: | $2,430.00 |
Contributions and Grants | -$1,800.00 |
Net Assets Released from Restrictions | $670.00 |
Increase in Temporarily Restricted Net Assets | $2,540.00 |
Permanently Restricted Net Assets: | $750.00 |
Contributions | $3,290.00 |
Gains on Long-Term Investments | $3,850.00 |
Increase in Permanently Resctricted Net Assets | $3,060.00 |
Increase in Net Assets | $6,910.00 |
Net Assets January 1, 2014 | |
Net Assets Dec 31, 2014 |
PLEASE OFFER AN IN DEPTH ANALYSIS OF THE FINANCIAL HEALTH OF LEE COLLEGE!!
AT LEAST TWO PAGES!!
THIS IS FOR A NON PROFIT ACCOUNTING CLASS!
THANK YOU!
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