2008 Annual Institutional Data Update
Instructions
Direct questions regarding this section to Michael Kane at 800-621-7440 x139 or mkane@hlcommission.org
- An instruction guide for Composite Financial Index can be downloaded via the following link: SamplePublic.pdf
- Page numbers after ratios denote pages in Strategy Financial Analysis for Higher Education, 6th ed. (included in SamplePublic.pdf above)
- Note all strength factors are limited to a scale of -1 to 10
- Viability strength factor is set to 10 when there is no long term debt
- For all entries, if a corresponding number does not apply, enter 0 (zero). Blank entries will not be accepted.
2007 | 2006 | 2005 | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Primary Reserve Ratio Calculation | Data | Str | Wt | CFI | Data | Str | Wt | CFI | Data | Str | Wt | CFI | |
Institution unrestricted net assets | 129,821 |
125,494 | 156,496 | ||||||||||
Institution expendable restricted net assets | + | 392,651 |
364,599 | 327,405 | |||||||||
Component Unit (C.U.) unrestricted net assets | + | 29,545 |
23,819 | 27,105 | |||||||||
C.U. temporary restrict net assets | + | 377,944 |
328,947 | 286,986 | |||||||||
C.U. net investment in plant | - | 2,799 |
2,507 | 1,939 | |||||||||
Numerator Total Component Unit (C.U.) Unrestricted net assets | 927,162 |
840,352 | 796,053 | ||||||||||
Institution operating expenses | 3,744,787 |
3,548,600 | 3,471,498 | ||||||||||
Institution nonoperating expenses | + | 73,602 |
62,720 | 63,001 | |||||||||
C.U. total expenses | + | 171,163 |
170,235 | 155,257 | |||||||||
Denominator Total | 3,989,552 |
3,781,555 | 3,689,756 | ||||||||||
Primary reserve ratio (p. 58*) | / | 0.232 |
1.74 |
0.35 |
0.61 |
0.222 | 1.00 | 0.35 | 0.58 | 0.216 | 1.00 | 0.35 | 0.57 |
Net Operating Revenue Ratio Calculation | |||||||||||||
Institution operating income (loss) | -1,116,758 |
-1,058,292 | -1,106,342 | ||||||||||
Institution net nonoperating revenues | + | 1,140,856 |
1,053,385 | 1,055,190 | |||||||||
C.U. change in unrestricted net assets | + | 5,726 |
-3,286 | 3,389 | |||||||||
Elimination of inter-entity amounts | + | 0 |
0 | 0 | |||||||||
Numerator Total | 29,824 |
-8,193 | -47,763 | ||||||||||
Institution operating revenues | 2,628,029 |
2,490,308 | 2,365,156 | ||||||||||
Institution nonoperating revenues | + | 1,214,458 |
1,116,105 | 1,153,594 | |||||||||
C.U. total unrestricted revenues | + | 22,940 |
18,247 | 15,875 | |||||||||
Elimination of inter-entity amounts (from above) | + | 0 |
0 | 0 | |||||||||
Denominator Total | 3,865,427 |
3,624,660 | 3,534,625 | ||||||||||
Net Operating Revenue ratio (p. 86*) | / | 0.008 |
1.14 |
0.10 |
0.11 |
-0.002 | 0.00 | 0.10 | -0.03 | -0.014 | -1.00 | 0.10 | -0.10 |
Return on Net Assets ratio calculation | |||||||||||||
Change in net assets plus C.U. change in net assets | 235,761 |
171,853 | 104,838 | ||||||||||
Divided by total net assets + C.U. total net assets | 3,664,506 |
3,428,745 | 3,256,892 | ||||||||||
Return on Net Assets ratio (p. 74*) | / | 0.064 |
3.20 |
0.20 |
0.64 |
0.050 | 2.00 | 0.20 | 0.50 | 0.032 | 1.00 | 0.20 | 0.32 |
Viability ratio calculation | |||||||||||||
Numerator - Expendable net assets (from Primary Reserve Numerator) | 927,162 |
840,352 | 796,053 | ||||||||||
Institution long-term debt (total project-related debt) | 1,524,559 |
1,297,911 | 1,192,302 | ||||||||||
C.U. long-term debt (total project-related debt) | + | 0 |
0 | 0 | |||||||||
Denominator - Total Long-term + C.U. debt (total project-related debt) | 1,524,559 |
1,297,911 | 1,192,302 | ||||||||||
Viability ratio (p. 64*) | / | 0.608 |
1.46 |
0.35 |
0.51 |
0.647 | 1.00 | 0.35 | 0.54 | 0.668 | 1.00 | 0.35 | 0.56 |
Total-Composite Financial Indicator Score (CFI) | 1.9 |
1.6 | 1.4 |
* see page numbers in Strategy Financial Analysis for Higher Education, 6th ed. (included in SamplePublic.pdf).
Comments |
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None |
Definitions
Instructions
For all entries, if a corresponding number does not apply, enter 0 (zero). Blank entries will not be accepted.Direct questions regarding this section to Michael Kane at 800-621-7440 x139 or mkane@hlcommission.org
indicates required information that must be completed before submitting your report
indicates items that have been completed
Definitions for this section can be found at the bottom of this page.
Previous | New | |||
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Last Audit Year (example 2007) | 0 | 2007 |
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Was Your most recent financial audit UNQUALIFIED | N/A | Yes |
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Definitions
TBD