1973 Cedarville College Annual Report

INCOME Student Tuition and Fees Gifts Auxiliary Enterprises Other TOTAL INCOME ASSETS Cash Investments Receivables Prepaid Expense and Inventory Plant TOTAL *Unaudited GENERAL FUND INCOME STATEMENT* July 1, 1972 - June 30, 1973 $1,369,662 184,027 883,276 36,802 $2,473,767 OUTGO Administration and General Instruction Library Auxiliary Enterprises Physical Plant Debt Service and Capital' Improvements Increase in Fund Balance TOTAL EXPENSES $ 577,806 630,750 69,450 696,420 169,800 249,517 80,024 $2,473,767 STATEMENT OF FINANCIAL CONDITION* $ 65,903 752,690 413,339 381,035 4,855,811 $6,468,778 LIABILITIES & FUND BALANCES Deposits and Payables Mortgages and Notes Payable Bonds Payable Fund Balances TOTAL $ 212,362 1,154,224 1,093,950 4,008,242 $6,468,778 GIFT INCOME* July 1, 1972 - June 30, 1973 General Fund $184,000 Science Campaign 131,000 PROGRESS REPORT: 525 Torchbearers have committed themselves to $10 a month - 275 to go. GOAL: 800 friends willing to give $10 a month for a year = $96,000 increase in giving to the general fund. PURPOSE: 1. Reduce the cost each student pays for his college education. 2. Strengthen Cedarville College's finances, in prepara– tion for full regional accreditation. Prayer Reminder - Anyone giving $10 a month for a year will receive a marble paper weight as a prayer reminder. SCIENCE CENTER CAMPAIGN STATUS Helpful Books - Participating "Torchbearers" will' receive helpful paperback books four times a year in appreciation of their support. June 30, 1973 Science Center Goal Plus Science Center Addition Total Gifts Received and Pledged Balance Needed for Science Center $650,000 100,000 $750,000 583,300 $166,700