1974 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, 1973 - June 30, 1974 OUTGO Administration and General Instruction Library Auxiliary Enterprises Physical Plant $ 675,717 678,239 $1,449,062 230,382 1,031 ,334 33,386 Debt. Service and Capital Improvements Increase in Fund Balance 71,532 753,041 201,072 423,921 59,358 $2,744,164 TOT AL EXPENSES STATEMENT OF FINANCIAL CONDITION* June 30, 1974 $ 23,949 627,030 657,547 330,428 5,223,099 $6,862,053 LIABILITIES & FUND BALANCES Deposits and Payables Mortgages and Notes Payable Bonds Payable Fund Balances TOTAL GIFT INCOME * July 1, 1973 - June 30, 1974 General Fund $230,382 Gifts to Other Funds 168,930 PROGRESS REPORT: Gifts and Pledges Received PURPOSE: $2,744,164 $ 170,643 1,096,616 985,000 4,609,794 $6,862,053 1973 1974 $65,055 $73,525 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, 1974 Science Center Goal .. Total Gifts Received and Pledged Balance Needed for Science Center . . . $790,000 730,186 $ 59,814