2017-2018 Cedarville University Annual Report

STEWARDINGGOD’SRESOURCESWELL By God’s grace, our finances are strong. As we equip a generation of outstanding professionals to stand for the Word of God and the Testimony of Jesus Christ, we are committed to honoring God as good stewards of all that He has entrusted to us. We are working to aggressively pay down all remaining external debt. O O Our Composite Financial Index score, a nationally recognized measure of institutional strength, is at an all-time high. We are making careful choices in how we spend the money God has entrusted to us. EXTERNALDEBT 2014 2015 2016 2017 2018 COMPOSITEFINANCIALINDEX 2014 2015 2016 2017 2018 ENDOWMENT MARKETVALUE As ofJune 30,2018 13-14 14-15 14-16 16-17 17-18 REVENUEFORFISCALYEAR17-18 EXPENDITURES As ofJune 30,2018 • Net Tuition & Fees $ 6 4 .2 ( 6 8 % ) • Auxiliary Services $ 2 1 .6 ( 2 3 % ) • Gifts $ 4.6 ( 5 % ) • Investment Income $ 3 .1 ( 3 % ) Other Income $ 1.2 ( 1 % ) NUMBERS IN MILLIONS • Financial Aid $ 3 7 .1 7 0 Instruction $ 3 3 .1 5 • Academic Support $ 1 4 .3 8 • Institutional Support $ 1 1 .8 9 • Auxiliary Enterprises $ 1 0 .2 7 • Depreciation $ 7 .7 8 NUMBERS IN MILLIONS Student Services $ 7 .7 0 6 | 2018 Annual Report