PRESIDENT’S REPORT The Statement of Financial Position Operating Expenses Total Assets Total Liabilities Total Net Assets Revenue by Source College of Chiropractic: 67.2 Undergraduate and Graduate: 15.2 Auxiliary Enterprise: 12.0 Other: 2.1 Private Contributions: 2.1 Grants: 0.0 Instructional and Research: 32.3 Institutional Support: 23.1 Student Services: 15.9 Operations and Maintenance: 6.0 Auxiliary Enterprise: 11.2 Fundraising 1.1 Academic Support: 4.3 Public Service: 1.3 Other: 5.1 $125,711,837 $98,037,501 $27,674,336 Nineteenth consecutive year that financial performance was better than budgeted. Finished the year with revenues of $4,569,821 more than budgeted and expenses $956,571 more than budgeted, producing a net positive financial performance against budget. Engagement Trends Fiscal Year 2022 Fiscal Year 2023 Fiscal Year 2024 7/1/2021–6/30/2022 7/1/2022–6/30/2023 7/1/2023–6/30/2024 Number of Donors 907 803 1,077 Total Number Raised Cash $1,990,774.00 $2,072,057.00 $ 2,251,431.00 In-Kind $ 66,847.00 $ 189,786.00 $ 262,053.00 Total $2,057,621.00 $2,261,843.00 $ 2,513,484.00 Total Alumni 21,477 22,364 22,724 LIFEforce 1,457 1,527 1,577 PR:5 Alumni.life.edu | 2024
