Overview

Finance Overview
	Purpose
	The purpose of the IPEDS Finance component is to collect basic financial information from items associated with the institution's General Purpose Financial Statements.
	Resources: To download the survey materials for this component: Survey Materials
	To access your prior year data submission for this component: Reported Data
If you have questions about completing this survey, please contact the IPEDS Help Desk at 1-877-225-2568.

Finance - Public institutions

Reporting Standard
Please indicate which reporting standards are used to prepare your financial statements:
		GASB (Governmental Accounting Standards Board), using standards of GASB 34 & 35
		FASB (Financial Accounting Standards Board)
Please consult your business officer for the correct response before saving this screen. Your response to this question will determine the forms you will receive for reporting finance data.

Finance - Public institutions

General Information GASB-Reporting Institutions (aligned form)

To the extent possible, the finance data requested in this report should be provided from your institution's audited General Purpose Financial Statements (GPFS). Please refer to the instructions specific to each screen of the survey for details and references.

1. Fiscal Year Calendar
This report covers financial activities for the 12-month fiscal year: (The fiscal year reported should be the most recent fiscal year ending before October 1, 2011.)
Beginning: month/year (MMYYYY)	Month:		Year:
And ending: month/year (MMYYYY)	Month:		Year:

2. Audit Opinion
Did your institution receive an unqualified opinion on its General Purpose Financial Statements from your auditor for the fiscal year noted above? (If your institution is audited only in combination with another entity, answer this question based on the audit of that entity.)
		Unqualified		Qualified (Explain in box below)		Don't know (Explain in box below)

3. Reporting Model GASB Statement No. 34 offers three alternative reporting models for special-purpose governments like colleges and universities. Which model is used by your institution ?
		Business Type Activities
		Governmental Activities
		Governmental Activities with Business-Type Activities
4. Intercollegiate Athletics If your institution participates in intercollegiate athletics, are the expenses accounted for as auxiliary enterprises or treated as student services?
		Auxiliary enterprises
		Student services
		Does not participate in intercollegiate athletics
		Other (specify in box below)
5. Endowment Assets Does this institution or any of its foundations or other affiliated organizations own endowment assets ?
		Yes - (report endowment assets)
		No

You may use the space below to provide context for the data you've reported above.

Part A - Statement of Net Assets

Line no.		Current year amount	Prior year amount
	Current Assets
01	Total current assets		24,590,223
	Noncurrent Assets
31	Depreciable capital assets, net of depreciation		30,808,978
04	Other noncurrent assets CV=[A05-A31]	1,206,387	1,049,815
05	Total noncurrent assets		31,858,793
06	Total assets CV=(A01+A05)	60,028,107	56,449,016
	Current Liabilities
07	Long-term debt, current portion		178,123
08	Other current liabilities CV=(A09-A07)	6,642,675	8,330,385
09	Total current liabilities		8,508,508
	Noncurrent Liabilities
10	Long-term debt		708,819
11	Other noncurrent liabilities CV=(A12-A10)	910,425	1,001,585
12	Total noncurrent liabilities		1,710,404
13	Total liabilities CV=(A09+A12)	8,271,135	10,218,912
	Net Assets
14	Invested in capital assets, net of related debt		29,922,036
15	Restricted-expendable		2,710,964
16	Restricted-nonexpendable		240,967
17	Unrestricted CV=[A18-(A14+A15+A16)]	17,543,821	13,356,137
18	Total net assets CV=(A06-A13)	51,756,972	46,230,104
You may use the space below to provide context for the data you've reported above.

Part A - Statement of Net Assets (Page 2)

Line No.	Description	Ending balance	Prior year Ending balance
	Capital Assets
21	Land & land improvements		145,352
22	Infrastructure		34,672
23	Buildings		1,843,452
32	Equipment, including art and library collections		36,051,754
27	Construction in progress		0
	Total for Plant, Property and Equipment CV = (A21+ .. A27)	39,074,436	38,075,230
28	Accumulated depreciation		7,266,252
33	Intangible assets, net of accumulated amortization		0
34	Other capital assets		0
You may use the space below to provide context for the data you've reported above.

Part B - Revenues and Other Additions

	Report in whole dollars only
Line No.	Source of Funds		Current year amount	Prior year amount
	Operating Revenues
01	Tuition & fees, after deducting discounts & allowances			36,800,286
	Grants and contracts - operating
02	Federal operating grants and contracts			2,243,052
03	State operating grants and contracts			127,919
04	Local government/private operating grants and contracts		279,404	451,747
	04a	Local government operating grants and contracts		57,865
	04b	Private operating grants and contracts		393,882
05	Sales & services of auxiliary enterprises, after deducting discounts & allowances			2,993,974
26	Sales & services of educational activities			7,327,602
08	Other sources - operating (CV) CV=[B09-(B01+ ....+B07)]		4,314,467	3,798,407
09	Total operating revenues			53,742,987

Part B - Revenues and Other Additions

Line No.	Source of funds		Current year amount	Prior year amount
	Nonoperating Revenues
10	Federal appropriations			0
11	State appropriations			36,426,875
12	Local appropriations, education district taxes, & similar support			0
	Grants-nonoperating
13	Federal nonoperating grants			14,889,462
14	State nonoperating grants			0
15	Local government nonoperating grants			0
16	Gifts, including contributions from affiliated organizations			1,347,773
17	Investment income			117,890
18	Other nonoperating revenues CV=[B19-(B10+...+B17)]		0	1
19	Total nonoperating revenues			52,782,001
27	Total operating and nonoperating revenues CV=[B19+B09]		117,012,544	106,524,988
28	12-month Student FTE from E12 CV=[B28a+B28b]		10,568
	28a	Undergraduates	10,568
	28b	Graduates
29	Total operating and nonoperating revenues per student FTE CV=[B27/B28]		11,072

Part B - Revenues and Other Additions

Line No.	Source of funds	Current year amount	Prior year amount
	Other Revenues and Additions
20	Capital appropriations		762,471
21	Capital grants & gifts		1,991,458
22	Additions to permanent endowments		10
23	Other revenues & additions CV=[B24-(B20+...+B22)]	0	0
24	Total other revenues and additions		2,753,939
25	Total all revenues and other additions CV=[B09+B19+B24]	121,336,933	109,278,927
You may use the space below to provide context for the data you've reported above.
There were no additions to UW College's permanent endowments in FY 2011.

Part C - Expenses and Other Deductions

	Report in whole dollars only
			1	2	3	4	5	6	7	8
Line No.	Description		Total amount	Salaries & wages	Employee fringe benefits	Operation and maintenance of plant	Depreciation	Interest	All other	PY Total Amount
	Expenses and Deductions
01	Instruction								4,504,229	44,571,879
02	Research								29,356	105,031
03	Public service								1,017,791	3,703,833
05	Academic support								2,623,171	14,228,421
06	Student services								5,119,418	15,271,051
07	Institutional support								2,230,676	9,539,892
08	Operation & maintenance of plant (see instructions)		0						4,986,508	0
10	Scholarships and fellowships expenses, excluding discounts & allowances								11,997,893	8,906,210
11	Auxiliary enterprises								2,498,098	3,669,738
14	Other expenses & deductions CV=[C19-(C01+...+C13)]		6,304,307	30,422	44	0	52,486	0	6,221,355	7,453,706
19	Total expenses & deductions					0			41,228,495	107,449,761
	Prior year amount		107,449,761	49,901,922	21,440,501		813,270	78,715	35,215,353
20	12-month Student FTE from E12 CV=[C20a+C20b]		10,568
	20a	Undergraduates	10,568
	20b	Graduates
21	Total expenses and deductions per student FTE CV=[C19/C20]		10,959
You may use the space below to provide context for the data you've reported above.

Part D - Summary of Changes In Net Assets

Line No.	Description	Current year amount	Prior year amount
01	Total revenues & other additions (from B25)	121,336,933	109,278,927
02	Total expenses & deductions (from C19)	115,810,065	107,449,761
03	Change in net assets during year CV=(D01-D02)	5,526,868	1,829,166
04	Net assets beginning of year		44,400,938
05	Adjustments to beginning net assets and other gains or losses CV=[D06-(D03+D04)]	0	0
06	Net assets end of year (from A18)	51,756,972	46,230,104
You may use the space below to provide context for the data you've reported above.

Part E - Scholarships and Fellowships

Line No.	Source	Current year amount	Prior year amount
01	Pell grants (federal)		14,889,462
02	Other federal grants		644,262
03	Grants by state government		163,843
04	Grants by local government		0
05	Institutional grants from restricted resources		1,190,383
06	Institutional grants from unrestricted resources CV=[E07-(E01+...+E05)]	392,204	142,914
07	Total gross scholarships and fellowships		17,030,864
	Discounts and Allowances
08	Discounts & allowances applied to tuition & fees		8,065,751
09	Discounts & allowances applied to sales & services of auxiliary enterprises CV= (E10-E08)	84,090	58,903
10	Total discounts & allowances CV=(E07-E11)	10,024,148	8,124,654
11	Net scholarships and fellowships expenses after deducting discount & allowances (from C10)	11,997,893	8,906,210
You may use the space below to provide context for the data you've reported above.

Part H - Details of Endowment Assets

Line No.	Value of Endowment Assets	Market Value	Prior Year Amounts
	Include not only endowment assets held by the institution, but any assets held by private foundations affiliated with the institution.
01	Value of endowment assets at the beginning of the fiscal year		13,234,594
02	Value of endowment assets at the end of the fiscal year		13,504,469
You may use the space below to provide context for the data you've reported above.

Part J - Revenue Data for Bureau of Census

Source and type		Amount
		Total for all funds and operations (includes endowment funds, but excludes component units)	Education and general/independent operations	Auxiliary enterprises	Hospitals	Agriculture extension/experiment services
		(1)	(2)	(3)	(4)	(5)
01	Tuition and fees	47,449,618	47,449,618
02	Sales and services	11,386,828		3,069,433
03	Federal grants/contracts (excludes Pell Grants)	2,215,243
	Revenue from the state government:
04	State appropriations, current & capital	39,877,586
05	State grants and contracts	109,148
	Revenue from local governments:
06	Local appropriation, current & capital	0
07	Local government grants/contracts	17,300
08	Receipts from property and non-property taxes
09	Gifts and private grants, including capital grants
10	Interest earnings
11	Dividend earnings
12	Realized capital gains
You may use the space below to provide context for the data you've reported above.

Part K - Expenditure Data for Bureau of Census

Category		Amount
		Total for all funds and operations (includes endowment funds, but excludes component units)	Education and general/ independent operations	Auxiliary enterprises	Hospitals	Agriculture extension/ experiment services
		(1)	(2)	(3)	(4)	(5)
01	Salaries and wages	50,223,808		436,458
02	Employee benefits, total	23,438,193		252,660
03	Payment to state retirement funds (maybe included in line 02 above)	4,412,945
04	Current expenditures other than salaries	22,654,397
	Capital outlay:
05	Construction	0
06	Equipment purchases	1,130,958
07	Land purchases	0
08	Interest on debt outstanding, all funds & activities
09	Scholarships/fellowships	22,022,041	22,022,041
You may use the space below to provide context for the data you've reported above.

Part L - Debt and Assets, page 1

Debt
Category		Amount
01	Long-term debt outstanding at beginning of fiscal year
02	Long-term debt issued during fiscal year
03	Long-term debt retired during fiscal year
04	Long-term debt outstanding at end of fiscal year
05	Short-term debt outstanding at beginning of fiscal year
06	Short-term debt outstanding at end of fiscal year
You may use the space below to provide context for the data you've reported above.

Part L - Debt and Assets, page 2

Assets
Category		Amount
07	Total cash and security assets held at end of fiscal year in sinking or debt service funds
08	Total cash and security assets held at end of fiscal year in bond funds
09	Total cash and security assets held at end of fiscal year in all other funds
You may use the space below to provide context for the data you've reported above.

IPEDS collects important information regarding your institution. All data reported in IPEDS survey components become available in the IPEDS Data Center and appear as aggregated data in various Department of Education reports. Additionally, some of the reported data appears specifically for your institution through the College Navigator website and is included in your institution’s Data Feedback Report (DFR). The purpose of this summary is to provide you an opportunity to view some of the data that, when accepted through the IPEDS quality control process, will appear on the College Navigator website and/or your DFR. College Navigator is updated approximately three months after the data collection period closes and Data Feedback Reports will be available through the ExPT and sent to your institution’s CEO in November 2012.

Please review your data for accuracy. If you have questions about the data displayed below after reviewing the data reported on the survey screens, please contact the IPEDS Help Desk at: 1-877-225-2568 or ipedshelp@rti.org.

Core Revenues
Revenue Source Reported values Percent of total core revenues Core revenues per FTE enrollment Tuition and fees $37,509,560 32% $3,549 Government appropriations $39,877,586 34% $3,773 Government grants and contracts $22,005,239 19% $2,082 Private gifts, grants, and contracts $1,815,943 2% $172 Investment income $187,011 0% $18 Other core revenues $16,956,251 14% $1,604 Total core revenues $118,351,590 100% $11,199   Total revenues $121,336,933   $11,482
Core revenues include tuition and fees; government appropriations (federal, state, and local); government grants and contracts; private gifts, grants, and contracts; investment income; other operating and nonoperating sources; and other revenues and additions. Core revenues exclude revenues from auxiliary enterprises (e.g., bookstores, dormitories), hospitals, and independent operations.

Core Expenses
Expense function Reported values Percent of total core expenses Core expenses per FTE enrollment Instruction $46,569,726 42% $4,407 Research $98,390 0% $9 Public service $3,375,024 3% $319 Academic support $14,590,462 13% $1,381 Institutional support $10,861,561 10% $1,028 Student services $18,401,440 16% $1,741 Other core expenses $18,302,200 16% $1,732 Total core expenses $112,198,803 100% $10,617   Total expenses $115,810,065   $10,959
Core expenses include expenses for instruction, research, public service, academic support, institutional support, student services, operation and maintenance of plant, depreciation, scholarships and fellowships expenses, other expenses, and nonoperating expenses.

Calculated value FTE enrollment 10,568

The full-time equivalent (FTE) enrollment used in this report is the sum of the institution’s FTE undergraduate enrollment and FTE graduate enrollment (as calculated from or reported on the 12-month Enrollment component). FTE is estimated using 12- month instructional activity (credit and/or contact hours). All doctor’s degree students are reported as graduate students.