Finance 2004-05

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Finance - Public institutions
Reporting Standard   Please indicate which reporting standards are used to prepare your financial statements:            GASB (Governmental Accounting Standard Board), using standards of GASB 34 & 35      FASB (Financial Accounting Standard 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.

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Finance - Public institutions
General Information Finance - Public Institutions   To the extent possible, the finance data requested in this report should be provided from your institution's audited General Purpose Financial Statement (GPFS). Please refer to the instructions specific to each page of the survey for detailed instruction 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, 2004.)   Beginning: month/year (MMYYYY)   Month:  7   Year:  2003   And ending: month/year (MMYYYY)   Month:  6   Year:  2004   2. Audit Opinion   Did your institution receive an unqualified opinion on its General Purpose Statement 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.)          Yes   No   Don't know                   3. 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. Does this institution or any of its foundations or other affiliated organizations own endowment assets ?          Yes - (report endowment assets)                      No   5.Component Units   Each discretely presented component unit should be reported in the same manner and amounts as included on the face of the institution’s GPFS. There should be one Finance Survey component unit form (Part F or G) completed for each column on the face of the GPFS other than the institution itself, whether that column represents a single component unit or a combination of component units.         0   Number of component unit columns on GPFS using FASB standards     0   Number of component unit columns on GPFS using GASB standards   System or Governing Board (please see instructions about reporting System data)   Please select the applicable option below:         This Finance Survey form is for an institution that is NOT part of a system         This Finance Survey form is for an institution that is part of a system      Name of the system is:  Indiana University         This Finance Survey form is for a system (or governing board) office   Caveats:

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part A - Statement of Net Assets
Fiscal Year 2004      Report in whole dollars only      Line no.      Current year amount   Prior year amount      Current Assets          01   Total Current Assets  7,037,328  7,477,169         Noncurrent Assets          02   Capital assets - depreciable (gross)  52,536,564  53,461,018   03   Accumulated depreciation (enter as a positive amount)  16,740,522  15,122,098   04   Other noncurrent assets (CV) CV=[A05-(A02-A03)]  2,551,627  804,793   05   Total noncurrent assets  38,347,669  39,143,713      06   Total assets (CV) CV=(A01+A05)  45,384,997  46,620,882         Current Liabilities          07   Long-term debt, current portion  1,708,965  1,556,061   08   Other current liabilities (CV) CV=(A09-A07)  1,677,498  2,461,019   09   Total current liabilities  3,386,463  4,017,080         Noncurrent Liabilities          10   Long-term debt  21,658,572  23,487,579   11   Other noncurrent liabilities (CV) CV=(A12-A10)  455,665  387,624   12   Total noncurrent liabilities  22,114,237  23,875,203      13   Total liabilities (CV) CV=(A09+A12)  25,500,700  27,892,283         Net Assets          14   Invested in capital assets, net of related debt  13,912,286  13,231,385   15   Restricted-expendable  503,649  993,454   16   Restricted-nonexpendable  132,841  0   17   Unrestricted (CV) CV=[A18-(A14+A15+A16)]  5,335,521  4,503,760   18   Total Net assets (CV) CV=(A06-A13)  19,884,297  18,728,599         CV= Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part A - Plant, Property, and Equipment
Fiscal Year 2004      Report in whole dollars only                  Line No.   Description   Beginning balance   Additions   Retirements (CV)   Ending balance      Plant,Property, and Equipment                  21   Land & land improvements  1,422,952  174,814  0  1,597,766   22   Infrastructure  2,198,453    0  2,198,453   23   Buildings  44,289,645  117,030  0  44,406,675   24   Equipment  2,134,370  191,819  30,163  2,296,026   25   Art and library collections  3,404,595  320,392  0  3,724,987   26   Property obtained under capital leases (if not included in equipment)  0    0     27   Construction in progress  11,003  19,119  0  30,122   28   Accumulated depreciation  15,122,099  1,707,875  89,452  16,740,522         CV = (Beginning Balance + Additions - Ending Balance)            CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part B - Revenues and Other Additions
Fiscal Year 2004      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  7,574,980  6,852,446      Grants and contracts - operating         02   Federal operating grants and contracts  1,826,326  1,492,064   03   State operating grants and contracts  319,649  301,803   04   Local/private operating grants and contracts  255,086  198,453   05   Sales & services of auxiliary enterprises, after deducting discounts & allowances  1,904,524  1,689,149   06   Sales & services of hospitals, after deducting patient contractual allowances    0   07   Independent operations    0   08   Other sources - operating (CV) CV=[B09-(B01+ ....+B07)]  642,072  1,262,187   09   Total operating revenues  12,522,637  11,796,102

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part B - Revenues and Other Additions
Fiscal Year 2004      Report in whole dollars only             Line No.   Source of funds   Current year amount   Prior year amount      Nonoperating Revenues         10   Federal appropriations    0   11   State appropriations  11,797,422  11,548,979   12   Local appropriations, education district taxes, & similar support    0      Grants-nonoperating         13   Federal nonoperating grants    0   14   State nonoperating grants    0   15   Local nonoperating grants    0   16   Gifts, including contributions from affiliated organizations  317,580  505,319   17   Investment income  111,994  106,386   18   Other nonoperating revenues (CV) CV=[B19-(B10+...+B17)]  -234,278  -221,989   19   Total nonoperating revenues  11,992,718  11,938,695

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part B - Revenues and Other Additions
Fiscal Year 2004      Report in whole dollars only            Line No.   Resource of funds   Current year amount   Prior year amount      Other Revenues and Additions           20   Capital appropriations  25,228  0   21   Capital grants & gifts  15,000  44,188   22   Additions to permanent endowments  117,604  0   23   Other revenues & additions (CV) CV=[B24-(B20+...+B22)]  0  0   24   Total other revenues and additions  157,832  44,188      25   Total all revenues and other additions (CV) CV=(B09+B19+B24)  24,673,187  23,778,985      CV = Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part C - Expenses and Other Deductions
Fiscal Year 2004      Report in whole dollars only                                                       1   2   3   4   5   Line No.   Description   Current year total   Salaries & wages   Employee fringe benefits   Depreciation   All other                           Operating Expenses      01   Instruction  9,917,364  7,412,617  2,334,962    169,785   02   Research  114,077  40,825  12,860    60,392   03   Public service  505,618  314,049  98,925    92,644   05   Academic support  1,606,643  1,167,569  367,782    71,292   06   Student services  1,358,177  927,698  292,223    138,256   07   Institutional support  1,978,198  162,590  51,216    1,764,392   08   Operation & maintenance of plant  2,410,234  1,103,884  347,721    958,629   09   Depreciation  1,707,875        1,707,875     10   Scholarships and fellowships expenses, excluding discounts & allowances  1,186,916     1,186,916   11   Auxiliary enterprises  299,907  213,199  67,157    19,551   12   Hospital services          0   13   Independent operations          0   14   Other expenses & deductions (CV) CV=[C15-(C01+...+C13)]  0  0  0  0  0   15   Total operating expenses  21,085,009  11,342,431  3,572,846  1,707,875  4,461,857       Prior year amount  22,440,001  10,478,206  3,225,788  1,804,293  6,931,714

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part C - Expenses and Other Deductions
Fiscal Year 2004      Report in whole dollars only                                                       1   2   3   4   5   Line No.   Description   Current year total   Salaries & wages   Employee fringe benefits   Depreciation   All other                           Nonoperating Expenses and Deductions                  16   Interest  1,186,809           1,186,809   17   Other nonoperating expenses & deductions (CV) CV=(C18-C16)  0  0  0  0  0   18   Total nonoperating expenses & deductions (CV) CV=(C19-C15)  1,186,809  0  0  0  1,186,809      19   Total expenses & deductions  22,271,818  11,342,431  3,572,846  1,707,875  5,648,666       Prior year amount  24,269,121  10,478,206  3,225,788  1,804,293  8,760,834      CV = Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part D - Summary of Changes In Net Assets
Fiscal Year 2004      Line No.   Description   Current year amount   Prior year amount   01   Total revenues & other additions (from B25)  24,673,187  23,778,985      02   Total expenses & deductions (from C19)  22,271,818  24,269,121      03   Increase in net assets during year (CV) CV=(D01-D02)  2,401,369  -490,136   04   Net assets beginning of year  18,728,599  19,940,825   05   Adjustments to beginning net assets (CV) CV=[D06-(D03+D04)]  -1,245,671  -722,090   06   Net assets end of year (from A18)  19,884,297  18,728,599      CV = Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part E - Scholarships and Fellowships
Part E - Scholarships and Fellowships Fiscal Year 2004      Report in whole dollars only            Line No.   Source   Current year amount   Prior year amount      Institutional Expenses and Discounts & Allowances            Gross Scholarships and Fellowships (no loans included)         01   Pell grants (federal)  1,763,578  1,427,546   02   Other federal grants  52,688  62,812   03   Grants by state government    0   04   Grants by local government    0   05   Institutional grants from restricted resources  195,113  218,069   06   Institutional grants from unrestricted resources (CV) CV=[E07-(E01+...+E05)]  229,046  246,408   07   Total gross scholarships and fellowships  2,240,425  1,954,835         Discounts and Allowances         08   Discounts & allowances applied to tuition & fees  994,753  866,510   09   Discounts & allowances applied to sales & services of auxiliary enterprises (CV) CV= (E10-E08)  58,756  0   10   Total Discounts & Allowances (CV) CV=(E07-E11)  1,053,509  866,510      11   Net scholarships and fellowships expenses after deducting discount & allowances (from C10)  1,186,916  1,088,325      CV = Calculated Value      CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part H - Details of Endowment Assets
Fiscal Year 2004 Report in whole dollars only   Line No.   Value of Endowment Assets   Market Value   Prior Year Amounts                  01   Value of endowment assets at the beginning of the fiscal year  253,631  258,406   02   Value of endowment assets at the end of the fiscal year  423,793  253,631

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part J - Revenue Data for Bureau of Census
Part J - Revenues (Census Bureau) Fiscal Year 2004    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  8,569,733  8,569,733            02   Sales and services      1,963,280       03   Federal grants/contracts (excludes Pell Grants)                Revenue from the state government:   04   State appropriations, current & capital             05   State grants and contracts                Revenue from local governments:   06   Local appropriation, current & capital             07   Local government grants/contracts             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            CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part K - Expenditure Data for Bureau of Census
Part K - Expenditures Fiscal Year 2004   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      213,199       02   Employee benefits, total      67,157       03   Payment to state retirement funds (maybe included in line 02 above)             04   Current expenditures other than salaries                Capital outlay:      05   Construction             06   Equipment purchases             07   Land purchases             08   Interest on debt outstanding, all funds & activities         09   Scholarships/fellowships  2,240,425  2,240,425          CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part L - Debt and Assets, page 1
Part L - Debt and Assets Fiscal Year 2004    Debt   Category   Amount   01   Long-term debt outstanding at beginning of fiscal year  1,506,937   02   Long-term debt issued during fiscal year     03   Long-term debt retired during fiscal year  120,043   04   Long-term debt outstanding at end of fiscal year  1,325,972   05   Short-term debt outstanding at beginning of fiscal year     06   Short-term debt outstanding at end of fiscal year  1,325,972      CAVEATS

Institution: INDIANA UNIVERSITY-KOKOMO (151333)	User ID: P41513331
Part L - Debt and Assets, page 2
Part L - Debt and Assets   Assets   Category   Amount   07   Total cash and security assets held at end of fiscal year in sinking or debt service funds  0   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  74,029      CAVEATS