Finance 2009-10
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

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.
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Finance - Public institutions
Form Version
Finance - Public Institutions
The survey for GASB has been realigned to improve commonality and comparability of the finance data, however reporting in the new format is OPTIONAL for Fiscal Year 2008-09. Please indicate in which version you will report finance data:
      GASB, using standards of GASB 34 & 35
 Aligned GASB, using standards of GASB 34 & 35 (OPTIONAL in Fiscal Year 2008-09)
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-South Bend (151342)
User ID: 88G2401

Finance - Public institutions
General Information
Finance - Public Institutions (unaligned form)
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, 2009.)
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.)
    UnqualifiedQualified
(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
6.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.
    Number of component unit columns on GPFS using FASB standards
 Number of component unit columns on GPFS using GASB standards
You may use the space below to provide context for the data you've reported above.
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part A - Statement of Net Assets
Fiscal Year 2009
 
Line no.DescriptionCurrent year amountPrior year amount
 Current Assets  
01Total current assets 29,756,724
 
 Noncurrent Assets  
02Capital assets - depreciable (gross) 116,408,900
03Accumulated depreciation 43,795,242
31Capital assets, net of depreciation
CV=(A02-A03)		94,554,245 72,613,658
04Other noncurrent assets
CV=[A05-(A02-A03)]		1,832,824 24,515,978
05Total noncurrent assets 97,129,636
 
06Total assets
CV=(A01+A05)		128,756,281 126,886,360
 
 Current Liabilities  
07Long-term debt, current portion 3,274,652
08Other current liabilities
CV=(A09-A07)		5,244,645 6,084,943
09Total current liabilities 9,359,595
 
 Noncurrent Liabilities  
10Long-term debt 41,778,799
11Other noncurrent liabilities
CV=(A12-A10)		4,373,929 2,164,867
12Total noncurrent liabilities 43,943,666
 
13Total liabilities
CV=(A09+A12)		51,733,866 53,303,261
 
 Net Assets  
14Invested in capital assets, net of related debt 50,458,731
15Restricted-expendable 4,686,058
16Restricted-nonexpendable 10,930
17Unrestricted
CV=[A18-(A14+A15+A16)]		20,645,994 18,427,380
18Total net assets
CV=(A06-A13)		77,022,415 73,583,099
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part A - Plant, Property, and Equipment
Fiscal Year 2009
 
Line No.DescriptionBeginning
balance		AdditionsRetirementsEnding balance
 Plant, Property, and Equipment    
 
21Land & land improvements0
22Infrastructure76,428
23Buildings0
24Equipment143,948
25Art and library collections554,713
26Property obtained under capital leases
(if not included in equipment)		0
27Construction in progress15,148
Total for Plant, Property and Equipment
CV = (A21+ .. A27)		138,820,3833,548,804790,237141,578,950
28Accumulated depreciation698,661
 
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part B - Revenues and Other Additions
Fiscal Year 2009
 
Line No.Source of FundsCurrent year amountPrior year amount
 Operating Revenues  
01Tuition & fees, after deducting discounts & allowances26,794,926
 Grants and contracts - operating  
02Federal operating grants and contracts6,373,639
03State operating grants and contracts20,061
04Local government/private operating grants and contracts113,228
05Sales & services of auxiliary enterprises,
after deducting discounts & allowances		3,184,238
06Sales & services of hospitals,
after deducting patient contractual allowances		0
07Independent operations0
08Other sources - operating
CV=[B09-(B01+ ....+B07)]		1,628,4762,134,061
09Total operating revenues38,620,153
 
 
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part B - Revenues and Other Additions
Fiscal Year 2009
 
Line No.Source of fundsCurrent year amountPrior year amount
 Nonoperating Revenues  
10Federal appropriations0
11State appropriations28,650,819
12Local appropriations, education district taxes, & similar support0
 Grants-nonoperating  
13Federal nonoperating grants5,644,996
14State nonoperating grants0
15Local government nonoperating grants0
16Gifts, including contributions from affiliated organizations1,138,541
17Investment income377,341
18Other nonoperating revenues
CV=[B19-(B10+...+B17)]		010,853,724
19Total nonoperating revenues46,665,421
 
 
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part B - Revenues and Other Additions
Fiscal Year 2009
 
Line No.Source of fundsCurrent year amountPrior year amount
 Other Revenues and Additions  
20Capital appropriations172,665
21Capital grants & gifts4,730,520
22Additions to permanent endowments 0
23Other revenues & additions
CV=[B24-(B20+...+B22)]		00
24Total other revenues and additions4,903,185
 
25Total all revenues and other additions
CV=(B09+B19+B24)		74,331,71290,188,759
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part C - Expenses and Other Deductions
Fiscal Year 2009
  12345
Line No.DescriptionCurrent year totalSalaries & wagesEmployee fringe benefitsDepreciationAll other                    
 Operating Expenses 
01Instruction2,211,457
02Research76,884
03Public service84,102
05Academic support1,243,129
06Student services1,021,047
07Institutional support304,529
08Operation & maintenance
of plant		4,025,492
09Depreciation  3,928,1240
10Scholarships and fellowships
expenses, excluding discounts & allowances		 4,909,309
11Auxiliary enterprises573,092
12Hospital services0
13Independent operations0
14Other expenses
& deductions
CV=[C15-(C01+...+C13)]		148,036148,036000
15Total operating expenses14,449,041
 Prior year amount58,856,24430,700,27710,146,5733,462,29614,547,098
 
 
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part C - Expenses and Other Deductions
Fiscal Year 2009
  12345
Line No.DescriptionCurrent year totalSalaries & wagesEmployee fringe benefitsDepreciationAll other                    
 Nonoperating Expenses and Deductions     
16Interest   2,258,390
17Other nonoperating expenses & deductions (CV)
CV=(C18-C16)		4,135,6030004,135,603
18Total nonoperating
expenses & deductions (CV)
CV=(C19-C15)		6,393,9930006,393,993
 
19Total expenses & deductions20,843,034
 Prior year amount75,157,65930,700,27710,146,5733,462,29630,848,513
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part D - Summary of Changes In Net Assets
Fiscal Year 2009
 
Line No.DescriptionCurrent year amountPrior year amount
01Total revenues & other additions (from B25)74,331,71290,188,759
 
02Total expenses & deductions (from C19)67,932,29775,157,659
 
03Change in net assets during year
CV=(D01-D02)		6,399,41515,031,100
04Net assets beginning of year64,196,995
05Adjustments to beginning net assets
CV=[D06-(D03+D04)]		17,340-5,644,996
06Net assets end of year (from A18)77,022,41573,583,099
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part E - Scholarships and Fellowships
Fiscal Year 2009
   
Line No.SourceCurrent year amountPrior year amount
01Pell grants (federal)5,455,366
02Other federal grants364,111
03Grants by state government0
04Grants by local government0
05Institutional grants from restricted resources450,360
06Institutional grants from unrestricted resources
CV=[E07-(E01+...+E05)]		1,364,9811,337,535
07Total gross scholarships and fellowships7,607,372
 
 Discounts and Allowances  
08Discounts & allowances applied to tuition & fees4,003,200
09Discounts & allowances applied to sales & services of
auxiliary enterprises
CV= (E10-E08)		00
10Total discounts & allowances
CV=(E07-E11)		4,526,1514,003,200
 
11Net scholarships and fellowships expenses after deducting
discount & allowances (from C10)		4,909,3093,604,172
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part H - Details of Endowment Assets
Fiscal Year 2009
Line No.Value of Endowment AssetsMarket ValuePrior Year Amounts
  Include not only endowment assets held by the institution, but any assets held by private foundations affiliated with the institution.  
01Value of endowment assets at the beginning of the fiscal year  12,451,248
02Value of endowment assets at the end of the fiscal year  11,010,040
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part J - Revenue Data for Bureau of Census
Fiscal Year 2009
Source and typeAmount
Total for all funds
and operations
(includes
endowment funds,
but excludes component units)		Education and general/independent operationsAuxiliary enterprises Hospitals Agriculture extension/experiment services
 (1)  (2)(3)(4)(5)
01Tuition and fees33,537,31133,537,311   
02Sales and services4,721,2464,341,4700
03Federal grants/contracts (excludes Pell Grants)726,572
 Revenue from the state government:
04State appropriations, current & capital28,708,607
05State grants and contracts0
 Revenue from local governments:
06Local appropriation, current & capital0
07Local government grants/contracts28,361
08Receipts from property and non-property taxes 
09Gifts and private grants, including capital grants 
10Interest earnings 
11Dividend earnings 
12Realized capital gains 
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part K - Expenditure Data for Bureau of Census
Fiscal Year 2009
CategoryAmount
Total for all funds and operations (includes endowment funds, but excludes component units)Education and general/
independent operations		Auxiliary enterprisesHospitals Agriculture extension/
experiment services
 (1)(2)(3)(4)(5)
01Salaries and wages32,192,3501,323,1120
02Employee benefits, total10,968,789391,2260
03Payment to state retirement funds (maybe included in line 02 above)539,599
04Current expenditures other than salaries13,327,844
 Capital outlay: 
05Construction0
06Equipment purchases507,918
07Land purchases20,020,454
08Interest on debt outstanding, all funds & activities 
09Scholarships/fellowships9,435,4609,435,460 
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part L - Debt and Assets, page 1
Fiscal Year 2009
Debt
CategoryAmount
01Long-term debt outstanding at beginning of fiscal year
02Long-term debt issued during fiscal year
03Long-term debt retired during fiscal year
04Long-term debt outstanding at end of fiscal year
05Short-term debt outstanding at beginning of fiscal year
06Short-term debt outstanding at end of fiscal year
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-South Bend (151342)
User ID: 88G2401

Part L - Debt and Assets, page 2
Fiscal Year 2009
Assets
CategoryAmount
07Total cash and security assets held at end of fiscal year in sinking or debt service funds
08Total cash and security assets held at end of fiscal year in bond funds
09Total 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.
 
Institution:  Indiana University-South Bend (151342) User ID:  88G2401
Explanation Report
Number Source Location Description Severity Accepted
Screen: Part 3
1 Row 33
Column 3 		Screen Entry This number should be greater than zero. Please explain. Explanation Yes
Reason: Line 21, there were no contributions that resulted in additions to permanent endowments.