Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 2822 RAPPORT | Notes & News Financial Statement In January 2016, 91Ï㽶ÊÓƵ³ÉÈËÔÚÏß purchased its leased facility of approximately 86,000 square feet for $18.1 million with tax-exempt financing. The purchase enables the College to save approximately $1 million per year for several years instead of continuing to lease space. The change in net assets from the FY 2016 Audited Financial Statements was $1,697,802. The following are financial highlights from the year. FY ’12 FY ’12 FY ’12 FY ’12 FY ’12 FY ’13 FY ’13 FY ’13 FY ’13 FY ’13 FY ’14 FY ’14 FY ’14 FY ’14 FY ’14 FY ’15 FY ’15 FY ’15 FY ’15 FY ’15 FY ’16 FY ’16 FY ’16 FY ’16 FY ’16 $12.7M $32.9 MILLION in total assets $10.8 MILLION in net assets $729 THOUSAND in revenues from development activity $1.25 MILLION in scholarship aid $905 THOUSAND in student employment $5.3M $398K $667K $777K $658K $729K $480K $495K $571K $647K $823K $905K $548K $858K $1.04M $1.25M $5.9M $7.0M $9.1M $10.8M $15.2M $16.3M $17.3M $32.9M For detailed information about our financial statements, please contact Daniel Brent, Vice President of Finance and Operations, at 617-564-9336 or dan_brent@williamjames.edu.