Financial Statement The change in net assets from the FY 2018 Audited Financial Statements was $1,444,240. The following are financial highlights from the year. As a result of the new partnership with Teachers21, total assets increased by over $1.2 million and total net assets increased by over $900,000. The partnership will add over $1 million of non-tuition revenue in FY 2019. Revenues from Government Grants totaled $1.85 million, the most in the College’s history. 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. 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 FY‘17 FY‘17 FY‘17 FY‘17 FY‘17 FY‘18 FY‘18 FY‘18 FY‘18 FY‘18 $36.6 MILLION in total assets $14.7 MILLION in net assets $1.85 MILLION in government contracts $1.56 MILLION in scholarship aid $1.11 MILLION in student employment $480K $660K $730K $980K $1.85M $650K $825K $905K $1.01M $1.11M $860K $1.03K $1.25M $1.23M $1.56M $7.0M $9.1M $10.8M $12.3M $14.7M $16.3M $17.3M $34.2M $36.6M $32.9M 26 RAPPORT | Notes & News