Eagles Eye 2019 including the 2018/2019 Annual Report
The 30th Anniversary edition of Cincinnati Hills Christian Academy's Eagles Eye and 2018-2019 Annual Report
The 30th Anniversary edition of Cincinnati Hills Christian Academy's Eagles Eye and 2018-2019 Annual Report
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THE YEAR IN REVIEW<br />
<strong>2018</strong>-<strong>2019</strong> FINANCIAL REPORTS<br />
A Look at Our Revenues and Expenses<br />
<strong>2018</strong>/19 Actual 2017/18 Actual<br />
REVENUES<br />
Tuition & Fees<br />
Contributions<br />
State Funds<br />
Investment/O<strong>the</strong>r Income<br />
Net Assets Released<br />
TOTAL REVENUES<br />
$21,857,519<br />
$739,755<br />
$1,473,625<br />
$150,784<br />
$209,452<br />
$24,431,135<br />
$20,884,911<br />
$698,604<br />
$1,487,729<br />
$78,080<br />
$337,227<br />
$23,486,551<br />
EXPENSES<br />
Payroll & Benefits<br />
Financial Aid<br />
Operating Expenses<br />
Reserves<br />
$14,613,336<br />
$2,962,493<br />
$6,645,571<br />
$0<br />
$14,562,299<br />
$2,739,408<br />
$6,664,438<br />
$0<br />
TOTAL EXPENSES<br />
$24,221,400<br />
$23,966,145<br />
NET INCOME $209,735 - $479,594<br />
These numbers exclude certain areas that are contained in <strong>the</strong> audited financial statement, such as: capital gifts, endowment<br />
gifts, and depreciation.<br />
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