Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Finance 21-11 Overview Finance Overview Purpose The purpose of the IPEDS Finance component is to collect basic financial information from items associated with the institution's General Purpose Financial Statements. Resources: To download the survey materials for this component: Survey Materials To access your prior year data submission for this component: Reported Data If you have questions about completing this survey, please contact the IPEDS Help Desk at 1-877-225-2568.
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 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: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Finance - Public institutions General Information GASB-Reporting Institutions (aligned form) To the extent possible, the finance data requested in this report should be provided from your institution's audited General Purpose Financial Statements (GPFS). Please refer to the instructions specific to each screen of the survey for details 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, 21.) Beginning: month/year Month: 7 Year: 29 (MMYYYY) And ending: month/year Month: 6 Year: 21 (MMYYYY) 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.) Unqualified Qualified (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
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Part A - Statement of Net Assets Line no. Current year amount Prior year amount Current Assets 1 Total current assets 93,81,784 66,335,914 Noncurrent Assets 31 Depreciable capital assets, net of depreciation 86,77,73 56,596,965 4 Other noncurrent assets CV=[A5-A31] 54,317,95 57,372,9 5 Total noncurrent assets 14,395,68 113,969,55 6 Total assets CV=(A1+A5) 234,26,464 18,34,969 Current Liabilities 7 Long-term debt, current portion 5,638,666 7,979,659 8 Other current liabilities CV=(A9-A7) 3,822,823 23,325,497 9 Total current liabilities 36,461,489 31,35,156 Noncurrent Liabilities 1 Long-term debt 18,4,71 83,1,635 11 Other noncurrent liabilities CV=(A12-A1) 6,332,44 2,581,1 12 Total noncurrent liabilities 114,372,745 85,582,636 13 Total liabilities CV=(A9+A12) 15,834,234 116,887,792 Net Assets 14 Invested in capital assets, net of related debt 66,693,66 5,434,579 15 Restricted-expendable 9,966,773 9,24,1 16 Restricted-nonexpendable 17 Unrestricted 6,711,851 3,778,597 CV=[A18-(A14+A15+A16)] 18 Total net assets CV=(A6-A13) 83,372,23 63,417,177
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Part A - Statement of Net Assets (Page 2) Line No. Description Ending balance Prior year Ending balance Capital Assets 21 Land & land improvements 44,542,996 44,542,996 22 Infrastructure 128,725 128,725 23 Buildings 147,987,12 115,9,879 32 Equipment, including art and library collections 27,527,323 25,973,678 27 Construction in progress 4,92,71 1,48,288 Total for Plant, Property and Equipment CV = (A21+.. A27) 224,278,217 196,63,566 28 Accumulated depreciation 89,352,817 84,32,712 33 Intangible assets, net of accumulated amortization 34 Other capital assets
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Part B - Revenues and Other Additions Report in whole dollars only Line No. Source of Funds Current year amount Prior year amount Operating Revenues 1 Tuition & fees, after deducting discounts & allowances 35,441,759 37,12,897 Grants and contracts - operating 2 Federal operating grants and contracts 5,541,7 4,566,39 3 State operating grants and contracts 21,792,186 19,157,514 4 Local government/private operating grants and contracts 2,928,942 2,767,5 4a Local government operating grants and contracts 1,64,947 1,716,66 4b Private operating grants and contracts 1,287,995 1,5,984 5 Sales & services of auxiliary enterprises, 54,65 747,335 after deducting discounts & allowances 26 Sales & services of educational activities 8 Other sources - operating (CV) CV=[B9-(B1+...+B7)] 859,4 72,592 9 Total operating revenues 67,66,999 64,971,427
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Part B - Revenues and Other Additions Line No. Source of funds Current year amount Prior year amount Nonoperating Revenues 1 Federal appropriations 3,11,895 11 State appropriations 42,717,587 48,545, 12 Local appropriations, education district taxes, & similar support 33,282,593 22,265,287 Grants-nonoperating 13 Federal nonoperating grants 59,116,12 42,789,982 14 State nonoperating grants 15 Local government nonoperating grants 16 Gifts, including contributions from affiliated organizations 1,46 18,819 17 Investment income 48,696 38,878 18 Other nonoperating revenues CV=[B19-(B1+...+B17)] 3,972,891 4,413,55 19 Total nonoperating revenues 142,159,72 118,71,471 27 Total operating and nonoperating revenues CV=[B19+B9] 29,226,719 183,42,898 28 12-month Student FTE from E12 CV=[B28a+B28b] 17,624 28a Undergraduates 17,624 28b Graduates 29 Total operating and nonoperating revenues per student FTE CV=[B27/B28] 11,872
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Part B - Revenues and Other Additions Line No. Source of funds Current year amount Prior year amount Other Revenues and Additions 2 Capital appropriations 36,484,69 2,631,561 21 Capital grants & gifts 22 Additions to permanent endowments 23 Other revenues & additions CV=[B24-(B2+...+B22)] 24 Total other revenues and additions 36,484,69 2,631,561 25 Total all revenues and other additions CV=[B9+B19+B24] 245,71,788 23,674,459
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Part C - Expenses and Other Deductions Report in whole dollars only 1 2 3 4 5 6 7 8 Line Description Total amount Salaries & wages Employee fringe benefits Operation and No. maintenance of plant Expenses and Deductions Depreciation Interest All other 1 Instruction 3,249,685 92,52,987 59,241,817 2,927,87 5,287,61 1,695,864 1,65,24 8,48,75 2 Research 6,697 149,695 59,673 15,269 8,68 2,761 2,687 282,1 3 Public service 29,513 1,575,328 578,541 21,813 33,44 97,321 94,7 1,251,6 5 Academic support 1,195,381 13,269,441 3,983,269 1,467,71 4,56,632 1,31,59 1,266,29 1,787,38 6 Student services 4,71,21 21,679,79 9,588,856 3,346,234 2,47,564 792,369 771,35 17,332,264 7 Institutional support 54,78,133 15,477,888 4,759,862 8,646,976 2,773,292 2,698,624 2,423,491 43,372,338 8 Operation & 12,593,495 6,579,49 2,348,51-21,52,595 maintenance of plant (see instructions) 1 Scholarships and 36,5,612 36,5,612 26,81,967 fellowships expenses, excluding discounts & allowances 11 Auxiliary enterprises 2,136,69 438,224 112,657 746,765 252,68 233,57 353,919 1,991,55 14 Other expenses & deductions CV=[C19-(C1+...+C13)] 3,49,68-1 3,49,69 6,73,984 19 Total expenses & deductions 224,743,33 95,947,317 33,187,763 6,914,734 6,716,336 81,976,883 188,382,366 Prior year amount 188,382,366 87,124,53 28,29,348 5,721,587 4,647,23 62,598,95 2 12-month Student FTE 17,624 from E12 CV=[C2a+C2b] 2a Undergraduates 17,624 2b Graduates 21 Total expenses and deductions per student FTE CV=[C19/C2] 12,752 PY Total Amount
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Part D - Summary of Changes In Net Assets Line No. Description Current year amount Prior year amount 1 Total revenues & other additions (from B25) 245,71,788 23,674,459 2 Total expenses & deductions (from C19) 224,743,33 188,382,366 3 Change in net assets during year CV=(D1-D2) 2,967,755 15,292,93 4 Net assets beginning of year 63,417,177-17,4, 5 Adjustments to beginning net assets and other gains or losses -1,12,72 65,525,84 CV=[D6-(D3+D4)] 6 Net assets end of year (from A18) 83,372,23 63,417,177
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Part E - Scholarships and Fellowships Line No. Source Current year amount Prior year amount 1 Pell grants (federal) 59,116,12 42,789,982 2 Other federal grants 1,845,726 1,35,771 3 Grants by state government 15,346,68 14,66,312 4 Grants by local government 626,224 1,262,557 5 Institutional grants from restricted resources 25,462 915,118 6 Institutional grants from unrestricted resources CV=[E7-(E1+...+E5)] 2,344,875 264,599 7 Total gross scholarships and fellowships 79,34,979 6,64,339 Discounts and Allowances 8 Discounts & allowances applied to tuition & fees 43,254,367 33,793,372 9 Discounts & allowances applied to sales & services of auxiliary enterprises CV= (E1-E8) 1 Total discounts & allowances CV=(E7-E11) 43,254,367 33,793,372 11 Net scholarships and fellowships expenses after deducting discount & allowances (from C1) 36,5,612 26,81,967
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Part H - Details of Endowment Assets Line No. Value of Endowment Assets Market Value Prior Year Amounts Include not only endowment assets held by the institution, but any assets held by private foundations affiliated with the institution. 1 Value of endowment assets at the beginning of the fiscal year 4,83,84 3,417,813 2 Value of endowment assets at the end of the fiscal year 3,417,813 3,733,373
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Part J - Revenue Data for Bureau of Census Source and type Total for all funds Education and and operations general/independent (includes operations endowment funds, but excludes component units) Amount Auxiliary enterprises Hospitals Agriculture extension/experiment services (1) (2) (3) (4) (5) 1 Tuition and fees 78,696,126 78,696,126 2 Sales and 54,65 54,65 services 3 Federal 5,541,7 5,541,7 grants/contracts (excludes Pell Grants) Revenue from the state government: 4 State 79,21,656 79,21,656 appropriations, current & capital 5 State grants 21,792,186 21,792,186 and contracts Revenue from local governments: 6 Local 33,282,593 33,282,593 appropriation, current & capital 7 Local government grants/contracts 8 Receipts from property and non-property taxes 9 Gifts and private grants, including capital grants 1 Interest earnings 11 Dividend earnings 12 Realized capital gains 1,298,41 18,779 29,917 1,64,947 1,64,947
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Part K - Expenditure Data for Bureau of Census Category Total for all funds and Education and general/ operations (includes independent operations endowment funds, but excludes component units) Amount Auxiliary enterprises Hospitals Agriculture extension/ experiment services (1) (2) (3) (4) (5) 1 Salaries and wages 95,947,317 95,59,93 438,224 2 Employee benefits, total 33,187,763 33,75,16 112,657 3 Payment to state retirement funds (maybe included in line 2 above) 4 Current expenditures 42,877,22 42,523,282 other than salaries Capital outlay: 353,92 5 Construction 2,648,558 2,648,558 6 Equipment purchases 3,414,21 3,414,21 7 Land purchases 8 Interest on debt outstanding, all funds & activities 9 Scholarships/fellowships 79,34,979 79,34,979
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Part L - Debt and Assets, page 1 Debt Category 1 Long-term debt outstanding at beginning of fiscal year 2 Long-term debt issued during fiscal year 3 Long-term debt retired during fiscal year 4 Long-term debt outstanding at end of fiscal year 5 Short-term debt outstanding at beginning of fiscal year 6 Short-term debt outstanding at end of fiscal year Amount
Institution: CUNY Borough of Manhattan Community College (19521) User ID: 36c21 Part L - Debt and Assets, page 2 Assets Category 7 Total cash and security assets held at end of fiscal year in sinking or debt service funds 8 Total cash and security assets held at end of fiscal year in bond funds 9 Total cash and security assets held at end of fiscal year in all other funds Amount
Institution: CUNY Borough of Manhattan Community College (19521) Summary Finance Survey Summary User ID: 36c21 IPEDS collects important information regarding your institution. All data reported in IPEDS survey components become available in the IPEDS Data Center and appear as aggregated data in various Department of Education reports. Additionally, some of the reported data appears specifically for your institution through the College Navigator website and is included in your institution s Data Feedback Report (DFR). The purpose of this summary is to provide you an opportunity to view some of the data that, when accepted through the IPEDS quality control process, will appear on the College Navigator website and/or your DFR. College Navigator is updated approximately three months after the data collection period closes and Data Feedback Reports will be available through the ExPT and sent to your institution s CEO in November 211. Please review your data for accuracy. If you have questions about the data displayed below after reviewing the data reported on the survey screens, please contact the IPEDS Help Desk at: 1-877-225-2568 or ipedshelp@rti.org. Core Revenues Revenue Source Reported values Percent of total core revenues Core revenues per FTE enrollment Tuition and fees $35,441,759 14% $2,11 Government appropriations $79,12,75 32% $4,483 Government grants and contracts $88,9,152 36% $4,998 Private gifts, grants, and contracts $1,298,41 1% $74 Investment income $48,696 % $3 Other core revenues $41,316, 17% $2,344 Total core revenues $245,26,723 1% $13,913 Total revenues $245,71,788 $13,942 Core revenues include tuition and fees; government appropriations (federal, state, and local); government grants and contracts; private gifts, grants, and contracts; investment income; other operating and nonoperating sources; and other revenues and additions. Core revenues exclude revenues from auxiliary enterprises (e.g., bookstores, dormitories), hospitals, and independent operations. Core Expenses Expense function Reported values Percent of total core expenses Core expenses per FTE enrollment Instruction $92,52,987 41% $5,223 Research $149,695 % $8 Public service $1,575,328 1% $89 Academic support $13,269,441 6% $753 Institutional support $54,78,133 25% $3,18 Student services $21,679,79 1% $1,23
Core Expenses Other core expenses $39,99,68 18% $2,219 Total core expenses $222,66,343 1% $12,631 Total expenses $224,743,33 $12,752 Core expenses include expenses for instruction, research, public service, academic support, institutional support, student services, operation and maintenance of plant, depreciation, scholarships and fellowships expenses, other expenses, and nonoperating expenses. Calculated value FTE enrollment 17,624 The full-time equivalent (FTE) enrollment used in this report is the sum of the institution s FTE undergraduate enrollment and FTE graduate enrollment (as calculated from or reported on the 12-month Enrollment component). FTE is estimated using 12- month instructional activity (credit and/or contact hours). All doctor s degree students are reported as graduate students.
Institution: CUNY Borough of Manhattan Community College (19521) Explanation Report User ID: 36c21 Number Source Location Description Severity Accepted Screen: Part B - Revenues and Other Additions 1 Row: 33 Col: 3 Perform Edits This number should not be zero or blank. Please explain. Explanation Reason: Every year the University receive gifts that either create new or augment existing endowments. These gifts are important to be shown separately from other gifts received as they are permanently nonexpendable. Only the income generated by these funds are used toward fulfilling the original intent of their gift. Yes