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Key Performance IndicatorsMid-Year ReportSpring 2012 University of the Virgin Islands Board of Trustees Meeting March 10, 2012 1 Enrollment Financial Research Development 2 Mid-Year Report Enrollment Indicators 3 Headcount = 2,513 4% Males = 699 1% St. Croix = 1,044 3% Males = 277 2% Females = 767 4% St. Thomas = 1,469 5% Males = 422 1% Females = 1,047 8%  4 Spring 2012 Final Enrollment  Headcount Enrollment by CampusSpring 2012 vs. 2011 Final Spring 2012 February 24, 2012 Final Spring 2011 February 18, 2011 %Increase/Decrease HEADCOUNT STT STX Total STT STX Total % STT % STX % TOTAL Graduates Full-Time Students 42 12 54 37 12 49 14% 0% 10% Part-time Students 73 79 152 85 87 172 -14% -9% -12% Total 115 91 206 122 99 221 -6% -8% -7% Undergraduates Full-Time Students 867 419 1,286 897 470 1,367 -3% -11% -6% Part-Time Students 487 534 1,021 535 502 1,037 -9% 6% -2% Total 1,354 953 2,307 1,432 972 2,404 -5% -2% -4% Total 1,469 1,044 2,513 1,554 1,071 2,625 -5% -3% -4% 5 Full-Time Equivalency (FTE) Spring 2012 vs. 2011  4% Total FTE Spring 2012 vs. Spring 2011 ◦Undergraduate FTE (12hrs) ◦ 4% vs. Spring 2011 ◦Graduate FTE (9hrs) 3% vs. Spring 2011 105 131 127 2,236 2,163 2,072 2,341 2,294 2,199 0 500 1,000 1,500 2,000 2,500 2010 2011 2012 Graduate FTE Undergraduate FTE Total FTE 6 Spring 2012 New Freshmen Profile 7 Freshmen Profile 115 21% 43% are 19/Younger 75% Full-time 5% 92% In-Territory 37% Male 6% SAT Scores 740 14 pts 84% Skills Classes 4% Spring 2012 Undergraduate Profile 8 Undergraduate Profile 2,307 UG/2,513 4% 27 Average Age 56% Full-Time 1% 64% - St. Thomas 1% 44% - St. Croix 4% 93% In-Territory 28% Male 1%  1% Financial Indicators All references to FY 2011 are based on unaudited numbers. 9 Finance Indicators Financial Indicators – FY 2011 (unaudited) ◦VI Government Support 3% ◦UVI Revenues from Operations 17% ◦Total Operating Revenues 2% Summary Revenues - FY 2010 (audited) 10 • Unrestricted Revenues • Federal Restricted Revenues • Local Capital Appropriation (Debt Service) • Gifts • Net Investment Income • Total Actual Sources of Funds FY2010 $52,229,748 3% $31,097,536 75% $ 3,192,205 0% $ 336,918 44% $ 2,486,132 189% $89,342,539 22% VI Government Support 3% (Appropriations for operations FY 11 - $33,412,293) (Appropriations for operations FY 10 - $34,619,255) UVI Revenues from Operations** 17% (All revenues FY 11 – $38,305,682) (All revenues FY 10 – $46,326,348) (census included) * Financial Indicators refer to actual unrestricted operating revenues and not budgeted revenues. (Source: UVI Administration and Finance). FY 2011 numbers are unaudited / FY 2010 Audited Statement **Revenues from Operations(restricted + unrestricted) = tuition and fees + federal grants and contracts excluding student grants + state grants and contracts + auxiliary + miscellaneous income. (Source: UVI Administration and Finance) 11 Financial Indicators* – FY 2011 Operating Appropriations from VI Government to UVI 12 VI Appropriations* 6% * Allotment only $31.4 $31.4 $29.4 2009 2010 2011 FY Annual Appropriations Millions UVI’s Total Operating Revenues*(Unrestricted) $48.6 $48.9 $48.1 2009 2010 2011 FY Annual Revenues 13 *Operating revenues (unrestricted) = tuition and fees + government operating appropriations + auxiliary + miscellaneous income. 2% Millions 14 % of VI Gov’t Operating Appropriations to UVI’s Operating Revenues 3 pts (FY 10 to FY 11) 61% 62% 59% 2009 2010 2011 22% 25% 28% 2009 2010 2011 15 3 pts Total revenues for the essential education activities of the institution. Core revenues for public institutions (…GASB standards) include: Tuition and fees Government appropriations (federal, state, and local) Government grants and contracts Private gifts, grants, and contracts Investment income Other operating and non-operating sources Other revenues and additions Core revenues exclude revenues from auxiliary enterprises (e.g., bookstores, residence halls), hospitals, and independent operations. (Source: IPEDS Glossary) 16 Core Revenues Defined Appropriations as % of Core Revenues  Peer Comparisons – FY 2010 University of Puerto Rico-Aguadilla 51 SUNY at Purchase College 50 Peru State College 46 University of the Virgin Islands 37 University of Guam 37 Eastern Oregon University 34 Kentucky State University 34 Montana State University-Northern 33 Mississippi University for Women 32 Savannah State University 31 University of Mary Washington 29 Lake Superior State University 26 Lander University 21 Keene State College 18 Castleton State College 16 17 Keene State College 66 Castleton State College 66 University of Mary Washington 48 Lander University 37 Lake Superior State University 30 SUNY at Purchase College 28 Eastern Oregon University 28 Kentucky State University 23 Peru State College 21 Montana State University-Northern 21 Mississippi University for Women 20 Savannah State University 17 University of the Virgin Islands 15 University of Guam 13 University of Puerto Rico-Aguadilla 4 18 Summary Changes in Net Assets FY 2010* Changes in Net Assets Total Revenues (All sources) $ 86,879,226.00 Total Operating Expense (excluding Depreciation + Interest on Indebtedness) $ (77,357,860.00) Net Revenues before Interest and Depreciation Expenses $ 9,521,366.00 Interest Payment on Indebtedness $ (2,463,313.00) Depreciation Expense $ (2,406,715.00) Total of Interest and Depreciation $ (4,870,028.00) Increase in Net Assets $ 4,651,338.00 19 *Based on 2010 Audited Financial Statements. Summary Changes in Net Assets FY 2009* Changes in Net Assets Total Revenues (All sources) $70,879,312 Total Operating Expense (excluding Depreciation + Interest on Indebtedness) ($65,835,400) Net Revenues before Interest and Depreciation Expenses $5,043,912 Interest Payment on Indebtedness ($2,498,306) Depreciation Expense ($2,287,584) Total of Interest and Depreciation ($4,785,890) Increase in Net Assets $258,022 20 *Based on 2009 Audited Financial Statements. Research Indicators 21 Awarded Grants and Contracts* 7% UVI is 2nd amongst peers in amount of money received in federal grants 22 Research IndicatorsFY 2011 *The total amount of grants and contracts are reported in the fiscal year in which they are received, regardless of the number of years covered.  Externally Funded  Grants and Contracts AwardedFY 2011 $15 $16 $17 2009 2010 2011 Grants and Contracts 7%* 23 VISION 2012 3D – Increase mission-centered grants acquisitions that support and promote research and community development. AMP 1,b, ii, d, Provide support to University/s grant-seeking and grants administrative efforts. *Based on actual numbers. Calculation: $17,289,075 -$16,216,628 = 6.61% $16,216,628 Millions Development Indicators 24 Total Contribution: $398,906 27% Cash Contributions $390,906 10% 2% Alumni Contributed ◦$22,415 Total Contributions 10% $164 Average Gift 4% $50 Median Gift 50%  44% Cabinet Contributed 1pt $3,100 Total Contributions 162% $775 Average Gift 228% $50 Median Gift 64%  39% Trustees Contributed 9 pts $13,000 Total Contributions 16% $1,857 Average Gift 17% $600 Median Gift 20% 25 Development (10/1/11 – 02/09/12)