REPORT DIGEST CHICAGO STATE UNIVERSITY FOUNDATION FINANCIAL AUDIT For the Year Ended: June 30, 2000 Release Date: State of Illinois Office of the Auditor General WILLIAM G. HOLLAND AUDITOR GENERAL To obtain a copy of the Report contact: (217)782-6046 or TDD (217) 524-4646 This Report Digest is also available on |
INTRODUCTION
This digest covers our financial audit of the Foundation for the year ended June 30, 2000. A compliance audit covering the two years ended June 30, 2001 will be issued at a later date. AUDITORS OPINION Our auditors stated the Foundation's financial statements as of June 30, 2000, and for the year then ended, are fairly presented in all material respects.
____________________________________ WILLIAM G. HOLLAND, Auditor General WGH:KMM:pp SPECIAL ASSISTANT AUDITORS Washington Pittman & McKeever, LLC were our special assistant auditors for this audit.
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CHICAGO STATE UNIVERSITY FOUNDATION
FINANCIAL AUDIT
For The Two Years Ended June 30, 2000
FINANCIAL OPERATIONS (ALL FUNDS) | FY 2000 |
FY 1999 |
REVENUES Contributions Investment and Dividends Other Revenue Total Revenue EXPENDITURES Direct Program Scholarships Other Expenditures Total Expenditures EXCESS REVENUE OVER EXPENDITURES |
$1,005,172 70,730 572,322 $1,648,224
$449,993 105,344 810,159 $1,365,496 $282,728 |
$ 762,161 289,157 157,639 $1,208,957
$484,788 60,557 307,974 $853,319 $355,638 |
FOUNDATION EXECUTIVE DIRECTOR | ||
During Audit Period: Mr. Katey' Assem Currently: Mr. Katey' Assem |