REPORT DIGEST NORTHERN ILLINOIS UNIVERSITY ALUMNI ASSOCIATION FINANCIAL AUDIT For the Year Ended: June 30, 2001 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 Our report covers the financial audit for the period ending June 30, 2001.
AUDITORS OPINION
Our auditors state the Alumni Associations financial statements as of June 30, 2001 were fairly presented.
____________________________________ WILLIAM G. HOLLAND, Auditor General WGH:SES:pp SPECIAL ASSISTANT AUDITORS The Bronner Group, Inc. were our special assistant auditors on this audit. {Expenditures and Activity Measures are summarized on the reverse page.} |
NORTHERN ILLINOIS UNIVERSITY ALUMNI ASSOCIATION
FINANCIAL AUDIT
For the Year Ended June 30, 2001
FINANCIAL OPERATIONS (ALL FUNDS) | FY 2001 |
FY 2000 |
REVENUES Gifts |
$198,367 (25,517) |
$16,024 139,713 |
EXPENDITURES Scholarships and
Awards |
$61,866 |
$63,176 |
SELECTED ACCOUNT BALANCES | AT JUNE 30, 2001 |
AT JUNE 30, 2000 |
Funds Held by Northern Illinois University Foundation Accounts Payable |
$1,817,265 |
$1,625,888 |
FOUNDATION OFFICIALS |
During Audit Period: Lee McCauley Currently: Lee McCauley |