The College awarded over $1.5 million in scholarship aid and paid out over $1.2 million in student employment. The combined total of $2.75 million represents almost 10% of the total operating budget.
Revenues from contributions and gifts totaled $2.4 million and revenues from government grants totaled $2.2, the most in the College’s history.
The change in net assets from the FY 2020 Audited Financial Statements was $3,215,195, the highest in the College’s history. The following are financial highlights from the year:
$43.2 million in Total Assets
$18.9 million in Net Assets
$2.21 million in Government Contracts
$1.53 million in Scholarship Aid
$1.22 million in Student Employment
For detailed information about our financial statements, please contact Daniel Brent, Vice President of Finance and Operations, at 617-564-9336 or firstname.lastname@example.org.