School Financial Report

School Financial Report

I. Introduction

This School Financial Report provides a comprehensive overview of the financial activities and standing of [YOUR COMPANY NAME] for the fiscal year ending December 31, 2050. The report aims to offer transparency and accountability regarding the management of financial resources to various stakeholders.

II. Executive Summary

In the fiscal year ending December 31, 2050, [YOUR COMPANY NAME] achieved significant milestones in financial management and operational efficiency.

A. Financial Highlights

Metric

Amount

Total Revenue

$2,500,000

Total Expenses

$2,200,000

Net Surplus

$300,000

B. Fund Balances

Fund

Opening Balance

Closing Balance

General Fund

$800,000

$1,000,000

Scholarship Fund

-

$300,000

Capital Improvement Fund

-

$200,000

III. Financial Performance

A. Revenue

1. Tuition Fees

Level

Amount

Elementary School

$800,000

Middle School

$700,000

High School

$700,000

Total

$2,200,000

2. Grants and Donations

Source

Amount

Grants

$250,000

Donations

$50,000

Total

$300,000

B. Expenses

1. Personnel Expenses

Category

Amount

Salaries

$1,200,000

Benefits

$300,000

Total

$1,500,000

2. Operational Expenses

Category

Amount

Utilities

$100,000

Maintenance

$200,000

Supplies

$400,000

Total

$700,000

C. Fund Balances

1. General Fund

The general fund serves as the primary fund for [YOUR COMPANY NAME]'s operational needs. The balance increased from $800,000 to $1,000,000 during the fiscal year.

2. Special Funds

[YOUR COMPANY NAME] maintains special funds for specific purposes. The breakdown of special funds includes:

  • Scholarship Fund: $300,000

  • Capital Improvement Fund: $200,000

IV. Budget Analysis

A. Actual vs. Expenses

Category

Amount

Utilities

$100,000

Maintenance

$200,000

Supplies

$400,000

Total

$700,000

V. Financial Ratios

A. Liquidity Ratios

1. Current Ratio

Formula

Calculation

Result

Current Assets / Current Liabilities

$1,200,000 / $400,000

3.0

2. Quick Ratio

Formula

Calculation

Result

(Current Assets - Inventory) / Current Liabilities

($1,200,000 - $100,000) / $400,000

2.75

B. Efficiency Ratios

1. Asset Turnover Ratio

Formula

Calculation

Result

Revenue / Total Assets

$2,500,000 / $2,000,000

1.25

2. Receivables Turnover Ratio

Formula

Calculation

Result

Revenue / Accounts Receivable

$2,500,000 / $50,000

50

C. Profitability Ratios

1. Net Profit Margin

Formula

Calculation

Result

Net Income / Total Revenue

$300,000 / $2,500,000

12%

2. Return on Assets (ROA)

Formula

Calculation

Result

Net Income / Total Assets

$300,000 / $2,000,000

15%

VI. Conclusion

In conclusion, [YOUR COMPANY NAME] has maintained a strong financial position in the fiscal year ending December 31, 2050, demonstrating prudent financial management and accountability. The school's robust revenue streams, controlled expenses, and healthy fund balances indicate sound financial stewardship. Moving forward, [YOUR COMPANY NAME] will continue to prioritize fiscal responsibility and strategic investments to ensure long-term sustainability and academic excellence.

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