IPEDS Reporting Year Finance 2005-06 (2004-05 Data)

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Finance - Public institutions
 Reporting Standard 
 Please indicate which reporting standards are used to prepare your financial statements: 
         Radio On  GASB (Governmental Accounting Standard Board), using standards of GASB 34 & 35 
   Radio Off  FASB (Financial Accounting Standard Board) 
 Please consult your business officer for the correct response before saving this screen. Your response to this question will determine the forms you will receive for reporting finance data. 
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Finance - Public institutions
 General Information
Finance - Public Institutions
 
 To the extent possible, the finance data requested in this report should be provided from your institution's audited General Purpose Financial Statement (GPFS). Please refer to the instructions specific to each page of the survey for detailed instruction and references. 
 1. Fiscal Year calendar 
 This report covers financial activities for the 12-month fiscal year: (The fiscal year reported should be the most recent fiscal year ending before October 1, 2005.) 
 Beginning: month/year (MMYYYY)   Month:   Year:  2004 
 And ending: month/year (MMYYYY)   Month:   Year:  2005 
 2. Audit Opinion 
 Did your institution receive an unqualified opinion on its General Purpose Financial Statements from your auditor for the fiscal year noted above? (If your institution is audited only in combination with another entity, answer this question based on the audit of that entity.) 
       Radio On  Yes  Radio Off  No  Radio Off  Don't know                 
 3. GASB Statement No. 34 offers three alternative reporting models for special-purpose governments like colleges and universities. Which model is used by your institution ? 
        Radio On  Business Type Activities 
   Radio Off  Governmental Activities 
   Radio Off  Governmental Activities with Business-Type Activities 
 4. If your institution participates in intercollegiate athletics, are the expenses accounted for as auxiliary enterprises or treated as student services? 
  
       Radio On  Auxiliary enterprises                 
       Radio Off  Student services                 
       Radio Off  Does not participate in intercollegiate athletics                 
       Radio Off  Other (specify in caveats box below)                 
 5. Does this institution or any of its foundations or other affiliated organizations own endowment assets ? 
       Radio On  Yes - (report endowment assets)                 
   Radio Off  No 
 6.Component Units 
 Each discretely presented component unit should be reported in the same manner and amounts as included on the face of the institutionís GPFS. There should be one Finance Survey component unit form (Part F or G) completed for each column on the face of the GPFS other than the institution itself, whether that column represents a single component unit or a combination of component units. 
        Number of component unit columns on GPFS using FASB standards 
    Number of component unit columns on GPFS using GASB standards 
 System or Governing Board (please see instructions about reporting System data) 
 Please select the applicable option below: 
      Radio Off  This Finance Survey form is for an institution that is NOT part of a system 
      Radio On  This Finance Survey form is for an institution that is part of a system 
    Name of the system is:  UNIVERSITY OF MISSOURI SYSTEM 
      Radio Off  This Finance Survey form is for a system (or governing board) office 
 Caveats: 
 
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part A - Statement of Net Assets
 Fiscal Year 2005 
    Report in whole dollars only 
  
 Line no.      Current year amount   Prior year amount 
    Current Assets        
 01   Total Current Assets  36,249,305  29,045,300 
  
    Noncurrent Assets        
 02   Capital assets - depreciable (gross)  257,412,900  235,885,672 
 03   Accumulated depreciation (enter as a positive amount)  101,390,741  87,449,165 
 04   Other noncurrent assets (CV)
CV
=[A05-(A02-A03)] 
112,557,189  118,468,953 
 05   Total noncurrent assets  268,579,348  266,905,460 
  
 06   Total assets (CV)
CV
=(A01+A05) 
304,828,653  295,950,760 
  
    Current Liabilities        
 07   Long-term debt, current portion  638,167  436,988 
 08   Other current liabilities (CV)
CV=(A09-A07) 
18,015,843  16,522,966 
 09   Total current liabilities  18,654,010  16,959,954 
  
    Noncurrent Liabilities        
 10   Long-term debt  32,695,988  33,347,552 
 11   Other noncurrent liabilities (CV)
CV
=(A12-A10) 
 12   Total noncurrent liabilities  32,695,988  33,347,552 
  
 13   Total liabilities (CV)
CV
=(A09+A12) 
51,349,998  50,307,506 
  
    Net Assets        
 14   Invested in capital assets, net of related debt  123,438,883  124,277,410 
 15   Restricted-expendable  45,162,804  45,420,927 
 16   Restricted-nonexpendable  63,563,298  53,087,828 
 17   Unrestricted (CV)
CV
=[A18-(A14+A15+A16)] 
21,313,670  22,857,089 
 18   Total Net assets (CV)
CV
=(A06-A13) 
253,478,655  245,643,254 
  
  
 CV= Calculated Value 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part A - Plant, Property, and Equipment
 Fiscal Year 2005 
    Report in whole dollars only             
  
 Line No.   Description   Beginning
balance 
 Additions   Retirements
(CV) 
 Ending balance 
    Plant,Property, and Equipment             
  
 21   Land & land improvements  4,845,109  518,158  90  5,363,177 
 22   Infrastructure  10,288,987  2,339,503  12,628,490 
 23   Buildings  148,853,522  32,108,211  180,961,733 
 24   Equipment  33,431,864  5,511,427  3,242,590  35,700,701 
 25   Art and library collections  18,624,030  1,067,453  19,691,483 
 26   Property obtained under capital leases
(if not included in equipment) 
 27   Construction in progress  19,842,159  16,774,843  3,067,316 
 28   Accumulated depreciation  97,614,296  6,981,529  3,205,084  101,390,741 
  
    CV = (Beginning Balance + Additions - Ending Balance)       
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part B - Revenues and Other Additions
 Fiscal Year 2005 
    Report in whole dollars only       
  
 Line No.   Source of Funds   Current year amount   Prior year amount 
    Operating Revenues       
 01   Tuition & fees, after deducting discounts & allowances  30,866,900  26,754,405 
    Grants and contracts - operating       
 02   Federal operating grants and contracts  23,392,114  22,152,763 
 03   State operating grants and contracts  1,594,603  2,307,316 
 04   Local/private operating grants and contracts  8,377,578  12,458,705 
 05   Sales & services of auxiliary enterprises,
after deducting discounts & allowances 
9,396,550  9,049,635 
 06   Sales & services of hospitals,
after deducting patient contractual allowances 
 07   Independent operations 
 08   Other sources - operating (CV)
CV
=[B09-(B01+ ....+B07)] 
8,928,545  6,819,486 
 09   Total operating revenues  82,556,290  79,542,310 
  
  
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part B - Revenues and Other Additions
 Fiscal Year 2005 
    Report in whole dollars only        
  
 Line No.   Source of funds   Current year amount   Prior year amount 
    Nonoperating Revenues       
 10   Federal appropriations 
 11   State appropriations  44,842,260  44,400,760 
 12   Local appropriations, education district taxes, & similar support 
    Grants-nonoperating       
 13   Federal nonoperating grants 
 14   State nonoperating grants 
 15   Local nonoperating grants 
 16   Gifts, including contributions from affiliated organizations  7,858,681  4,657,956 
 17   Investment income  7,968,024  11,439,542 
 18   Other nonoperating revenues (CV)
CV
=[B19-(B10+...+B17)] 
 19   Total nonoperating revenues  60,668,965  60,498,258 
  
  
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part B - Revenues and Other Additions
 Fiscal Year 2005 
    Report in whole dollars only       
  
 Line No.   Resource of funds   Current year amount   Prior year amount 
    Other Revenues and Additions         
 20   Capital appropriations 
 21   Capital grants & gifts  3,522,373  766,064 
 22   Additions to permanent endowments  7,033,863  871,356 
 23   Other revenues & additions (CV)
CV
=[B24-(B20+...+B22)] 
 24   Total other revenues and additions  10,556,236  1,637,420 
  
 25   Total all revenues and other additions (CV)
CV
=(B09+B19+B24) 
153,781,491  141,677,988 
  
 CV = Calculated Value 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part C - Expenses and Other Deductions
 Fiscal Year 2005 
    Report in whole
dollars only
                                
              
       1   2   3   4   5 
 Line No.   Description   Current year total   Salaries & wages   Employee fringe benefits   Depreciation   All other                      
    Operating Expenses    
 01   Instruction  49,322,713  34,798,194  7,784,893  6,739,626 
 02   Research  29,237,538  15,259,368  2,253,345  11,724,825 
 03   Public service  2,133,910  978,505  210,334  945,071 
 05   Academic support  7,062,593  3,455,598  864,836  2,742,159 
 06   Student services  10,080,864  5,899,126  1,360,562  2,821,176 
 07   Institutional support  8,986,293  5,990,650  1,515,765  1,479,878 
 08   Operation & maintenance
of plant 
10,161,596  4,112,608  1,065,454  4,983,534 
 09   Depreciation  6,981,529        6,981,529   
 10   Scholarships and fellowships
expenses
, excluding discounts & allowances (do not include work study here) 
3,330,000     3,330,000 
 11   Auxiliary enterprises  7,142,254  1,641,359  345,849  5,155,046 
 12   Hospital services 
 13   Independent operations 
 14   Other expenses
& deductions (CV)
CV=[C15-(C01+...+C13)] 
 15   Total operating expenses  134,439,290  72,135,408  15,401,038  6,981,529  39,921,315 
     Prior year amount  124,877,400  68,940,864  14,642,862  5,745,918  35,547,756 
  
  

 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part C - Expenses and Other Deductions
 Fiscal Year 2005 
    Report in whole dollars only                                               
       1   2   3   4   5 
 Line No.   Description   Current year total   Salaries & wages   Employee fringe benefits   Depreciation   All other                      
    Nonoperating Expenses and
Deductions 
              
 16   Interest  421,859           421,859 
 17   Other nonoperating
expenses & deductions (CV)

CV=(C18-C16) 
694,621  694,621 
 18   Total nonoperating
expenses & deductions (CV)
CV=(C19-C15) 
1,116,480  1,116,480 
  
 19   Total expenses & deductions  135,555,770  72,135,408  15,401,038  6,981,529  41,037,795 
     Prior year amount  126,317,731  68,940,864  14,642,862  5,745,918  36,988,087 
  
 CV = Calculated Value 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part D - Summary of Changes In Net Assets
 Fiscal Year 2005 
  
 Line No.   Description   Current year amount   Prior year amount 
 01   Total revenues & other additions (from B25)  153,781,491  141,677,988 
  
 02   Total expenses & deductions (from C19)  135,555,770  126,317,731 
  
 03   Increase in net assets during year (CV)
CV=(D01-D02) 
18,225,721  15,360,257 
 04   Net assets beginning of year  235,252,934  230,282,997 
 05   Adjustments to beginning net assets (CV)
CV=[D06-(D03+D04)] 
 06   Net assets end of year (from A18)  253,478,655  245,643,254 
  
 CV = Calculated Value 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part E - Scholarships and Fellowships
 Part E - Scholarships and Fellowships
Fiscal Year 2005
 
    Report in whole dollars only       
  
 Line No.   Source   Current year amount   Prior year amount 
    Institutional Expenses and Discounts & Allowances       
    Gross Scholarships and Fellowships (no loans included)       
 01   Pell grants (federal)  2,872,369  2,635,943 
 02   Other federal grants  484,985  1,391,724 
 03   Grants by state government  2,395,166  2,408,453 
 04   Grants by local government 
 05   Institutional grants from restricted resources  3,679,460  2,827,605 
 06   Institutional grants from unrestricted resources (CV)
CV=[E07-(E01+...+E05)] 
12,153,119  11,521,229 
 07   Total gross scholarships and fellowships  21,585,099  20,784,954 
  
    Discounts and Allowances       
 08   Discounts & allowances applied to tuition & fees  17,216,810  18,574,493 
 09   Discounts & allowances applied to sales & services of
auxiliary enterprises (CV)
CV= (E10-E08) 
1,038,289  363,461 
 10   Total Discounts & Allowances (CV)
CV=(E07-E11) 
18,255,099  18,937,954 
  
 11   Net scholarships and fellowships expenses after deducting
discount & allowances (from C10) 
3,330,000  1,847,000 
  
 CV = Calculated Value 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part H - Details of Endowment Assets
 Fiscal Year 2005
Report in whole dollars only 
 Line No.   Value of Endowment Assets   Market Value   Prior Year Amounts 
              
 01   Value of endowment assets at the beginning of the fiscal year  84,797,003  69,190,158 
 02   Value of endowment assets at the end of the fiscal year  95,710,878  84,797,003 
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part J - Revenue Data for Bureau of Census
 Part J - Revenues (Census Bureau)
Fiscal Year 2005
 
 Source and type   Amount 
 Total for all funds
and operations
(includes
endowment funds,
but excludes component units) 
 Education and general/independent operations   Auxiliary enterprises    Hospitals    Agriculture extension/experiment services 
    (1)      (2)   (3)   (4)   (5) 
 01   Tuition and fees  48,083,710  48,083,710          
 02   Sales and services  10,921,443  486,604  10,434,839 
 03   Federal grants/contracts (excludes Pell Grants)  23,392,114  23,392,114 
    Revenue from the state government: 
 04   State appropriations, current & capital  44,842,260  44,842,260 
 05   State grants and contracts  1,594,603  1,594,603 
    Revenue from local governments: 
 06   Local appropriation, current & capital 
 07   Local government grants/contracts 
 08   Receipts from property and non-property taxes     
 09   Gifts and private grants, including capital grants  26,792,495     
 10   Interest earnings  2,901,465     
 11   Dividend earnings     
 12   Realized capital gains  5,236,843     
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part K - Expenditure Data for Bureau of Census
 Part K - Expenditures
Fiscal Year 2005 
 Category   Amount 
 Total for all funds and operations (includes endowment funds, but excludes component units)   Education and general/
independent operations 
 Auxiliary enterprises   Hospitals    Agriculture extension/
experiment services 
    (1)   (2)   (3)   (4)   (5) 
 01   Salaries and wages  72,135,408  70,494,049  1,641,359 
 02   Employee benefits, total  15,401,038  15,055,189  345,849 
 03   Payment to state retirement funds (maybe included in line 02 above) 
 04   Current expenditures other than salaries  39,921,314  34,766,268  5,155,046 
    Capital outlay:    
 05   Construction  13,717,268  13,717,268 
 06   Equipment purchases  5,511,427  5,511,427 
 07   Land purchases  518,158  518,158 
 08   Interest on debt outstanding, all funds & activities  421,859     
 09   Scholarships/fellowships  21,585,099  21,585,099     
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part L - Debt and Assets, page 1
 Part L - Debt and Assets
Fiscal Year 2005

 
 Debt 
 Category   Amount 
 01   Long-term debt outstanding at beginning of fiscal year  33,347,552 
 02   Long-term debt issued during fiscal year 
 03   Long-term debt retired during fiscal year  651,564 
 04   Long-term debt outstanding at end of fiscal year  32,695,988 
 05   Short-term debt outstanding at beginning of fiscal year  436,988 
 06   Short-term debt outstanding at end of fiscal year  638,167 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Part L - Debt and Assets, page 2
 Part L - Debt and Assets (page 2)
Fiscal Year 2005
 
 Assets 
 Category   Amount 
 07   Total cash and security assets held at end of fiscal year in sinking or debt service funds  56,668 
 08   Total cash and security assets held at end of fiscal year in bond funds  694,210 
 09   Total cash and security assets held at end of fiscal year in all other funds  122,709,767 
  
 CAVEATS 
 
 

 
Institution: University of Missouri-Rolla (178411) User ID: 29C0011
Explanation Report
Number Source Location Description Severity Accepted
Global Edits
1 Perform Edits   Depreciation expense is expected to be greater than or equal to the accumulated depreciation minus prior years accumulated depreciation in Part A. Please fix or explain. Explanation Yes
Reason: In 2005 items were discovered that required we restate certain balances in the prior year. The 2004 numbers shown are as they were reported in 2004 and do not reflect the restatement.