Despite the ongoing demographic and economic challenges that all colleges and universities are facing in the US, Gordon College’s financial position improved dramatically in the fiscal year ending June 30th, 2019 (FY19). Assets increased, liabilities decreased and Total Net Assets improved by nearly $50 million. This was primarily the result of a successful launch to our Faith Rising Capital Campaign and especially the receipt of a very large irrevocable gift from an anonymous donor. Also during FY19 the College was able to reduce Operating Expenses and to increase Operating Revenues. Therefore, the College ended FY19 better positioned than when the fiscal year began.
Use the link below to view the most recent Financial Statement for Gordon College: