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Finance Statement

From the SYA Department of Finance and Operations

“Donors don't give to institutions. They invest in ideas and people in whom they believe”. (G.T. Smith)  We, at School Year Abroad, are exceedingly thankful to have such an exceptional community of donors and volunteers who believe in the importance of creating broad-minded and well-educated citizens of the world. Despite the ongoing economic challenges, strong demand for financial assistance and value fluctuations of the U.S. dollar against foreign currencies, SYA has maintained our unwavering commitment to fiscal discipline while renewing our commitment to the quality and richness of our academic program.
 
The incredible work and cooperation of the Board of Trustees, administration, faculty, donors and volunteers has resulted in 2011-2012 being SYA’s strongest year in recent history. SYA maintained solid enrollment in our five European and Asian campuses in a year highlighted by the grand opening of our newly purchased and renovated Zaragoza facility. Additionally, SYA enjoyed an extraordinary year in annual, capital and endowment giving, yielding the highest level of fundraising revenue in our history. These and other notable achievements contributed significantly toward SYA’s strong financial results highlighted by operational net revenue and an increase in net assets exceeding $500,000 and $1.8 million, respectively. The Board of Trustees, administration, faculty and staff remain committed to partnering with you in 2012-13 as we continue to build upon the amazing successes of 2011-12. On behalf of School Year Abroad, thank you for your continued support.



SYA's FY12 Revenue and Expense

SYA's FY12 Assets and Liabilities


2011-12 Report of Giving
School Year Abroad
439 South Union Street, Lawrence, MA 01843 978.725.6828
© 2013 SYA. All rights reserved.