2026-05-15T18:26:45+00:00 2025-06-30 135381590 BDO USA 1601 FORUM PL FL 9 WEST PALM BEACH FL 334018101 990 2024-07-01 590949880 ST THOMAS UNIVERSITY INC STTH 3056286704 16400 NW 32 AVENUE MIAMI FL 33054 LINDA L WAGNER TREASURER 3056286704 2026-05-15 true true SAMANTHA BOKORI P01057347 5616881600 2026-05-15 2024 2025-03-06 01:10:19Z DIEGO BRITTO 16400 NW 32 AVENUE MIAMI FL 33054 100651370 false X WWW.STU.EDU X 1961 FL ST. THOMAS UNIVERSITY, INC. IS A CATHOLIC UNIVERSITY WITH RICH CULTURAL AND INTERNATIONAL DIVERSITY COMMITTED TO THE ACADEMIC AND PROFESSIONAL SUCCESS OF ITS STUDENTS WHO BECOME ETHICAL LEADERS IN OUR GLOBAL COMMUNITY. 26 25 1718 170 0 8242073 5371217 77965507 91118878 1561688 1146023 1050189 1442516 88819457 99078634 0 0 0 40421016 47714791 0 0 1503324 43382717 47671791 83803733 95386582 5015724 3692052 215529634 221775851 108748683 108786331 106780951 112989520 ST. THOMAS UNIVERSITY, INC. IS A CATHOLIC UNIVERSITY WITH RICH CULTURAL AND INTERNATIONAL DIVERSITY COMMITTED TO THE ACADEMIC AND PROFESSIONAL SUCCESS OF ITS STUDENTS WHO BECOME ETHICAL LEADERS IN OUR GLOBAL COMMUNITY. false false 63014991 0 79461768 UNIVERSITY WAS ACCEPTED AS A MEMBER OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS AND FIRST ACCREDITED BY THE COMMISSION ON COLLEGES IN 1968. ST. THOMAS IS ACCREDITED TO AWARD BACHELORS, MASTER, DOCTORATE AND JURIS DOCTORATE DEGREES. THE FALL 2024 FTE (IPEDS DEFINITION) ENROLLMENT SHOWS A TOTAL OF 3,026 UNDERGRADUATE STUDENTS INCLUDING DUAL ENROLLMENT, 2,026 GRADUATE STUDENTS AND 917 LAW STUDENTS. TUITION FOR ACADEMIC YEAR 2024-2025 WAS $34,770 FOR FULL TIME UNDERGRADUATE STUDENTS AND $45,960 FOR FULL TIME LAW STUDENTS. GRADUATE TUITION RANGED BETWEEN $500 AND $1,055 PER CREDIT. CERTAIN PROGRAMS WERE OFFERED AT A DISCOUNTED RATE. 11344101 0 11650972 ST. THOMAS UNIVERSITY PROVIDES THE OPPORTUNITY FOR COMMUNITY LIVING BASED UPON THE CATHOLIC PHILOSOPHY OF MUTUAL RESPECT FOR THE RIGHTS OF EACH INDIVIDUAL. THE RESIDENCE HALL ARRANGEMENTS ENCOURAGE AUTONOMY, THE DEVELOPMENT OF INTERPERSONAL RELATIONSHIPS, ALONG WITH THE CONVENIENCE OF RESIDING ON CAMPUS. ST. THOMAS UNIVERSITY HAD 874 STUDENTS LIVING ON CAMPUS DURING THE FALL 2024 AND 844 DURING SPRING 2025. 0 1178954 HUMAN RIGHTS INSTITUTE - THE INSTITUTE IS FUNDED BY THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES PROVIDING IMMIGRATION LEGAL SERVICES TO QUALIFIED CUSTOMERS FREE OF CHARGE. ST. THOMAS UNIVERSITY IS REIMBURSED BY THE STATE OF FLORIDA DEPARTMENT OF CHILDREN AND FAMILIES (PASS THROUGH AGENCY) VIA YOUTH CO-OP. ST. THOMAS UNIVERSITY IS REIMBURSED BASED ON A NEGOTIATED FEE FOR SERVICES UP TO THE AMOUNT OF EXPENSES INCURRED. IN ADDITION TO REPORTING THE NUMBER OF CLIENTS SERVED, ST. THOMAS UNIVERSITY REPORTS OPERATIONAL EXPENSES OF THE HUMAN RIGHTS INSTITUTE ON A QUARTERLY BASIS. APPROXIMATELY 1,859 CLIENTS WERE SERVED IN FISCAL YEAR 2025. 74359092 true true false false false false false true false true true false false true true true true false true false false false false false true false false false false true true false false false false false false false false false false true false false false false false false false false false true 189 0 true 1718 true false false false false false true true false false false false false false X 26 25 false false false false false false false true true false false false true true true true true true true true false false FL X HENRY MAIRENA 3056286815 16401 NW 37TH AVENUE MIAMI GARDENS FL 33054 DAVID A ARMSTRONG JD PRESIDENT 50.0 X X 547179 0 144537 JOHN J DOONER CHAIR 1.0 X X 0 0 0 JORGE RICO VICE-CHAIR 1.0 X X 0 0 0 MAUREEN SHEA SECRETARY 1.0 X X 0 0 0 BERNIE FERNANDEZ MD TRUSTEE 1.0 X 0 0 0 BOB DICKINSON TRUSTEE 1.0 X 0 0 0 DANIEL D DOLAN II ESQ TRUSTEE (THRU 09/2024) 1.0 X 0 0 0 DOMINICK F MINIACI ESQ TRUSTEE 1.0 X 0 0 0 DONALD E DRESBACK TRUSTEE 1.0 X 0 0 0 FRANCES ALDRICH SEVILLA-SACASA TRUSTEE 1.0 X 0 0 0 GARY GOLDBLOOM ESQ TRUSTEE 1.0 X 0 0 0 HERBERT YARDLEY TRUSTEE 1.0 X 0 0 0 JORGE LUIS LOPEZ ESQ TRUSTEE 1.0 X 0 0 0 LENORE P RODICIO PhD TRUSTEE 1.0 X 0 0 0 MARC CANNON TRUSTEE 1.0 X 0 0 0 MARCOS A PEREZ TRUSTEE 1.0 X 0 0 0 MARIO MURGADO TRUSTEE 1.0 X 0 0 0 MARIO TRUEBA BA TRUSTEE 1.0 X 0 0 0 MICHAEL T FAY TRUSTEE 1.0 X 0 0 0 MOST REV ENRIQUE E DELGADO TRUSTEE 1.0 X 0 0 0 PAUL A GARCIA CPA TRUSTEE 1.0 X 0 0 0 REV JOHN T BUTLER SJ TRUSTEE 1.0 X 0 0 0 RICHARD GARCIA TRUSTEE 1.0 X 0 0 0 VICTOR BENITEZ TRUSTEE 1.0 X 0 0 0 VICTOR H MENDELSON TRUSTEE 1.0 X 0 0 0 WILLIAM A KENT TRUSTEE 1.0 X 0 0 0 WINI AMATURO TRUSTEE 1.0 X 0 0 0 DIEGO BRITTO SENIOR VICE PRESIDENT FOR ADMINISTRATION AND CFO 50.0 X 172331 0 25883 MICHELLE JOHNSON-GARCIA PROVOST, ACADEMIC AFFAIRS/CHIEF ACADEMIC OFFICER 50.0 X 222616 0 11898 DR MATTHEW WHELAN CONSULTANT TO THE PRESIDENT/NORTHEASTERN ALUMNI & ADMISSIONS COORDINATOR 50.0 X 249637 0 10000 JAMEKA A WINDHAM SENIOR VICE PRESIDENT FOR STUDENT SUCCESS 50.0 X 212949 0 22268 SCOTT KOSKOSKI V.P. FOR PHILANTHROPY (THRU 02/2025) 50.0 X 260364 0 13653 STEVEN BIRMINGHAM CHIEF INFORMATION OFFICER 50.0 X 226726 0 10647 TARLIKA NUNEZ-NAVARRO DEAN COLLEGE OF LAW 50.0 X 315817 0 43242 CARLOS A DE YARZA V.P. OF MARKETING & COMMUNICATIONS 50.0 X 189043 0 38648 DIONNE VEITCH SENIOR VP FOR ENROLLMENT 50.0 X 208155 0 28389 DORIS TERAN ADJUNCT, ONLINE NURSING 50.0 X 226435 0 7165 ROZA PATI PROFESSOR OF LAW 50.0 X 251318 0 38941 SIEGFRIED WIESSNER ASSOCIATE DEAN 50.0 X 257282 0 22344 LINDA WAGNER FORMER OFFICER 50.0 X 213449 0 17382 3553301 0 434997 84 true true false RISEPOINT LLC 700 N PEARL STE 600 DALLAS TX 75201 MARKETING FOR HIGHER EDUCATION 8413559 SODEXO INC AFFILIATES 915 MEETING STREET N BETHESDA MD 20852 FOOD SERVICES 4579794 UHS 4828 ASHFORD DUNWOODY RD ATLANTA GA 30338 ON CAMPUS STUDENT HOUSING 2469839 ELLUCIAN COMPANY LP 4375 FAIR LAKES COURT FAIRFAX VA 220334234 HIGHER EDUCATION COMPUTER SYSTEM TECH 1737345 DADE CONSTRUCTION CORP 12240 SW 131 AVE MIAMI FL 33186 RENOVATION OF ACADEMIC AND ADMINISTRATIVE FACILITIES 1325761 44 2835808 2535409 193129 5371217 TUITION AND FEES, NET 611710 81403780 81403780 ROOM AND BOARD 611710 9715098 9715098 0 0 0 0 91118878 1078780 1078780 7234 7234 83793 83793 0 83793 83793 1340741 1273498 67243 0 67243 67243 477911 299238 178673 178673 COMMISSION & FEES 611710 611397 611397 OTHER REVENUE 611710 361222 361222 MISCELLANEOUS ATHLETIC REVENUE 611710 134187 134187 66010 66010 0 0 1172816 99078634 92291694 0 1415723 2601555 1001009 1277564 322982 38051817 32636276 4976737 438804 779152 607702 151796 19654 3334448 2600711 649625 84112 2947819 2299159 574301 74359 281795 72000 209795 210157 210157 109338 109338 606205 107395 498810 0 734732 23418 711314 5081078 2988262 2006656 86160 4007832 1429038 2578794 6310439 5747892 544579 17968 2820628 2496868 214075 109685 3166918 3106179 59080 1659 5907765 5532175 356443 19147 1159996 576092 579423 4481 FOOD SERVICES 3990427 3990427 OTHER OPERATING EXPENSES 3278203 2858479 256900 162824 CONTRACT SERVICES 3277199 1540948 1578201 158050 REPAIRS/MAINTENANCE 1988034 71474 1916560 4741045 4673588 64018 3439 95386582 74359092 19524166 1503324 36244610 22868868 120971 116688 18240199 27786385 5793573 7507888 0 0 0 0 457141 203939 152134247 75486720 72070700 76647527 44375070 49346970 574812 0 37652558 37297586 215529634 221775851 13526884 11490101 7732119 11994405 47150150 45602320 0 0 40339530 39699505 108748683 108786331 X 61094638 66405862 45686313 46583658 106780951 112989520 215529634 221775851 X 3692052 4966319 -2449802 X false true true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 573000 X X HELD AS INVESTMENT true 42969520 580603 5541834 1111457 47980500 37823043 467339 5748781 1069643 42969520 34405192 410200 4004593 996942 37823043 40042465 755004 -5402763 989514 34405192 31262200 1070816 9129202 1419753 40042465 0.2552 0.0 0.7448 true false 183255 3841663 4024918 97228787 46176889 51051898 11474973 3678754 7796219 23178835 18338593 4840242 573145 15653589 7292484 8934250 76647527 RIGHT OF USE ASSETS 36253080 DEPOSITS & OTHER 1044506 37297586 Federal Income Taxes CAPITAL LEASES 37047455 REFUNDABLE FEDERAL STUDENT LOANS 1386544 DEPOSITS IN CUSTODY 1221199 ANNUITY LIABILITY 44307 39699505 X 102653301 4966319 360460 299238 5626017 97027284 109338 1942012 2051350 99078634 96444732 360460 2749040 3109500 93335232 109338 1942012 2051350 95386582 Schedule D, Part III, Line 4 Collections of art - description of collections COLLECTION OF DONATED ART WORK. PROCEEDS FROM SALES TO BE USED FOR SUPPORTING ST. THOMAS UNIVERSITY CAPITAL CAMPAIGN. Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT EARNINGS ARE USED TO FUND SCHOLARSHIPS AND OTHER EDUCATIONAL PURPOSES. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AS A CHARITABLE ORGANIZATION WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. THE UNIVERSITY CURRENTLY HAS NO UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED AS OF JUNE 30, 2025 AND 2024. THE UNIVERSITY RECOGNIZES AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESSES THE LIKELIHOOD THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. INTEREST AND PENALTIES ON TAX LIABILITIES, IF ANY, WOULD BE RECORDED IN INTEREST EXPENSE AND OTHER NON-INTEREST EXPENSE, RESPECTIVELY. NO UNCERTAIN TAX POSITIONS WERE IDENTIFIED BY THE UNIVERSITY AS OF JUNE 30, 2025 AND 2024. THE U.S. FEDERAL JURISDICTION IS THE MAJOR TAX JURISDICTION WHERE THE UNIVERSITY FILES INCOME TAX RETURNS. THE UNIVERSITY IS GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2022. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 SPECIAL EVENT EXPENSES - 299238 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements BAD DEBT EXPENSE - 1942012 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 DIRECT FUNDRAISING EXPENSES - 299238 LOSS ON UNCOLLECTIBLE PLEDGES - 2449802 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements BAD DEBT EXPENSE - 1942012 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY ST. THOMAS UNIVERSITY ADMITS STUDENTS OF ANY SEX, RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL RIGHTS, PRIVILEGES, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE UNIVERSITY. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINISTERED PROGRAMS. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT TOTAL FEDERAL AWARDS $105,843,322, COMPOSED OF $105,773,480 STUDENT FINANCIAL AID CLUSTER AND $69,842 OF OTHER FEDERAL GRANT CONTRACTS. TOTAL STATE AWARDS OF $7,497,699 COMPOSED OF $4,535,701 IN STUDENT FINANCIAL AID AND $2,961,998 IN OTHER STATE CONTRACTS. GOLF 207359 207359 7818 97056 ATHLETICS 85964 85964 15316 3 184588 184588 81844 31035 266 65903 477911 477911 81844 31035 8084 178275 299238 178673 X X X true true X X X X false false false false false false false false false DAVID A ARMSTRONG JD PRESIDENT 435995 0 100000 0 11184 0 13800 0 130737 0 691716 0 0 0 LINDA WAGNER FORMER OFFICER 213449 0 0 0 0 0 8691 0 8691 0 230831 0 0 0 MICHELLE JOHNSON-GARCIA PROVOST, ACADEMIC AFFAIRS/CHIEF ACADEMIC OFFICER 220232 0 0 0 2384 0 0 0 11898 0 234514 0 0 0 DIEGO BRITTO SENIOR VICE PRESIDENT FOR ADMINISTRATION AND CFO 146448 0 0 0 25883 0 7015 0 18868 0 198214 0 0 0 TARLIKA NUNEZ-NAVARRO DEAN COLLEGE OF LAW 251635 0 50000 0 14182 0 12777 0 30465 0 359059 0 0 0 SCOTT KOSKOSKI V.P. FOR PHILANTHROPY (THRU 02/2025) 220128 0 37500 0 2736 0 1755 0 11898 0 274017 0 0 0 DR MATTHEW WHELAN CONSULTANT TO THE PRESIDENT/NORTHEASTERN ALUMNI & ADMISSIONS COORDINATOR 249274 0 0 0 363 0 10000 0 0 0 259637 0 0 0 STEVEN BIRMINGHAM CHIEF INFORMATION OFFICER 225477 0 0 0 1249 0 1538 0 9109 0 237373 0 0 0 JAMEKA A WINDHAM SENIOR VICE PRESIDENT FOR STUDENT SUCCESS 205897 0 0 0 7052 0 2369 0 19899 0 235217 0 0 0 SIEGFRIED WIESSNER ASSOCIATE DEAN 254496 0 0 0 2786 0 10403 0 11941 0 279626 0 0 0 ROZA PATI PROFESSOR OF LAW 241481 0 0 0 9837 0 8886 0 30055 0 290259 0 0 0 DORIS TERAN ADJUNCT, ONLINE NURSING 226435 0 0 0 0 0 7165 0 0 0 233600 0 0 0 DIONNE VEITCH SENIOR VP FOR ENROLLMENT 186310 0 15000 0 6845 0 8600 0 19789 0 236544 0 0 0 CARLOS A DE YARZA V.P. OF MARKETING & COMMUNICATIONS 189043 0 0 0 0 0 8000 0 30648 0 227691 0 0 0 Schedule J, Part I, Line 1a Travel for companions TRAVEL FOR COMPANIONS WAS MADE AVAILABLE TO THE PRESIDENT TO USE FOR HIS SPOUSE. THE AMOUNT OF THE BENEFIT WAS TREATED AS NONTAXABLE WAGES TO THE RECIPIENT. Schedule J, Part I, Line 1a Housing allowance or residence for personal use HOUSING ALLOWANCE FOR PERSONAL USE WAS MADE AVAILABLE TO THE PRESIDENT. THE AMOUNT OF THE BENEFIT WAS TREATED AS NONTAXABLE WAGES TO THE RECIPIENT. Schedule J, Part I, Line 1a Health or social club dues or initiation fees SOCIAL CLUB DUES WERE MADE AVAILABLE TO THE PRESIDENT. THE AMOUNT OF THE BENEFIT WAS REIMBURSED TO THE RECIPIENT. A HIGHER EDUCATION FACILITIES FINANCING AUTHORITY 900058227 000000000 2022-04-13 50500000 REFINANCE BOND SERIES 2015, OTHER CAPITAL TAXABLE BONDS AND FINANCE CAPITAL PROJECTS. false false false A 50500000 10669990 428375 39401635 true true true true A false false false false false false 0 0 0.0 false false 0 false true A false true false false false false 0 false false false 0 false false false A false 6 8655 Market value X 9363 Market value 135 51701 Market value X PIANO 1 10000 Market value X ICE SCULPTURE 1 1500 Market value X OTHER 2 111910 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Art - Works of art - ART - WORKS OF ART - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). Clothing and household goods - CLOTHING AND HOUSEHOLD - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). Food inventory - FOOD INVENTORY - GOLF TOURNAMENT THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). Other - PIANO OTHER - PIANO - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). Other - ICE SCULPTURE OTHER - ICE SCULPTURE - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). Other - OTHER OTHER - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). Form 990, Part VI, Line 11b Review of form 990 by governing body THE RETURN IS EMAILED TO MEMBERS OF THE BOARD OF TRUSTEES FOR REVIEW AND COMMENT BEFORE FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT-OF-INTEREST STATEMENT IS REVIEWED AND ACKNOWLEDGED BY EVERY EMPLOYEE DURING THE ONBOARDING PROCESS, WHICH THE HUMAN RESOURCES OFFICE MANAGES. IT IS MANDATORY FOR ALL TRUSTEES, OFFICERS, FACULTY, AND ADMINISTRATION TO SIGN THIS STATEMENT. IF APPLICABLE, THEY MUST ALSO DISCLOSE ANY INFORMATION THAT MAY BE CONSIDERED A CONFLICT OF INTEREST. FOR FACULTY AND ADMINISTRATION, IT IS THE RESPONSIBILITY OF THE DEPARTMENT VICE PRESIDENT OR THE PROVOST TO DISCUSS ANY REPORTED SITUATIONS WITH THE EMPLOYEE. THEY WILL DETERMINE WHETHER A REPORTED SITUATION PRESENTS A CONFLICT OF INTEREST AND WILL WORK TOGETHER TO DEVELOP SOLUTIONS TO RESOLVE IT. THE SIGNED STATEMENTS ARE KEPT IN THE HUMAN RESOURCES OFFICE. FAILURE TO SUBMIT A CONFLICT-OF-INTEREST STATEMENT MAY RESULT IN DISMISSAL. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE PRESIDENT'S COMPENSATION MAY BE DETERMINED BY USE OF COMPENSATION SURVEYS AND MARKET ANALYSIS AND IS REVIEWED ANNUALLY BY A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. Form 990, Part VI, Line 15b Process to establish compensation of other employees COMPENSATION FOR THE OTHER OFFICERS AND KEY EMPLOYEES MAY BE DETERMINED BY USE OF COMPENSATION SURVEYS AND MARKET ANALYSIS. GENERALLY, SALARIES ARE ESTABLISHED BY THE PRESIDENT OF THE UNIVERSITY OR THE DEPARTMENT DEANS AND VICE PRESIDENTS WITH THE CONSENT OF THE PRESIDENT. A WRITTEN EMPLOYMENT CONTRACT IS GIVEN TO THE EMPLOYEES. Form 990, Part VI, Line 19 Required documents available to the public SUCH DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue FOOD SERVICE IMPROVEMENTS - Total Revenue: 66010, Related or Exempt Function Revenue: 66010, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances LOSS ON UNCOLLECTIBLE PLEDGES - -2449802; Total - -2449802;