138 NOVA SOUTHEASTERN UNIVERSITY Finances For the fiscal year ended June 30, 2023 (fiscal 2023), Nova Southeastern University experienced growth in its fiscal strength, based on continued strong operations and improved financial market conditions, resulting in total net assets increasing 7.0 percent from the prior year. As demonstrated in the following chart (Figure 16), Figure 16 Net Assets Fiscal Years 2013–2023 Total Dollar Amount in Millions Without Donor Restrictions With Donor Restrictions $100 $200 $0 $300 $400 $500 $600 $700 $800 $900 $1,000 $1,100 $1,200 FY 2013 FY 2015 FY 2014 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2016 total net assets have grown by 83 percent over the past decade, from $609.4 million as of June 30, 2013, to $1.1 billion as of June 30, 2023. For additional information regarding the university’s fiscal 2023 financial performance, refer to the NSU 2023 Annual Report, which can be found on the NSU website.
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