2012 Income Statement (audited)

INCOME

        Contributions                            $973,588

        Foundation Grants                    $828,760

        Investment Income                   $132,674

        Misc revenue                            $1,005

TOTAL INCOME                               $1,936,027

EXPENSES

        Grants Awarded                        $1,048,735

        Program Expenses                    $473,787

        Operating Expenses                  $247,736

TOTAL EXPENSES                            $1,770,258

Change in net assets                         $184,565

 

2012 Balance Sheet (as of 12/31/2012, audited)

ASSETS

Current Assets

        Cash                                          $634,417     

        Pledges & Grants Receivable      $77,535

        Prepaid Expenses                      $11,177        

        Property& Equipment                 $9,046

Endowment Investments                    $1,101,265

TOTAL ASSETS                                 $1,833,440

LIABILITIES

Current Liabilities                               $15,853

(accounts payable & payroll liabilities)

NET ASSETS                                               

        Unrestricted                                 $650,540

        Temporary restricted                   $278,457

        Permanently restricted                $888,590

TOTAL LIABILITIES & NET ASSETS  $1,833,440