STATEMENT OF REVENUE, EXPENSE AND CHANGES IN FUND BALANCES December 31,1994 1994 1993 Revenue Contributions $793,628 $578,245 Investment Income 103,501 137,768 Other income 778 3,850 Unrealized gain (loss) (118,746) (43,938) on investments Total Revenue $779,161 $763,801 Expenses Grants $168,538 $188,905 Support services 61,618 27,069 Total Revenue $230,156 $215,974 Net Revenues $549,005 $547,827 Fund Balances Beginning $2,577,138 $2,029,311 Ending $3,126,143 $2,577,138 BALANCE SHEET 1994 December 31 1994 1993 Assets Cash and equivalents $255,999 $106,411 Investments 2,976,825 2,609,737 Total Current Assets $3,232,824 $2,716,148 Property and Equipment Equipment $9,332 $4,891 Less accumulated depreciation (3,639) (2,351) Net Property and Equipment $5,693 $2,540 Total Assets $3,238,517 $2,718,688 Liabilities and Fund Balances Liabilities Current Charitable Gift Annuities $76,383 $94,658 Grants and other payables 35,991 46,892 Total current liabilities $112,374 $141,550 Fund Balances Unrestricted $1,405,232 $1,251,271 Endowed 1,380,178 1,044,728 Restricted 340,733 281,139 Total fund balances $3,126,143 $2,577,138 Total liability and fund balance $3,238,517 $2,718,688 RECENT HISTORY OF YEAR-END ASSETS YEAR END ENDOWMENT FUNDS TOTAL ASSETS 1987 $380,000 $626,000 1988 409,000 691,000 1989 630,000 949,000 1990 874,000 1,301,000 1991 954,000 1,475,000 1992 1,748,000 2,144,000 1993 2,270,000 2,718,000 1994 2,785,000 3,238,000  Back
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