Page 27 - 2018-2019 Impact Report
P. 27
FINANCIALS
2018-19
STATEMENT OF FINANCIAL POSITION
BOARD OF
For the years ended June 30, 2019 and June 30, 2018
DIRECTORS 2018-19
ASSETS 2019 2018 FINANCIALS
Cash and cash equivalents 381,741 258,198
Pledges and receivables 6,000 30,150
Investments 1,728,576 1,725,169
Indianapolis Foundation 841,247 854,894
Net office equipment 7,222 6,708
Total Assets 2,964,786 2,875,119
LIABILITIESLiabilities
Programs payable 70,029 51,236
Accounts payable 1,243 0
Salaries payable 16,427 16,554
Total Liabilities 87,699 67,790
NET ASSETS
Without donor restrictions 163,835 128,916
With donor restrictions 2,713,252 2,678,413
Total Net Assets 2,877,087 2,807,329
Total Liabilities & Net Assets 2,964,786 2,875,119
STATEMENT OF ACTIVITIES
For the years ended June 30, 2019 and June 30, 2018
REVENUEe 2019 2018
Contributions 518,519 507,644
Special fundraising events 282,074 261,262
Net investment return 99,354 189,981
Total Revenue 899,947 958,887
EXPENSESxpenses
Program Services 471,893 478,549
Management and General 175,687 150,056
Special fundraising events 182,609 183,432
Total Expenses 830,189 812,037
Change in Net Assets 69,758 146,850
Net Assets, Beginning of Year 2,807,329 2,660,479
Net Assets, End of Year 2,877,087 2,807,329
