Governance: Statement of Financial Position

about us: governance: statement of financial position

Audited Statement of Financial Position

June 30, 2003

Assets			2003	2002
Cash and cash equivalents			$3,328,170	$4,703,419
Short-term investments			$35,289	$771,690
Pledges receivable, net of estimated uncollectibles			$12,436,435	$12,610,102
Other receivables			$215,469	$863,711
Investments			$11,765,764	$10,673,116
Investments held in trust by others			$5,539,143	$5,691,645
Prepaid expenses and other assets			$311,122	$127,134
Plant and equipment, net			$1,850,795	$2,022,066
Total assets			$ 35,482,187	$37,462,883

Liabilities and Net Assets
Accounts payable and accrued expenses			$1,108,682	$1,044,683
Campaign support due to Community Health Charities			$1,907,571	$2,229,807
Undistributed agency support			$12,267,846	$12,190,128
Donor designations payable			$2,880,592	$3,139,421
Grants payable			$1,261,099	$1,757,466
Note payable			$298,151	$471,216
Total liabilities			$19,723,941	$20,832,721
Net assets:
	Unrestricted:
		Designated for operations	$3,731,693	$4,468,351
		Plant and equipment	$1,552,644	$1,550,850
		Board designated	$3,734,857		$3,643,376
Total unrestricted			$9,019,194	$9,662,577
Temporarily restricted			$67,826	$143,857
Permanently restricted			$6,671,226	$6,823,728
	Total net assets		$15,758,246	$16,630,162
Total liabilities and net assets			$35,482,187		$37,462,883