 |
Statement of Activities
Year Ended June 30, 2008
| Public Support & Revenue |
Unrestricted |
Temporarily Restricted |
Permanently Restricted |
Total |
| Fees & Tuition |
$6,954,535 |
$0 |
$0 |
$6,954,535 |
| Contributions |
$282,171 |
$31,375 |
$56,000 |
$369,546 |
| United Way |
$48,256 |
$48,257 |
$0 |
$96,513 |
| Government Contracts |
$467,378 |
$0 |
$0 |
$467,378 |
| Special Events |
$329,226 |
$0 |
$0 |
$329,226 |
| Less: costs of direct benefits to donors |
($87,524) |
$0 |
$0 |
($87,524) |
| Net revenue from special events |
$241,702 |
$0 |
$0 |
$241,702 |
| Investment loss, net of investment fees |
($327,468) |
$0 |
$0 |
($327,468) |
| Net Assets Released from Restrictions |
$103,257 |
($103,257) |
$0 |
$0 |
| TOTAL |
$7,769,831 |
($23,625) |
$56,000 |
$7,802,206 |
| Expenses |
Unrestricted |
Temporarily Restricted |
Permanently Restricted |
Total |
| Program Services |
$7,500,005 |
$0 |
$0 |
$7,500,005 |
| Management & General |
$44,615 |
$0 |
$0 |
$44,615 |
| Fund Raising |
$308,725 |
$0 |
$0 |
$308,725 |
| TOTAL |
$7,853,345 |
$0 |
$0 |
$7,853,345 |
| Change in Net Assets |
($83,514) |
($23,625) |
$56,000 |
($51,139) |
| Net Assets at Beginning of Year |
$9,672,545 |
$620,347 |
$1,749,151 |
$12,042,043 |
| Net Assets at End of Year |
$9,589,031 |
$596,722 |
$1,805,151 |
$11,990,904 |
|
