Land Trust Alliance 2010 Annual Report

Page 15

COMBINED FINANCIAL STATEMENTS Year Ended December 31, 2010 (with comparative totals for 2009) To request a copy of the complete Notes to Financial Statements, e-mail info@lta.org.

2010

Combined Statement of Activities

Unrestricted

Temporarily Restricted

Permanently Restricted

Total

2009

$ 43,125

$ 4,070,679

$ 175,000

$ 4,288,804

$ 5,968,406

1,936,369

27,800

-

1,964,169

1,769,639

972,427

-

-

972,427

909,778

Combined Statements of Financial Position

Support and revenue

2010

2009

$ 1,700,711

$ 2,138,879

Assets

Grants

Current assets Cash and cash equivalents

Contributions Individual memberships and donations Organizational memberships

7,361

13,794

Promises to give

3,012,756

1,937,226

Investments

2,782,533

3,048,777

165,390

144,537

Receivables

36,924

-

-

36,924

29,136

897,717

-

-

897,717

910,666

Prepaid expenses

72,252

196,132

-

268,384

440,172

Inventories

Accreditation fees

241,917

-

-

241,917

163,250

Publication sales

38,004

-

-

38,004

57,883

Other programs

15,750

-

-

15,750

13,143

3,684,062

(3,684,062)

-

-

-

7,938,547

610,549

175,000

8,724,096

10,262,073

Other donations Conference fees Investment income (loss)

Net assets released from restrictions Total support and revenue

Total current assets

Management and general Fundraising Total expenses

6,223,250

6,223,250

-

-

461,503

-

-

461,503

544,331

1,252,122

-

-

1,252,122

1,434,158

net of accumulated depreciation of $913,963 ($809,658 in 2009)

-

-

7,936,875

9,842,793

1,672

610,549

175,000

787,221

419,280

$ 4,400,389

$ 1,352,216

$ 8,593,076

$ 8,173,796

Ending

$ 2,842,143

$ 5,010,938

$ 1,527,216

$ 9,380,297

$ 8,593,076

464,518

330,284

726,444

Investments - endowments

1,817,590

1,440,371

Total other assets Total assets

8,419

8,419

2,156,293

2,175,234

$ 10,290,395

$ 9,978,195

$ 525,684

$ 982,617

Liabilities and net assets Current liabilities Accounts payable and accrued expenses

$ 2,840,471

403,302

Promises to give, long-term Deposits

Net assets Beginning

$ 7,338,443

Other assets

7,864,304

7,936,875

Change in net assets

55,230

$ 7,730,800

Property and equipment

Expenses Program services

62,049

384,414

402,502

910,098

1,385,119

Unrestricted

2,842,143

2,840,471

Temporarily restricted

5,010,938

4,400,389

Permanently restricted

1,527,216

1,352,216

Deferred rent Total current liabilities Net assets

REVENUE

EXPENSE 2.7%

Individuals 26.8% Government 20.7% Organizational memberships 11.2% Corporations/Organizations 6.4% Earned revenue

16.8%

Fundraising 15.8%

16.8%

Foundations 18.1%

26.8%

Management & General

5.8%

11.2%

Education & Capacity Building

53.6%

6.4%

Policy and Outreach

17.2%

18.1% 20.7%

4.9%

Conservation Defense

2.7%

Accreditation 4.9%

Total net assets

15.8% 17.2%

5.8%

53.6%

Total liabilities and net assets

9,380,297

8,593,076

$ 10,290,395

$ 9,978,195


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