ANNUAL FINANCIAL REPORT FY 2012/2011
NARAL PRO-CHOICE AMERICA & POLITICAL ACTION COMMITTEE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION SEPTEMBER 30, 2012
2011
ASSETS CURRENT ASSETS: Cash and cash equivalents Accounts receivable, net Loans receivable, net Prepaid expenses Deposits TOTAL CURRENT ASSETS
$
1,085,930 89,282 28,420 36,661 114,885
$
1,546,285 241,848 32,143 28,705 97,935
$
1,355,178
$
1,946,916
FURNITURE AND EQUIPMENT, NET TOTAL ASSETS
437,080
528,321
$
1,792,258
$
2,475,237
$
1,214,784 200,000 2,526 247,353
$
1,237,992 200,000 846,752 184,990
LIABILITIES AND NET ASSETS CURRENT LIABILITIES: Accounts payable and accrued liabilities Demand loan Due to NARAL Foundation Deferred revenue Deferred lease benefit, current portion TOTAL CURRENT LIABILITIES
191,009 $
NONCURRENT LIABILITIES: Deferred lease benefit, net of current portion TOTAL LIABILITIES
$
216,537 $
NET ASSETS: Unrestricted TOTAL LIABILITIES AND NET ASSETS
1,855,672
106,161
2,072,209
240,376 $
(279,951) $
1,792,258
2,575,895
2,816,271 (341,034)
$
2,475,237
NARAL PRO-CHOICE AMERICA & POLITICAL ACTION COMMITTEE CONSOLIDATED STATEMENT OF ACTIVITIES
FOR THE YEARS ENDED SEPTEMBER 30, 2012 2011 REVENUE AND SUPPORT: Membership Major gifts Internet contributions Special events (net of cost of direct benefits totaling $120,064 and $60,524, respectively) Lobbying service income Bequests Royalty income Donated services Other revenue TOTAL REVENUE AND SUPPORT
Special Events 7%
Lobby Income 4%
$
6,235,718 1,416,741 1,031,358
696,597 353,981 86,205 85,522 79,326 82,897 $ 10,068,345
Other 3%
Internet 10% Major Gifts 14%
Membership 62%
$
$
5,398,743 1,216,901 925,587 639,598 337,000 105,656 108,095 166,303 68,419 8,966,302
CONSOLIDATED EXPENSES & CHANGES IN NET ASSETS
EXPENSES: Politics & Elections Youth & Power in the States Communications & Activist Engagement Policy, Research & Legislation Membership Education Fundraising Management & General PAC CHANGE IN NET ASSETS BEFORE ADJUSTMENT TO DEFERRED LEASE BENEFIT Adjustment to deferred lease benefit CHANGE IN NET ASSETS NET ASSETS, BEGINNING OF YEAR NET ASSETS, END OF YEAR
Management & General 9%
PAC 6%
FOR THE YEARS ENDED SEPTEMBER 30, 2012 $ 1,204,077 985,154 868,628 714,954 1,932,678 2,769,031 938,740 594,000 $ 10,007,262
2011 $ 765,092 625,984 768,969 691,425 1,891,823 2,598,277 1,197,544 292,144 $ 8,831,258
61,083 61,083 (341,034)
135,044 134,250 269,294 (610,328)
($279,951)
($341,034)
Politics & Elections Youth & Power in the 12% States 10% Communications & Activist Engagement 9%
Fundraising 28% Membership Education 19%
Policy, Research & Legislation 7%
BOARD OF DIRECTORS FY 2012 OFFICERS
Janet L. Denlinger *
Karen Ritter *
Chair
Vice-Chair
Cassandra Lentchner (Cassie) *
Vivian Shimoyama *
Secretary
Treasurer
Sara N. Love* At-Large Executive Committee Member
MEMBERS Coni Batlle
Chris Bell
Becky Carroll
Sachin Chheda
JoAnn Eisenberg
Karen Finney
Georgia Foulard
Linnea House
Rachel Howell
Rosalyn Levy Jonas, ex officio *
Lisa Lindelef
Tony Massaro
Jennifer Lassiter
Katherine Miller
Sylvia Neil
RenĂŠ Redwood
Lilli Rey
Maria Vullo