2016-17 Nebraska FFA Foundation Annual Report

Page 9

FINANCIAL INFORMATION

Statement of Activities

For the year ended July 31, 2017 with summarized financial information for the year ended July 31, 2016.

Temporarily Restricted

Unrestricted

2017

2016

SUPPORT AND REVENUES Contributions

$ 173,518

$ 333,008

$ 506,526

$ 659,436

-

29,250

29,250

44,250

417,350

I Believe in the Future of Agriculture Grant Income

Administration Fee

32,289

Dividend Income

40,790

Interest Income

131,995

768

Realized and Unrealized Gain (Loss) on Investments

$1,049,966

Total Support and Revenues

-

32,289

-

40,790

-

46,688

338,563

Net Assets Released from Restrictions

549,345

581,150 37,772

768

1,808

46,251

-

46,688

(26,656)

$ 155,690

$1,205,656

$1,344,011

-

$ 859,103

$ 905,103

-

127,108

121,090

-

$1,118,184

$1,122,916

$ 87,472

$ 221,095

$1,812,775

$1,725,303

(338,563)

-

-

EXPENSES Program Services

$ 859,103

Support Services

Management and General

$

127,108 131,973

Fundraising

-

Total Expenses

$1,118,184

CHANGE IN NET ASSETS Net Assets, Beginning of Year Net Assets, End of Year

$ (68,218)

$ 155,690

$1,304,613

$ 508,162

1,372,831

$

352,472

131,973

1,725,303

96,723

1,504,208

AVERAGE VALUE RECEIVED FROM FFA FOUNDATION SERVICES PER CHAPTER

REVENUE AND EXPENSES 2012-2017

2012-13

2013-14

2014-15

2015-16

2012-13

2016-17 9

2013-14

2014-15

$4,881

$5,355

$5,023

$4,779

$3,692

$1,118,180

1,205,660

$1,122,916

$1,344,011

$995,995

$910,846

$1,102,678 $738,660

$826,138

$1,549,681

(Total programming and adult education expenses applied toward all chapters each year)

2015-16 2016-17


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