Activities
Changes in
Assets December 31 2023 2022 Unaudited Audited SUPPORT & REVENUE Membership Dues $3,761,757 $2,855,245 Programs 6,478,485 4,787,905 Grants, Contributions & Special Events 825,812 886,138 Employee Retention Payroll Tax Credits - 299,346 Miscellaneous 58,334 33,836 TOTAL SUPPORT & REVENUE $11,124,388 $8,862,470 EXPENSES Member & Program Services 9,314,062 7,626,891 Management & General 1,683,264 1,356,778 Fundraising 224,435 209,671 TOTAL EXPENSES 11,221,762 9,193,340 Operating Gain (97,374) (330,870) Interest & Dividends 219,363 118,214 Net investment gain (loss) 738,635 (1,298,987) FEMA grant 261,018Flood loss, net (1,010) (59,886) CHANGE IN NET ASSETS $1,120,632 -$1,571,529 Statement of Financial Position ASSETS Cash & Cash Equivalents $1,377,489 $859,179 Cash & Cash Equivalents Designated for Long Term Investment - 425,568 Investments, at Fair Value 5,825,876 5,172,138 Accounts & Contributions Receivable 246,761 346,359 Prepaid Expenses 196,094 215,767 Refundable security deposit 93,188 93,188 Property & Equipment, at Cost, Net 7,569,575 6,253,016 Right-of-Use assets 6,333,594 6,333,594 TOTAL ASSETS $21,642,577 $19,698,809 LIABILITIES Accounts Payable 270,919 $224,420 Deferred revenue 238,892 225,754 Right-of-Use liabilities 6,354,771 6,354,771 SBA loan 1,094,200TOTAL LIABILITIES $7,958,782 $6,804,945 NET ASSETS Without donor restrictions Operating 9,227,761 8,437,830 Board designated 3,956,034 3,956,034 With donor restrictions 500,000 500,000 TOTAL NET ASSETS $13,683,795 $12,893,864 TOTAL LIABILITIES AND NET ASSETS $21,642,577 $19,698,809 34% 58% 7% 1% 2023 Revenue Membership Dues Programs Grants, Contributions & Special Events Miscellaneous 83% 15% 2% 2023 Expenses Member & Program Services Management & General Fundraising
2023 Financial Statements Statement of
and
Net