2010 Annual Report

Page 16

FINANCIAL STATEMENTS The following are audited figures from the fiscal years ending December 31, 2008 and December 31, 2009. When the 2010 audit is complete, the audit report will be posted in its entirety online at www.unitedwaygkc.org.

Statement of Activities

Statement of Financial Position

12/31/2009

12/31/2008

Year Ended 12/31/2009

Revenues, Gains & Other Support

Assets Cash & Cash Equivalents 4,585,263 5,233,453 Campaign Pledges Receivable 18,789,589 20,257,100 Accounts & Grants Receivable 77,664 100,481 Investments 9,409,658 8,049,695 Buildings, Equipment and 2,792,394 2,987,531 Leasehold Improvements Other Assets 37,930 39,992 TOTAL ASSETS 35,692,498 36,668,252 Liabilities & Net Assets Payable to Agencies- 16,231,301 17,283,825 Community Care Funds Designations to Agencies 7,719,373 9,229,802 and Grants Payable Accounts Payable 1,656,259 2,380,315 and Accrued Liabilities Long-term Debt 358,401 1,581,029 Total Liabilities

25,965,334

30,474,971

Net Assets Undesignated-Available 1,044,934 (864,879) for General Activities Board-Designated Quasi 5,478,714 3,854,644 Endowment Fund Board-Designated 3,203,516 3,203,516 Contingency Fund

Total Campaign Pledges Investment Income United for Hope/United to Help Other Contributions Grant Income Miscellaneous Revenue Total Revenues, Gains & Other Support

40,578,024

Allocations & Expenses Program Services: Agency Allocations United for Hope/United to Help Community Services

27,738,365 1,846,315 3,523,552

Services Support: Management & General Financial Resources Development Total Allocations & Expenses

TOTAL LIABILITIES & NET ASSETS

9,727,164 36,692,498

721,885 3,815,086 37,645,203

Change in Net Assets Before Change in Pension Plan Gains & Losses Change in Pension Plan Gains & Losses

2,932,821 601,062 3,533,883

Change in Net Assets Total Net Assets

33,717,219 982,207 1,846,093 2,013,385 502,797 1,516,245

6,193,281 36,668,252

NET ASSETS, Beginning of Year

6,193,281

NET ASSETS, End of Year

9,727,164

As part of Live United Week activities in October 2010, United Way collected personal care items for local homeless and domestic violence shelters. Twelve pallets of soap, shampoo and other products were collected with the help of four area QuikTrip locations and YRC Worldwide.


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