| Assets |
2019 |
| Cash and Cash Equivalents |
779,315 |
| Accounts Receivable |
6,901 |
| Gift Receivable |
36,347 |
| Marketable Securities |
| |
Equities |
9,053,612 |
| |
Bonds |
3,424,156 |
| Total Marketable Securities |
12,477,768 |
| Lead Trusts |
94,735 |
| Investments Held in Charitable remainder trusts |
3,719,032 |
| Beneficial interest in Remainder Trust |
13,764 |
| Property and Equipment |
| |
Computer Equipment |
2,194 |
| |
Less Accumulated Depreciation |
2,022 |
| Net Property and Equipment |
172 |
| Total Assets |
17,128,034 |
| Liabilities |
2019 |
| Grants Payable |
123,827 |
| Gift Annuities Payable |
284,736 |
| Liabilities under charitable remainder trusts |
1,655,921 |
| Agency Funds |
1,603,649 |
| Total Liabilities |
3,668,133 |
| Net Assets |
|
| Without Donor Restrictions |
8,374,495 |
| With Donor Restrictions |
5,085,406 |
| Total Net Assets |
13,459,901 |
| Total Liabilities and Net Assets |
17,128,034 |
| Revenue |
Total |
| Gifts Received |
1,605,030 |
| Net Investment Income |
562,954 |
| Chang in Value of Charitable Trusts |
14,001 |
| Change in value of gift annuities |
(48,155) |
| Trustee Income |
18,349 |
| Rental Income |
17,000 |
| Total Revenue |
2,169,179 |
| Operating Expenses |
|
| Salaries and Wages |
68,945 |
| Payroll Taxes |
5,276 |
| Contract Labor |
30,360 |
| IRA Expense |
1,429 |
| Marketing |
4,320 |
| Professional Fees |
11,379 |
| Newsletter / Annual Report |
13,461 |
| Supplies |
1,367 |
| Office Rent |
4,400 |
| Postage |
1,067 |
| Dues and Subscriptions |
3,422 |
| Depreciation |
347 |
| State and Local Taxes |
332 |
| Foreign Taxes |
675 |
| Insurance |
4,342 |
| Telephone |
1,154 |
| Utilities |
1,242 |
| Meals and Entertainment |
816 |
| Printing |
299 |
| Donor Relations / Community Activities |
13,632 |
| Computer Services |
5,176 |
| Miscellaneous |
338 |
| Building Rent – ACC |
48,000 |
| Real Estate Taxes – ACC |
13,512 |
| Repairs and Maintenance – ACC |
395 |
| Insurance – ACC |
5,827 |
| Miscellaneous – ACC |
1,793 |
| Total Operating Expenses |
243,327 |
| Changes in Net Assets |
1,018,251 |
