|
Without Donor Restrictions |
With Donor Restrictions |
Total |
Operating: |
|
|
|
Revenues and Other Support |
|
|
|
| Contributions |
$31,384 |
$2,637 |
$34,021 |
| Investment income, net |
1,825,954 |
1,070,591 |
2,896,545 |
| Beneficial trust income |
|
64,236 |
64,236 |
| Net realized and unrealized gain |
8,411,032 |
4,872,749 |
13,283,781 |
| Unrealized gain on interest in perpetual trust |
- |
101,601 |
101,601 |
| Net assets released from restrictions |
3,764,652 |
(3,764,652) |
- |
| Total revenues and other support |
14,033,022 |
2,347,162 |
16,380,184 |
|
|
|
|
|
|
|
|
Expenses:
|
|
|
|
| Grants and distributions |
7,478,395 |
- |
7,478,395 |
|
|
|
|
| Administrative and general expenses: |
|
|
|
| Salaries |
999,292 |
- |
999,292 |
| Purchased services |
303,385 |
- |
303,385 |
| Employee benefits |
176,942 |
- |
176,942 |
| Occupancy, software, insurance, and supplies |
106,177 |
- |
106,177 |
| Payroll taxes |
61,071 |
- |
61,071 |
| Other expenses |
37,882 |
- |
37,882 |
| Depreciation |
44,273 |
- |
44,273 |
| Total administrative and general expenses |
1,729,022 |
- |
1,729,022 |
|
|
|
|
|
|
|
|
| Total expenses |
9,207,417 |
- |
9,207,417 |
|
|
|
|
|
|
|
|
| Change in net assets from operating activity |
4,825,605 |
2,347,162 |
7,172,767 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nonoperating Income (Expense) |
|
|
|
| Operating Income - Lead Safe Cleveland Coalition |
391,440 |
- |
391,440 |
| Operating Expense - Lead Safe Cleveland Coalition |
(93,990) |
- |
(93,990) |
| Total Nonoperating Income |
297,450 |
- |
297,450 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net assets, beginning of year
|
107,269,910 |
63,246,427 |
170,516,337 |
|
|
|
|
|
|
|
|
Change in net assets
|
5,123,055 |
2,347,162 |
7,470,217 |
|
|
|
|
|
|
|
|
Net assets, end of year
|
$112,392,965 |
$65,593,589 |
$177,986,554 |
