about us: governance: statement of activities |
Audited Statement
of Activities
June 30, 2003
|
|
2003 |
2002 |
Campaign amounts raised |
|
$26,331,908 |
27,539,101 |
Add: |
|
|
|
|
|
Contributions from other United Way campaigns, net of donor designations |
$31,909 |
0 |
|
Less: |
|
|
|
|
|
Uncollectible pledges |
($571,600) |
($1,161,979)
|
|
|
|
|
|
|
|
|
|
Community Health Charities' share of campaign (including designations) |
|
($3,897,759) |
($3,954,618) |
|
|
Amounts designated by donors |
|
($6,970,297) |
($6,582,226) |
|
|
Net campaign pledge revenue |
|
$14,924,161 |
$15,840,278 |
Other revenue: |
|
|
|
|
Investment income, net of fees of $78,364 and $61,447, respectively |
|
$301,280 |
$412,242 |
|
Loss on sales of investments |
|
($186,333) |
($279,440) |
|
Income from trusts held by others |
|
$395,204 |
$376,416 |
|
Legacies and bequests |
|
$23,046 |
$49,057 |
|
Community grants, initiatives and service income |
|
$263,027 |
$56,096 |
|
Administrative fees on amounts raised on behalf of others |
|
$156,267 |
$277,600 |
|
Rental income |
|
$104,880 |
$176,690 |
|
Miscellaneous revenues |
|
$628,435 |
$627,214 |
|
Total other revenue |
|
$1,685,806 |
$1,695,875 |
|
|
Total support and revenue |
|
$16,609,967 |
$17,536,153 |
Community support and
program expenses: |
|
|
|
|
Agency support |
|
$12,245,523 |
$10,956,142 |
|
Grants and initiatives |
|
$127,666 |
0 |
|
Community services |
|
$1,841,205 |
$1,529,402 |
|
|
Total community support and program expenses |
|
$14,214,394 |
$12,485,544 |
|
|
|
|
Support services: |
|
|
|
|
Fundraising |
|
$2,399,446 |
$2,543,759 |
|
Management and general |
|
$785,718 |
$584,084 |
|
|
Total community support, program and support services |
|
$17,399,558 |
$15,613,387 |
Non-operating revenues and expenses: |
|
|
|
Unrealized gains (losses) on investments |
|
$70,177 |
($947,403) |
Unrealized (losses) on investments held in trust by others |
|
($152,502) |
($840,770) |
Change in net assets |
|
$(871,916) |
$134,593 |
Net assets, beginning of year
|
|
$16,630,162
|
$16,495,569 |
Net assets, end of year |
|
$15,758,246 |
$16,630,162 |
|
|