MACDC Finances 2009
|
Statement of Activities July 1, 2008 - June 30, 2009 (audited) |
|||
|
|
|
|
|
|
|
Unrestricted |
Temp Restricted |
Total |
|
Revenues |
|
|
|
|
|
|
|
|
|
Grants and Donations |
$100,000 |
$726,273 |
$100,000 |
|
Dues and program fees |
$109,936 |
|
$109,936 |
|
Interest |
$4,449 |
|
$4,449 |
|
Events Sponsors |
$61,050 |
|
$61,050 |
|
Rent |
$5,000 |
|
$5,000 |
|
Other |
$5,018 |
|
$5,018 |
|
Net assets released |
$641,263 |
$(641,263) |
$ - |
|
|
|
|
|
|
Total revenue |
$926,716 |
$85,010 |
$1,011,726 |
|
|
|
|
|
|
Expenditures |
|
|
|
|
|
|
|
|
|
Public Education |
$73,923 |
|
$73,923 |
|
Community Development |
$258,119 |
|
$258,119 |
|
Member Initiative |
$270,492 |
|
$270,492 |
|
Mel King Institute |
$144,126 |
|
$144,126 |
|
Insurance Program |
$12,480 |
|
$12,480 |
|
Indirect lobbying |
$9,904 |
|
$9,904 |
|
Direct lobbying |
$16,892 |
|
$16,892 |
|
Western Massachusetts Project |
$26,235 |
|
$26,235 |
|
CBN |
$14,147 |
|
$14,147 |
|
General and administrative |
$80,567 |
|
$80,567 |
|
|
|
|
|
|
Total |
$906,885 |
|
$906,885 |
|
|
|
|
|
|
|
|
|
|
|
Change in Net Assets |
$19,831 |
$85,010 |
$104,841 |
|
|
|
|
|
|
Net Assets Beginning of the year |
$207,786 |
$159,130 |
$366,916 |
|
|
|
|
|
|
Net assets at end of year |
$227,617 |
$244,140 |
$471,757 |
|
Statement of Financial Conditions June 30, 2009 (audited) |
|
|
|
|
|
Assets |
|
|
Cash and Cash equivalents |
$283,722 |
|
Contracts receivable |
$181,392 |
|
Other receivable |
$4,880 |
|
Prepaid expenses and deposits |
$5,530 |
|
Property and equipments, net of accumulated depreciation |
$19,462 |
|
Security Deposit |
$13,738 |
|
Total assets |
$508,724 |
|
|
|
|
|
|
|
Liabilities |
|
|
Accounts payable and accrued expenses |
$36,059 |
|
Withheld and accrued payroll taxes |
$908 |
|
Total Liabilities |
$36,967 |
|
|
|
|
Net Assets |
|
|
Unrestricted |
$227,617 |
|
Temporarily restricted |
$224,140 |
|
Total Net Assets |
$471,757 |
|
|
|
|
Total Liabilities and Net Assets |
$508,724 |