As of FY Ending March 31, 2010 |
|||||||||||||||||||
FY 2010 |
|||||||||||||||||||
|
Unrestricted |
Temporarily Restricted |
Permanently Restricted |
Total |
|||||||||||||||
and Revenues |
|||||||||||||||||||
Support: |
|||||||||||||||||||
Grants and contributions |
$ |
961,656 |
$ |
34,194,573 |
$ |
587,412 |
$ |
35,743,641 |
|||||||||||
Special Events (net of direct expenses of $284,793 for 2010) |
631,649 |
631,649 |
|||||||||||||||||
Investment income, net |
1,309,068 |
1,834,525 |
3,143,593 |
||||||||||||||||
In-kind contributions |
144,626 |
144,626 |
|||||||||||||||||
Other Revenue |
87,024 |
87,024 |
|||||||||||||||||
Net assets released from restrictions |
35,937,432 |
(35,937,432) |
- |
||||||||||||||||
Total and Revenues |
39,071,455 |
91,666 |
587,412 |
39,750,533 |
|||||||||||||||
Expenses and Losses |
|||||||||||||||||||
Program services: |
|||||||||||||||||||
Scholarships |
30,874,441 |
30,874,441 |
|||||||||||||||||
Education and information |
3,970,634 |
3,970,634 |
|||||||||||||||||
Total Program Services |
34,845,075 |
- |
- |
34,845,075 |
|||||||||||||||
Support services: |
|||||||||||||||||||
Administration |
1,648,055 |
1,648,055 |
|||||||||||||||||
Fund-raising |
1,196,248 |
1,196,248 |
|||||||||||||||||
Total Support Services |
2,844,303 |
- |
- |
2,844,303 |
|||||||||||||||
Total Expenses |
37,689,378 |
- |
- |
37,689,378 |
|||||||||||||||
Net Assets |
|||||||||||||||||||
Change in Net Assets |
1,382,077 |
91,666 |
587,412 |
2,061,155 |
|||||||||||||||
Net Assets, beginning of year |
(912,883) |
17,290,691 |
10,861,868 |
27,239,676 |
|||||||||||||||
Net Assets, end of year |
$ |
469,194 |
$ |
17,382,357 |
$ |
11,449,280 |
$ |
29,300,831 |
|||||||||||