Impact Statement 2023-24 - Report - Page 4
Financial Highlights
Statement of Financial Position
Year Ended May 31, 2024
Assets
Cash
$ 174,556
Due from Sorority
$467
Inventory
$20,118
Prepaid expenses &
other assets
$35,773
Contributions receivable, net $130,672
Investments
$10,060,640
Property & equipment, net
$4,836
Right of use asset under
operating lease, net
$99,651
TOTAL ASSETS
Liabilities
Accounts payable &
accrued expenses
Grants payable
Due to Sorority
Due to NHC
Operating lease liability
TOTAL LIABILITIES
$10,526,713
$33,853
$128,351
$6,276
$31,649
$102,721
$302,850
Statement of Activities
Year Ended May 31, 2024
Revenue
Contributions
Gain (loss) on valuation
of contributions receivable
Investment return, net
$0
$1,221,606
TOTAL REVENUE
$2,486,731
Expenses
Program services
Fundraising
General and administrative
TOTAL EXPENSES
$1,265,125
$548,702
$338,621
$326,525
$1,272,883
