Financial Summary - 2022 CFAAC Annual Report - Other - Page 29
Financial Summary
FINANCIAL SUMMARY
COMBINED STATEMENT OF FINANCIAL POSITION
12/31/2022*
12/31/2021
Cash and Cash Equivalents
$ 1,518,717
$ 1,196,737
Contributions and Other Receivables
$
$
Investments
$ 22,418,105
$ 22,394,226
Other Assets
$ 2,976,331
$ 2,847,533
$ 27,146,750
$ 26,673,092
Liabilities
$ 1,968,474
$
Agency Funds
$ 1,358,497
$ 1,506,090
Net Assets
$ 23,819,779
$ 24,742,374
$ 27,146,750
$ 26,673,092
Contributions
$ 6,318,863
$ 4,867,048
Special Events
$
0
$
239,000
Other Income
$
4,629
$
14,872
Assets
Total Assets
233,597
234,596
Liabilities and Net Assets
Total Liabilities and Net Assets
424,628
COMBINED STATEMENT OF ACTIVITIES
Support and Revenue
Total Support and Revenue before Investment Returns
$ 6,323,492
$ 5,120,920
$ (2,621,721)
$ 2,569,916
$ 3,701,771
$ 7,690,836
Grants and Charitable Expenditures
$ 4,138,366
$ 4,014,865
Operating Expenses
$
$
Total Grants and Expenses
$ 4,624,366
$ 4,465,298
Change in Net Assets
$ (922,595)
$ 3,225,538
Beginning Net Assets
$ 24,742,374
$ 21,516,836
Ending Net Assets
$ 23,819,779
$ 24,742,374
Investment Income or (Loss)
Total Support and Revenue
Grants and Expenses
486,000
450,433
*Unaudited Figures. Audited Financial Summary available upon request when completed.
Fund Balances Intended for Grantmaking
(Endowed and Non-Endowed Funds)
Discretionary
$ 1,529,976
Designated Purpose
$ 1,293,721
Nonprofit Endowment $ 1,389,884
Corporate Advised
$ 1,369,226
Donor Advised
$ 14,840,799
Field of Interest
$
206,727
Giving Circle
$
558,251
Scholarship
$
555,060
Pledges
$ 3,271,844
Let us help
you make your
charitable giving
even more effective.
Contact us at
410.280.1102.
cfaac.org | 29
