2023 CFAAC Annual Report - Report - Page 31
Financial Summary
COMBINED STATEMENT OF FINANCIAL POSITION
12/31/2023*
12/31/2022
$ 2,194,487
$ 1,533,529
$ 431,335
$ 237,596
Investments
$ 24,908,744
$ 22,518,238
Other Assets
$ 3,339,772
$ 2,598,075
$ 30,874,338
$ 26,887,438
$ 587,887
$ 1,900,288
$ 2,055,538
$ 1,396,680
$ 28,230,913
$ 23,590,470
$ 30,874,338
$ 26,887,438
Contributions
$ 8,770,195
$ 5,834,873
Special Events
$ 101,128
$ 86,721
Other Income
$ 20,445
$ 18,111
$ 2,616,215
($ 2,433,478)
$ 11,507,983
$ 3,506,227
$ 5,984,991
$ 4,216,222
$ 882,549
$ 441,909
$ 6,867,540
$ 4,658,131
Change in Net Assets
$ 4,640,443
($ 1,151,904)
Beginning Net Assets
$ 23,590,470
$ 24,742,374
$ 28,230,913
$ 23,590,470
Assets
Cash & Cash Equivalents
Contributions & Other Receivables
Total Assets
Liabilities & Net Assets
Liabilities
Agency Funds
Net Assets
Total Liabilities & Net Assets
COMBINED STATEMENT OF ACTIVITIES
Support & Revenue
Investment Income (Loss)
Total Support & Revenue
Grants & Expenses
Grants & Charitable Expenditures
Operating Expenses
Total Grants & Expenses
Net Assets
Ending Net Assets
(Endowed and Non-Endowed Funds)
Fund Balances Intended
for Grantmaking
*Unaudited Figures. Audited Financial Summary available upon request when completed.
Discretionary
$ 1,737,864
Designated Purpose
$ 1,911,126
Nonprofit Endowment
$ 2,072,479
Corporate Advised
$ 1,669,939
Donor Advised
$ 15,730,691
Field of Interest
$ 197,173
Giving Circles
$ 701,464
Scholarships
$ 611,928
www.cfaac.org | 31
