Junior Achievement of Kentuckiana STATEMENT OF ACTIVITIES Year Ending June 30, 2016 Unrestricted Public Support and Revenues: Contributions, sponsorships and grants Special events, net of cost of benefit to donors Governmental income Investment Income Net unrealized and realized gain on investments Donated Goods and Services Other Income Change in beneficial interests in assets by others Sub Total Net Assets Released from Temp. Restrictions Total Public Support and Revenues Expenses: Program expense Management and general expense Fundraising and special events expense Loss on disposal of fixed assets Total Expenses Change in Net Assets Net Assets, Beginning of Year Net Assets, End of Year $ 1,219,165 $ 351,692 $ 9,500 $ 69,517 $ (47,322) $ 378,674 $ 5,793 $ (28,006) $ 1,959,013 $ 101,426 $ 2,060,439 $ 1,584,993 $ 223,740 $ 443,924 $ 19,846 $ 2,272,503 $ (212,064) $ 4,473,588 $ 4,261,524 Temporarily Restricted $ $ $ $ $ $ 89,250 - - - - - $ 89,250 $ (101,426) $ (12,176) $ $ $ $ $ - - - - - $ (12,176) $ 101,426 $ 89,250 Total $ 1,308,415 $ 351,692 $ 9,500 $ 69,517 $ (47,322) $ 378,674 $ 5,793 $ (28,006) $ 2,048,263 $ - $ 2,048,263 $ 1,584,993 $ 223,740 $ 443,924 $ 19,846 $ 2,272,503 $ (224,240) $ 4,575,014 $ 4,350,774 Year Ending June 30, 2016 STATEMENT OF FINANCIAL POSITION ASSETS Current Assets Cash and equivalents Investments Pledges receivable, net Prepaid expenses Total Current Assets Long-Term Assets Beneficial interest in assets held by others Fixed assets - net Total Long-Term Assets Total Assets $ 213,922 $ 1,761,658 $ 1,975,580 $ 4,429,579 $ 143,284 $ 2,190,167 $ 108,582 $ 11,966 $ 2,453,999 LIABILITIES AND NET ASSETS Current Liabilities Accounts payable Accrued expenses Total Current Liabilities Net Assets Unrestricted net assets Board designated net assets Total unrestricted net assets Temporarily restricted net assets Total Net Assets Total Liabilities and Net Assets $ 1,857,435 $ 2,404,089 $ 4,261,524 $ 89,250 $ 4,350,774 $ 4,429,579 $ $ $ 22,336 56,469 78,805 EXPENSE ALLOCATION Year Ending June 30, 2016 Program Services Management & General Fundraising & Special Events 12% 11% 77%
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