American Land Conservancy 2009 Statement of Activities
Click to read President's statement on ALC financials
| SUPPORT AND REVENUE |
| Program Fees |
$54,600 |
| Contributions & grants |
$1,022,601 |
| Investment return |
$2,356 |
| Other income |
$7,805 |
|
| Total Support & Revenue |
$1,087,362 |
| EXPENSES |
| Land conservation programs |
$1,212,693 |
| Management & support services |
$339,521 |
| Fundraising |
$134,094 |
|
| Total Expenses |
$1,686,308 |
Statement of Financial Position
As of December 31, 2009
| ASSETS |
| Cash and cash equivalents |
$534,069 |
| Accounts receivable |
$6,560 |
| Funds held in escrow - Wild Cherry Canyon |
$150,412 |
| Note receivable |
$36,450 |
| Contributions receivable |
$105,412 |
| Prepaid expenses |
$14,655 |
| Security deposit |
$7,006 |
| Options & deposits on land |
$31,601 |
| Land & easements |
$2,156,008 |
| Land pledged to public agencies |
$81,738 |
| Property & equipment - net |
$16,560 |
|
| Total Assets |
$3,140,986 |
| LIABILITIES AND NET ASSETS |
| LIABILITIES |
|
| Accounts payable & accrued expenses |
$121,063 |
| Note payable |
$6,763 |
| Refundable advance - Wild Cherry Canyon |
$150,412 |
| Land & easements held in agency or pledged to public agencies |
$991,738 |
|
| Total Liabilities |
$1,269,976 |
COMMITMENTS AND CONTINGENCIES
NET ASSETS |
|
| Unrestricted and unappropriated |
$1,249,485 |
| Unrestricted - board designated |
$250,000 |
| Temporarily restricted |
$371,525 |
|
| Total Net Assets |
$1,871,010 |
|
| Total Liabilities & Net Assets |
$3,140,986 |
