American Land Conservancy 2010 Statement of Activities
Click to read President's statement on ALC financials
| SUPPORT AND REVENUE |
| Contributions and grants |
$680,087 |
| Program fees |
$41,006 |
| Other Income |
$1,159 |
| Investment return |
$534 |
|
| Total Support & Revenue |
$722,786 |
| EXPENSES |
| Land conservation programs |
$1,257,550 |
| Management & support services |
$245,312 |
| Fundraising |
$123,470 |
|
| Total Expenses |
$1,626,332 |
Statement of Financial Position
As of December 31, 2010
| ASSETS |
| Cash and cash equivalents |
$423,685 |
| Accounts receivable |
$2,499 |
| Funds held in escrow |
$1,000,412 |
| Note receivable |
$36,450 |
| Prepaid expenses |
$2,797 |
| Security deposit |
$7,006 |
| Options & deposits on land |
$31,900 |
| Land & land pledged to public agencies |
$1,652,030 |
| Furniture & equipment - net |
$5,572 |
|
| Total Assets |
$3,162,351 |
| LIABILITIES AND NET ASSETS |
| LIABILITIES |
|
| Accounts payable & accrued expenses |
$132,510 |
| Note payable - bank |
$150,000 |
| Note payable - vehicle |
$1,961 |
| Refundable grant |
$1,000,412 |
| Land & easements held in agency or pledged to public agencies |
$910,004 |
|
| Total Liabilities |
$2,194,887 |
COMMITMENTS AND CONTINGENCIES
NET ASSETS |
|
| Unrestricted |
$706,081 |
| Temporarily restricted |
$261,383 |
|
| Total Net Assets |
$967,464 |
|
| Total Liabilities & Net Assets |
$3,162,351 |
