inside - Wells National Estuarine Research Reserve

Total Income from Revenues and Public Support
Year Ended June 30, 2010: $761,025
Year Ended June 30, 2009: ( $94,866 )
Laudholm Trust Statement of Financial Position as of June 30, 2010
Assets 2010 2009 Liabilities 2010 2009
Cash $653,302 $756,319 Accounts payable $1,833 $5,536
Investments 2,284,788 1,986,444 Annuity obligations 31,919 41,926
Pledges 56,200 110,850 Total Liabilities 33,752 47,462
Inventory 6,013 5,671
Charitable trusts 819,259 770,885 Net Assets
Land & buildings 147,950 147,950 Unrestricted:
Furnishings & equipment, net 2,554 2,867 Designated as endowment 836,031 787,787
Undesignated 308,339 325,560
Total Assets $3,970,066 $3,780,986 Temporarily restricted 1,087,024 1,039,576
Permanently restricted 1,704,920 1,580,601
Total Net Assets 3,936,314 3,733,524
Total Liabilities & Net Assets $3,970,066 $3,780,986
Total Income from Revenues and Public Support
Year Ended June 30, 2010: $1,334,964
Laudholm Trust Financials – FY2010
Contributions and Grants
$327,499
Memberships
$70,656
Interest and Dividends
$66,497
Events and Other Income, net
$90,917
Gains on Investments
$157,082
Gains on Charitable Trusts
$48,374
Wells National Estuarine Research Reserve Financials – FY2010
Laudholm Trust Grants
$203,083
Laudholm Trust Indirect Support
$68,579
Federal Grants
$906,177
Contributions, Interest, and
Other Income
$18,365
Charges for Services
$82,685
Other Grants
$56,075
How Was It Used?
Total Expenses Year Ended June 30, 2010: $558,235
Total Expenses Year Ended June 30, 2009: $561,763
How Was It Used?
Total Expenses Year Ended June 30, 2010: $1,489,832
Wells National Estuarine Research Reserve Balance Sheet as of June 30, 2010
Contributions to Wells Reserve
$273,883
Fundraising and Member Support
$218,071
Other Expenses
$66,281
Assets 2010 2009 Liabilities 2010 2009
Cash $173,226 $226,396 Accounts payable $29,590 $5,704
Grants receivable 921,248 382,385 Accrued salaries 10,781 4,028
Property, plant & equip. 4,110,920 4,242,255 Accrued compensated absences 21,106 15,964
Deferred amounts 829,550 356,105
Total Assets $5,205,394 $4,851,036 Total Liabilities 891,027 381,801
Audited financial statements are available at the Laudholm Trust and Wells Reserve
office and online. The above condensed financial information has been derived from
the audited financial statements.
Education Programs
$301,720
Research Programs
$282,123
Stewardship Programs
$103,154
Supporting Services
$448,992
Grants to Others
$45,906
Depreciation
$281,205
NERR System Meetings
$26,732
Fund Balances
Unrestricted:
Undesignated 203,447 226,980
Net investment in plant 4,110,920 4,242,255
Total Fund Balances 4,314,367 4,469,235
Total Liabilities & Fund Balances $5,205,394 $4,851,036