2010 Annual Report Asnuntuck Community College Foundation
2010 Annual Report Asnuntuck Community College Foundation
2010 Annual Report Asnuntuck Community College Foundation
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Financial Statements(continued)ACC <strong>Foundation</strong> <strong>Annual</strong> <strong>Report</strong>Page 12STATEMENT OF ACTIVITIESFOR THE YEARS ENDING DECEMBER 31, <strong>2010</strong> AND 2009<strong>2010</strong>UnrestrictedTemporarilyRestrictedPermanentlyRestrictedTotalREVENUES, GAINS, AND OTHER SUPPORTPublic support and revenues:Donations $ 150 $ 10,153 $ 1,500 $ 11,803Special events/fundraising 83,916 - - 83,916Interest income 2,657 1,352 4,009Transfer of Interest 3,308 (3,308)Net assets restricted by donorsand state matching funds - -375 375TOTAL REVENUES, GAINSAND OTHER SUPPORT 90,031 8,197 1,875 100,103EXPENSESPrograms:Mini-grants 3,925 - - 3,925Program development - - - -Scholarships 6,000 26,133 - 32,1339,925 26,133 36,058Professional fees 3,750 - - 3,750Depreciation 128 - - 128Administration 6,316 - - 6,316Special events/fundraising 34,331 - - 34,33144,525 - - 44,525TOTAL EXPENSES 54,450 26,133 - 80,583CHANGE IN NET ASSETS 35,581 (17,936) 1,875 19,520NET ASSETS, Beginning 141,008 53,234 135,171 329,413NET ASSETS, Ending $ 176,589 $ 35,298 $ 137,046 $ 348,933
Change language