CCAI Annual Report 2016

2016 FINANCIAL STATEMENT
STATEMENT OF
FINANCIAL POSITION
STATEMENT OF ACTIVITIES
Current Assets
Cash $91,050
Promises to Give $189,000
Prepaid Expenses $10,945
Total Current Assets $290,995
Property and Equipment
Computers & Equipment $46,182
Furniture & Fixtures $13,393
Accumulated Depreciation $58,208
Net Property & Equipment $1,367
Other Assets
Deposits $4,195
Restricted Cash $40,000
Total Assets $336,557
Current Liabilities
Accounts Payable $83,763
Accrued Compensation $28,490
Total Current Liabilities $112,253
Net Assets
Unrestricted Net Assets $84,304
Temporarily Restricted
Net Assets
$140,000
Total Net Assets $224,304
Total Liabilities & Net Assets $336,557
Revenues Unrestricted Temporarily Total
Contributions $ 737,515 $ 540,100 $ 1,277,615
In-Kind Contributions $8,766 $78,315 $ 87,081
Net Assets Released from Restrictions $ 493,415 $493,415 ---
Total Revenues $1,239,696 $ 125,000 $ 1,364,696
Expenses: Program Services
Angels in Adoption® Program $322,021 --- $322,021
Foster Youth Internship Program® $213,022 --- $213,022
Congressional Resource Program $108,702 --- $108,702
20/20 Vision Program $25,902 --- $25,902
National Adoption Day $21,429 --- $21,429
Other Programs $7,712 --- $7,712
Total Program Services $698,788 --- $698,788
Expenses: Supporting Services
General & Administrative $412,338 --- $412,338
Fundraising $80,917 --- $80,917
Total Supporting Services $493,255 --- $493,255
Total Expenses $ 1,192,043 --- $1,192,043
Change in Net Assets $47,653 $125,000 $172,653
Net Assets, Beginning of Year $36,651 $15,000 $51,651
Net Assets, End of Year $84,304 $140,000 $224,304
This report is a summary of the financial statements incorporated in the annual audit report issued by Councilor, Buchanan
& Mitchell, P.C. for the year ended December 31, 2016. The complete financial statements and notes are available upon
request from CCAI. Please contact info@ccainstitute.org to receive the full set of audited financial statements.