T H E P O T E N T I A L O F - Junior League of Baltimore

2007~2008 FINANCIAL HIGHLIGHTS
STATEMENT OF FINANCIAL POSITION
Assets Liabilities and Net Assets
May 31, 2008
Cash and cash equivalents $ 276,647
Contributions receivable 338,558
Unconditional promises to give, net 92,468
Investments 84,089
Prepaid expenses 6,547
Property and equipment, net 778,013
Financing fees 25,584
Other assets 3,500
Total Assets $1,605,406
May 31, 2008
Accounts payable and accrued expenses $ 2,472
Accreued interest payable 8,333
Construction payables 110,700
Bridge loan payable 200,000
Net Assets
Total liabilities 321,505
Unrestricted
STATEMENT OF ACTIVITIES YEAR ENDED MAY 31, 2008
Revenue Expenses
E
D
F
A
C B
T H E P OT E N T I A L O F C H A N G E
A 23% Contributions* $ 77,525
B 40% Wise Penny Shop Sales** 136,863
C 28% Contributions In-Kind 95,932
D 0% Special Events** 1,918
E 6% Membership Dues 20,170
F 3% Other (investments, net assets released) 8,677
100% Total Revenue $ 341,085
*This chart represents operating revenue and expenses only;
restricted capital project revenues total $388,538
**Net of direct costs
Board designation for:
Investment 63,855
Building improvements 25,710
Available for general activities 895,352
Total unrestricted net assets 984,917
Temporarily restricted 298,984
Total net assets 1,283,901
Total Liabilities and Net Assets $1,605,406
A
B
C
A 81% Program Services $ 302,565
B 8% Management and General 30,909
C 11% Fundraising 42,711
100% Total Expenses $ 376,185