—Judge Vanessa Ruiz, DC Court of Appeals.
Consolidated Statement of Activities |
Activity for FY Ending March 31, 2011 | |||||||||||||||||
2011 | |||||||||||||||||
Unrestricted | Temporarily Restricted | Permanently Restricted | Total | ||||||||||||||
Support and revenues | |||||||||||||||||
Support: | |||||||||||||||||
Grants and contributions | $ 1,458,108 | $36,434,699 | $ 506,120 | $38,398,927 | |||||||||||||
Special events (net of direct expenses | |||||||||||||||||
of $277,601 for 2011) | 622,271 | — | 622,271 | ||||||||||||||
Investment income, net | 29,054 | 1,628,168 | — | 1,657,222 | |||||||||||||
In-kind contributions | 86,235 | — | — | 86,235 | |||||||||||||
Other revenue | 19,849 | — | — | 19,849 | |||||||||||||
Net assets released from restrictions | 36,528,261 | (25,000) | — | ||||||||||||||
Total support and revenues | 38,743,778 | 1,559,606 | 481,120 | 40,784,504 | |||||||||||||
Expenses and losses | |||||||||||||||||
Program services: | |||||||||||||||||
Scholarships | 32,834,182 | 32,834,182 | |||||||||||||||
Education and information | 3,923,500 | 3,923,500 | |||||||||||||||
Total program services | 36,757,682 | — | — | 36,757,682 | |||||||||||||
Support services: | |||||||||||||||||
Administration | 1,701,332 | 1,701,332 | |||||||||||||||
Fund-raising | 1,422,901 | 1,422,901 | |||||||||||||||
Total support services | 3,124,233 | — | — | 3,124,233 | |||||||||||||
Total expenses | 39,881,915 | — | — | 39,881,915 | |||||||||||||
Net assets | |||||||||||||||||
Change in net assets | (1,138,137) | 1,559,606 | 481,120 | 902,589 | |||||||||||||
Net assets, beginning of year | 469,194 | 17,382,357 | 11,449,280 | 29,300,831 | |||||||||||||
Net assets, end of year | $ (668,943) | $18,941,963 | $11,930,400 | $30,203,420 |