Foundation Impact Statement - Report - Page 5
FINANCIAL HIGHLIGHTS
STATEMENT OF FINANCIAL
POSITION
YEAR ENDED MAY 31, 2023
REVENUE
ASSETS
Cash
Due from Sorority
$189,855
$533
Inventory
$21,030
Prepaid expenses &
other assets
$18,540
Investments
Property &
equipment, net
Right of use asset
under operating
lease, net
TOTAL ASSETS
$8,922,079
$136,243
$9,369,444
TOTAL REVENUE
Program services
$0
($183,477)
$1,082,832
448,599
Fundraising
$266,937
General and
administrative
$443,411
TOTAL EXPENSES
$1,158,947
$31,973
$230,981
Due to Sorority
$7,180
TOTAL LIABILITIES
Gain (loss) on
valuation of
contributions
receivable
Investment return,
net
$1,266,309
EXPENSES
Grants payable
Due to NHC
Operating lease
liability
Contributions
$12,126
LIABILITIES
Accounts payable &
accrued expenses
STATEMENT OF ACTIVITIES
YEAR ENDED MAY 31, 2023
$10,309
$138,021
$418,464
2022-2023 FOUNDATION IMPACT STATEMENT
5