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11.23.2014
2012 Annual Report


Financial Statements


Condensed Statement of Financial Position
June 30, 2012 and 2011

2012 2011
Assets
Cash and Investments
Receivables and Pledges
Prepaid Expenses and Other Assets
Property & Equipment, Net
Total Assets

$1,585,567
$1,847,820
$190,660
$5,405,342
$9,029,389

$1,876,671
$2,366,766
$190,866
$4,088,519
$8,522,822
Liabilities
Payables and Accrued Liabilities
Bridge Loan Payable
Line of Credit
Other Liabilities
Deferred Revenues
Total Liabilities

$671,694
$551,120
$1,362,049
$327,238
$93,022
$3,005,123

$591,471
$2,700,000
$150,000
$261,329
$64,946
$3,767,746
Net Assets
Unrestricted
Temporarily Restricted
Total Net Assets

Total Liabilities and Net Assets

$3,726,426
$2,297,840
$6,024,266

$9,029,389

$2,422,482
$2,332,594
$4,755,076

$8,522,822



Condensed Statement of Activities
For the year ended June 30, 2012 and 2011

2012 2011
Support and Revenue
Government Grants and Contracts
Contributions Individuals and Foundations*
Special Events (Net)
Program Fees
Investment and Other Income
Total Support and Revenue

$3,648,422
$4,281,278
$413,358
$42,505
$112,255
$8,497,818

43%
50%
5%
1%
1%
100%

$1,205,251
$5,657,267
$407,672
$63,017
$92,334
$7,425,541

16%
76%
5%
1%
1%
100%
Expenses
Programs and Direct Services
Administration
Fundraising
Total Expenses

$5,421,721
$579,875
$1,227,032
$7,228,628

75%
8%
17%
100%

$4,453,000
$625,010
$989,247
$6,067,257

73%
10%
16%
100%
Change in Net Assets $1,269,190 $1,358,284


* Includes Donated Services and Products, Corporate Giving (non-event related), Memberships and Bequests



Condensed Statement of Cash Flows
For the year ended June 30, 2012

2012
Net cash provided by (used in) operating activities $2,414,257
Net cash provided by (used in) investing activities $(1,510,173)
Net cash provided by (used in) financing activities $(935,999)
Net increase (decrease) in cash and cash equivalents $(31,915)
Cash and cash equivalents at beginning of year $344,685
Cash and cash equivalents at end of year $312,770



Support and Revenue
FY 2012

Government Grants
and Contracts
43%
Contributions Individuals and Foundations* 50%
Special Events (Net) 5%
Program Fees 1%
Investment and Other Income 1%


Expenses
FY 2012

Programs and Direct Services 75%
Administration 8%
Fundraising 17%








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