LIVE UNITED :: Montgomery County United Way

Financials

Montgomery County United Way, Inc.
Statements of Financial Position
June 30, 2011 and 2010
	2011	2010
ASSETS
Investments	580,942	717,713
Pledges Receivable, Net	$1,659,726	$1,141,815
Other Accounts Receivable	811,711	192,292
Fixed Assets, Net	837,287	868,457
Other Assets	9,805	8,762
Total Assets	$4,843,521	$3,559,081
LIABILITIES AND NET ASSETS
Liabilities
Accounts Payable & Accrued Exp	$359,478	$25,387
Donor Designations Payable	88,913	93,849
Allocations to Agencies	2,948,783	2,438,755
Total Liabilities	$3,397,174	$2,557,991
NET ASSETS
Unrestricted:
Board Appropriated	$746,014	$688,566
Unappropriated	406,915	7,779
Total Unrestricted	$1,152,929	$696,345
Temporarily Restricted	278,118	301,445
Permanently Restricted	15300	300
Total Net Assets	$1,446,347	$998,090
Total Liabilities and Net Assets	$4,843,521	$3,559,081

Montgomery County United Way, Inc.
Statements of Activities
For the Years Ended June 30, 2011 and 2010
	2011	2010
PUBLIC SUPPORT AND REVENUES
Gross Campaign Results Current Year	$4,038,809	$3,315,672
Less: Donor Designations	-88,913	-93,849
Provision for Uncollectible
Net Campaign Revenue Current Year	$3,949,896	$3,221,823
Gross Campaign Results Future Year	90,508	90,508
Less: Donor Designations
Provision for Uncollectible
Net Campaign Revenue Future Year	$117,700	$90,508
Other Contributions
Grants, Contracts and Sponsorships	2,137,032	589,350
Special Events	0	250
Investment Income	4,514	17,769
Rental Income	246,714	261,890
Miscellaneous Income	62,894	75,880
Collections of Contributions Off	179,398
Total Public Support & Revenues	$6,698,148	$4,257,470
EXPENSES
Allocations	$2,966,862	$2,586,838
Less: Donor Designations	-88,913	-93,849
Program Services
Community Impact	2,801,461	1,384,442
Management and General	190,726	171,609
Resource Development	379,755	473,070
Total Support Services	570,481	644,679
Total Functional Expenses	$3,371,942	$2,029,121
Total Expenses	$6,249,891	$4,522,110
Increase in Net Assets	448,257	-264,640
Net Assets Beginning of Year	998,090	1,262,730
NET ASSETS END OF YEAR	$1,446,347	$998,090