CFNRV

2015 FINANCIAL INFORMATION

FINANCIAL POSITION STATEMENT

STATEMENT OF ACTIVITIES

ASSETS CURRENT ASSETS Cash & Cash Equivalents Other Current Assets

REVENUES Contributions

708,241 1,680 24,318 -3,863 14,670 745,045

21,804 1,664 23,468

Fundraising Events

Grant Income

Life Ins Surrender Value Chg

Total Current Assets

Investment Return

ENDOWMENT INVESTMENTS Cash & Cash Equivalents

Total Revenues

1,065,437 7,166,827 8,232,264

EXPENSES PROGRAM EXPENSES Special Grants Grants & Scholarships

Marketable Securities

Total Endowment Assets

2,006

OTHER ASSETS Life Insurance Surrender Value

409,870 411,877 283,053 700,801 44,244 5,872

38,293 71,000 109,293

Total Liabilities

Real Estate

Administrative Expenses Real Estate Expense

Total Other Assets

TOTAL ASSETS

8,365,025

Total Expenses

LIABILITIES CURRENT LIABILITIES Accounts Payable

CHANGE IN NET ASSETS

2,749

Net Assets - Beginning of Year

8,311,834

Accrued Payroll

0

Payroll Tax Liabilities Payable

6,198 8,947

Net Assets - End of Year

8,356,078

Total Liabilities

NET ASSETS Unrestricted Net Assets: Operating

85,521

The financial information above has not been audited. Copies of the 2015 audited financial statements and IRS Form 990 prepared by Brown Edwards & Company L.L.P. are available upon request.

Temporarily Restricted Permanently Restricted

1,145,936 7,124,621

Total Net Assets 8,356,078 TOTAL LIABILITIES & NET ASSETS 8,365,025

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THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY