CFV 2024 Annual Report

AUDITED FINANCIALS

STATEMENT OF ACTIVITIES YEARS ENDED DECEMBER 31, 2024 AND 2023

Revenues, Gains, and Other Support Contributions Rental Income Interest and Dividend Income Net Realized and Unrealized Gains (losses) on investments Net Assets Released From Restrictions and Reclassifications

2024 $708,919 2,720 350,324

2023 $405,163 3,000 339,527

1,424,334

1,476,564

-

-

Total Revenues, Gains, and Other Support

2,486,297

2,224,254

Expenses Management and General Scholarships Grants

80,454 359,971 682,328

94,467 454,536 638,328

Total Expenses

1,122,753

1,187,331 1,036,923

Change in Net Assets

1,363,544

Net Assets Beginning

$14,101,906

$13,064,983

Ending

$15,465,450

$14,101,906

NOTICE Financial statements are available upon written request from:

Commonwealth of Virginia State Office of Consumer Affairs

State of West Virginia Secretary of State Building 1, Suite 157-K 1900 Kanawha Boulevard Charleston, WV 25305

Post Office Box 1163 Richmond, VA 23218

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