Income Statement
Actual 12 mos end 6/30/23
REVENUE
| Annual Campaign |
$770,929 |
| County Grant |
0 |
| Donor Directed |
$21,154 |
| Adult Education |
$26,212 |
| Miscellaneous |
$282 |
| Security Grant and Livesecure |
$170,411 |
| PJ Library |
$8,050 |
| NET PROJECTED REVENUE |
$997,038 |
EXPENSES
| Programs & events |
|
| Grant - Local Agencies |
$195,000 |
| Grant - JFNA Fair Share |
$26,888 |
| Grant - Other |
$33,625 |
| Donor Directed |
$21,154 |
| Adult education |
$31,461 |
| Miscellaneous programs/events |
$46,918 |
| Security Grant and Livesecure |
$123,988 |
| PJ Library |
$16,067 |
| Program marketing |
$35,600 |
| Total Program & Event Expenses |
$530,701 |
| General & Administrative |
|
| Salaries & taxes (including programming) |
$245,504 |
| Rent & utilities |
$54,680 |
| Professional fees |
$13,850 |
| Office expenses |
$22,884 |
| Campaign marketing |
$19,730 |
| Conferences & travel |
$15,458 |
| Insurance |
$9,030 |
| Contingency |
0 |
| Total General & Administrative Expenses |
$381,136 |
| TOTAL EXPENSES |
$911,837 |
| NET SURPLUS/(DEFICIT) FROM OPERATIONS |
$85,201 |
| Endowment income |
$168,094 |
| Endowment disbursements |
($9,767) |
| NET ENDOWMENT |
$158,327 |
| NET SURPLUS/(DEFICIT) |
$243,528 |
Comparative Cash Basis Balance Sheet
12 months ended June 30, 2023
ASSETS
| Cash-Operating |
$286,916 |
| Investments-Endowment Funds |
$1,344,900 |
| Due from JCC |
$100,000 |
| Other Current Assets |
0 |
| TOTAL ASSETS |
$1,731,816 |
LIABILITIES & NET ASSETS
| Current Liabilities |
$4,179 |
| Net Assets |
$1,727,637 |
| TOTAL LIABILITIES & NET ASSETS |
$1,731,816 |
Financials and Charts based on unaudited 2023 financial statements.
Accounting is done on a cash basis, so snapshot positions as of June 30 do not include budget expenditures paid beyond year-end. With continuing attention to expense management and service delivery, including a much lower ratio in our security expenses for 2023 we are constantly working towards a reduced administrative expense ratio.
