Financial Information
Community
Support
from individuals, foundations, corporations and public funding sources
enables Rural Action to offer quality programs to Appalachian Ohio
and beyond. We wish to extend our sincere thanks to all of our funders,
contributors and members.
Revenues
Grant Income 74%
Contract Income 10%
Earned Income 5%
Donations & Member Dues 11%
Total $1,092,740 (100%)
Expenditures
Projects 90%
Administration 7%
Overhead 3%
Total $1,086,950 (100%)
Assets
Current Assets $184,092
Endowment Investments $132,275
Fixed Assets $171,045
Total $487,412
Liabilities and Net Assets
Current Liabilities $60,250
Long-term Liabilities $44,191
Net
Assets:
Unrestricted $103,196
Temporarily Restricted $147,500
Permanently Restricted $132,275
Total
$487,412
Endowment
In December 2004, we established the Rural Action Endowment Fund with
$132,275 earmarked to
pay for administrative and program costs associated with Rural Action
programming. The Rural Action Board of Directors’ Endowment
Committee will manage the fund, with the direct oversight of the Board.
No funds will be considered for disbursement until January 2006.
<<<Previous | Next
>>>s
INFORMATIO