2009 Financial Statements

American Jewish World Service, Inc.
Statement of Financial Position as of December 31, 2009

(with comparative financial information as of December 31, 2008)


Expenditures
Assets 2009 2008
Total Assets $26,883,470 $21,533,272
Cash and Cash Equivalents 11,426,086 4,639,555
Contributions Receivable 4,288,908 5,248,240
Investments 8,500,000 8,782,459
Prepaid Expenses and Other Assets 426,192 319,712
Notes Receivable 50,000 50,000
Property and Equipment, Net 2,192,284 2,493,306
Liabilities and Net Assets
Total Liabilities $8,930,379 $8,027,664
Liabilities:
Accounts Payable and Accrued Expenses 792,056 532,287
Grants Payable 7,466,185 6,977,125
Deferred Rent 266,957 228,456
Unearned Revenue 168,101 51,854
Charitable Gift Annuity Obligation 237,080 237,942
Total Unrestricted Net Assets $10,665,761 $4,595,623
Total Restricted Net Assets $7,287,330 $8,909,985
Total Net Assets $17,953,091 $13,505,608

Total Liabilities and Net Assets $26,883,470 $21,533,272
Net Assets:
Unrestricted Net Assets
   Undesignated 4,053,415 1,154,608
   Unrestricted Designated for Donor Advised Funds 1,171,200
   Unrestricted Designated for Long-Term Investment 2,000,131
   Board-Designated for Reserve Funds 3,441,015 3,441,015
Revenue Unrestricted Restricted Total
2009
Total
2008
Total Contributions and Revenue $44,638,764 $(1,622,655) $43,016,109 $28,861,312
Contributions and Revenue:
Individuals 10,893,745 15,486,136 26,379,881 25,305,001
Donor Advised Fund* 12,000,000 12,000,000
Bequests 164,907 178,789 343,696 34,296
Foundations and Corporations 551,750 2,452,808 3,004,558 4,798,441
Special Event Revenue, Net 86,362 3,070 89,432 92,328
Donated Services 227,368 551,561 778,929 1,630,780
Investment Income, Net 108,751 2,089 110,840 (3,392,516)
Study Tours and Miscellaneous Revenue 278,037 30,736 308,773 392,982
Net Assets Released from Restrictions 20,327,844 (20,327,844)
Expenditures
Total Program Expenditures $33,151,420 $33,151,420 $25,523,418
Program Expenditures:
Grants 24,833,907 24,833,907 15,562,007
Service 3,467,055 3,467,055 4,762,166
Education and Community Engagement 3,801,559 3,801,559 3,754,845
Advocacy 1,048,899 1,048,899 1,444,400
Total Support Service Expenditures $33,151,420 $33,151,420 $25,523,418
Supporting Services:
Finance and Administration 2,891,765 2,891,765 2,663,666
Development 2,525,441 2,525,441 3,126,544

Total Expenditures $38,568,626 $38,568,626 $31,313,628

Change in Net Assets $6,070,138 $(1,622,655) $4,447,483 $(2,452,316)
Beginning Net Assets 4,595,623 8,909,985 13,505,608 15,957,924

*Donor Advised fund established in 2009