American Jewish World Service, Inc.
Statement of Financial Position as of December 31, 2009
(with comparative financial information as of December 31, 2008)
| 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 |
