Financials
2010 Ronald McDonald House Financials
Statement of Financial Position — December 31, 2010
| ASSETS | 2010 | ||
| Cash and cash equivalents | $1,107,426 | ||
| Prepaid expenses and other assets | $86,900 | ||
| Pledges receivable | $82,226 | ||
| Investment in mutual fund | $1,853,701 | ||
| Total Current Assets | $3,130,253 | ||
| Property, net | $8,325,694 | ||
| Total Assets | $11,455,947 | ||
| LIABILITIES AND NET ASSETS | |||||
| Liabilities | |||||
| Accounts payable and accrued expenses | $261,321 | ||||
| Deferred special event revenue | $99,190 | ||||
| Total Liabilities | $360,511 | ||||
| Net assets | |||||
| Unrestricted | $10,898,768 | ||||
| Temporarily restricted | $196,668 | ||||
| Total Net Assets | $11,095,436 | ||||
| TOTAL LIABILITIES AND NET ASSETS | $11,455,947 | ||||
Statement of Activities for the year ended December 31, 2010
| 2010 | |||||
| OPERATING REVENUE | |||||
| Public Support | $3,557,302 | ||||
| House Occupancy Fees | $476,620 | ||||
| Total Revenue | $4,033,922 | ||||
| OPERATING EXPENSES | |||||
| Program Operations | $2,708,689 | ||||
| Management and General | $375,406 | ||||
| Fundraising | $510,947 | ||||
| Total Expenses | $3,595,042 | ||||
| CHANGES IN NET ASSETS | $438,880 | ||||
| Net assets, beginning of year | $10,656,556 | ||||
| Net assets, end of year | $11,095,436 | ||||
