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UNITED WAY SERVICES, INC. |
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STATEMENT OF FINANCIAL POSITION |
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OCTOBER 31, 2007 & 2008 |
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2008 |
2007 |
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ASSETS |
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Cash |
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$ 131,705 |
$ 249,406 |
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Investments & Interest Rec. |
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408,704 |
248,449 |
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Unconditional Promises to Give: |
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Pledges Receivable |
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2008-2009 Campaign (net of uncoll.) |
713,451 |
961,446 |
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Prior campaigns (net of uncoll.) |
117,503 |
175,743 |
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Grant receivable |
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10,000 |
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Inventory |
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2,400 |
3,675 |
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Prepaid expenses |
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12,091 |
11,148 |
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Total Current Assets |
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$ 1,395,854 |
$ 1,649,867 |
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Land/Building |
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81,108 |
156,724 |
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Office furniture & equipment (less
depreciation) |
30,087 |
17,670 |
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Investing property net of accumulated
depreciation |
298,091 |
221,885 |
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Combined Federal Campaign |
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7,289 |
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Total Assets |
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$ 1,805,140 |
$ 2,053,435 |
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LIABILITIES & FUND BALANCES |
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Current Liabilities: |
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Note payable - current portion |
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$ 6,593 |
$ 4,795 |
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Allocations payable to agencies |
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1,265,460 |
1,229,931 |
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Accrued vacation & sick days |
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44,836 |
44,711 |
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Due to United Way & CFC |
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7,289 |
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Total Current Liabilities |
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$ 1,316,889 |
$ 1,286,726 |
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Note payable - net of current portion |
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241,320 |
265,712 |
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Total Liabilities |
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$ 1,558,209 |
$ 1,552,438 |
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Net Assets: |
Unrestricted - undesignated |
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$ (1,009,900) |
$ (873,717) |
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Designated by executive committee for: |
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Special Projects Fund |
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$ 47,279 |
$ 989 |
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Unemployment compensation fund |
25,000 |
25,000 |
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Reserve Funds |
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41,611 |
32,255 |
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Equipment fund |
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161,372 |
125,773 |
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Disaster fund |
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25,000 |
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Temporarily Restricted |
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944,069 |
1,180,697 |
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Permanently restricted |
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12,500 |
10,000 |
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Total Net Assets |
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$ 246,931 |
$ 500,997 |
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Total Liabilities &
Net Assets |
1,805,140 |
$ 2,053,435 |
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These are not the complete
financial statements and related notes to
the financial statements of United Way
Services, Inc. The complete financial
statements are available for review at the
United Way office. |
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 See
Annual Report Page 1
See
Annual Report Page 2
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United Way
Services, Inc., Dubuque, Iowa respects your privacy. We have
never loaned or sold any of our donor names and addresses
and will not loan, rent, or sell information you supply.
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