Financials - Fiscal Year 2023

Statement of Financial Position as of June 30, 2023

Income Statement

Actual 12 mos end 6/30/23


REVENUE

Annual Campaign $770,929
County Grant 0
Donor Directed $21,154
Adult Education $26,212
Miscellaneous $282
Security Grant and Livesecure $170,411
PJ Library $8,050
NET PROJECTED REVENUE $997,038


EXPENSES

Programs & events  
Grant - Local Agencies $195,000
Grant - JFNA Fair Share $26,888
Grant - Other $33,625
Donor Directed $21,154
Adult education $31,461
Miscellaneous programs/events $46,918
Security Grant and Livesecure $123,988
PJ Library $16,067
Program marketing $35,600
Total Program & Event Expenses $530,701
General & Administrative  
Salaries & taxes (including programming) $245,504
Rent & utilities $54,680
Professional fees $13,850
Office expenses $22,884
Campaign marketing $19,730
Conferences & travel $15,458
Insurance $9,030
Contingency 0
Total General & Administrative Expenses $381,136
TOTAL EXPENSES $911,837
 
NET SURPLUS/(DEFICIT) FROM OPERATIONS $85,201
Endowment income $168,094
Endowment disbursements ($9,767)
NET ENDOWMENT $158,327
NET SURPLUS/(DEFICIT) $243,528


Comparative Cash Basis Balance Sheet

12 months ended June 30, 2023


ASSETS

Cash-Operating $286,916
Investments-Endowment Funds $1,344,900
Due from JCC $100,000
Other Current Assets 0
TOTAL ASSETS $1,731,816


LIABILITIES & NET ASSETS

Current Liabilities $4,179
Net Assets $1,727,637
TOTAL LIABILITIES & NET ASSETS $1,731,816


Financials and Charts based on unaudited 2023 financial statements.


Accounting is done on a cash basis, so snapshot positions as of June 30 do not include budget expenditures paid beyond year-end. With continuing attention to expense management and service delivery, including a much lower ratio in our security expenses for 2023 we are constantly working towards a reduced administrative expense ratio.