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Statement of Activities and Changes in Net Assets 2007


Year Ended September 30,

  Unrestricted Temporarily Restricted Permanently Restricted
  General Fund Endowment Fund Total General Fund Endowment Fund Total Endowment Fund Total

SUPPORT, REVENUES, AND GAINS
Products distributed and sold $ 18,553,865 $  $ 18,553,865 $  $  $  $  $ 18,553,865
Contributions and bequests 926,874 1,409,990 2,336,864   10,210 10,210   2,347,074
Interest and dividends 602,173 1,301,227 1,903,400         1,903,400
Grants 735,578   735,578         735,578
Gain on investments 68,693 7,470,022 7,538,715       207,897 7,746,612
Miscellaneous income 1,219,489 997 1,220,486         1,220,486
Net assets released from restrictions 11,973 234,464 246,437 (11,973) (234,464) (246,437)    
Total Support, Revenues, and Gains 22,118,645 10,416,700 32,535,345 (11,973) (224,254) (236,227) 207,897 32,507,015
 

EXPENSES AND LOSSES
Costs of products distributed and sold 14,061,305   14,061,305         14,061,305
General and administrative 4,228,090 289,761 4,517,851         4,517,851
Program support 553,571 2,493,656 3,047,227         3,047,227
Fundraising and development 844,291   844,291         844,291
Miscellaneous expense 153,630   153,630         153,630
Investment fees   256,063 256,063         256,063
Total Expenses and Losses 19,840,887 3,039,480 22,880,367 0 0 0 0 22,880,367
Change in net assets before effect of adoption of FASB Statement no. 158 2,277,758 7,377,220 9,654,978 (11,973) (224,254) (236,227) 207,897 9,626,648
Effect of adoption of recognition and measurement date provisions of FASB Statement No. 158 (2,702,666) 0 (2,702,666) 0 0 0 0 (2,702,666)
 

CHANGE IN NET ASSETS

 (424,908) 7,377,220 6,952,312 (11,973) (224,254) (236,227) 207,897 6,923,982
 

NET ASSETS, BEGINNING OF YEAR

 25,234,011 68,285,881 93,519,892 91,655 283,728 375,383 2,841,414 96,736,689
 

NET ASSETS, END OF YEAR

 $ 24,809,103 $ 75,663,101 $ 100,472,204 $ 79,682 $ 59,474 $ 139,156 $ 3,049,311 $ 103,660,671

Statement of Activities and Changes in Net Assets 2006


Year Ended September 30,

  Unrestricted Temporarily Restricted Permanently Restricted
  General Fund Endowment Fund Total General Fund Endowment Fund Total Endowment Fund Total

SUPPORT, REVENUES, AND GAINS
Products distributed and sold $ 21,803,031 $  $ 21,803,031 $  $  $  $  $ 21,803,031
Contributions and bequests 1,069,661 1,952,751 3,022,412   25,843 25,843   3,048,255
Interest and dividends 501,853 1,157,074 1,658,927         1,658,927
Grants 182,188   182,188         182,188
Gain on investments 62,769 3,641,165 3,703,934       77,193 3,781,127
Miscellaneous income 2,243,088 2,508 2,245,596         2,245,596
Net assets released from restrictions 7,107   7,107 (7,107)   (7,107)    
Total Support, Revenues, and Gains 25,869,697 6,753,498 32,623,195 (7,107) 25,843 18,736 77,193 32,719,124
 

EXPENSES AND LOSSES
Costs of products distributed and sold 16,395,623   16,395,623         16,395,623
General and administrative 4,663,722 87 4,663,809         4,663,809
Program support 2,576,990 336,511 2,913,501         2,913,501
Fundraising and development 878,159   878,159         878,159
Miscellaneous expense 215,384   215,384         215,384
Investment fees   251,629 251,629         251,629
Total Expenses and Losses 24,729,878 588,227 25,318,105 0 0 0 0 25,318,105
 

CHANGE IN NET ASSETS

 1,139,819 6,165,271 7,305,090 (7,107) 25,843 18,736 77,193 7,401,019
 

NET ASSETS, BEGINNING OF YEAR

 24,094,192 62,120,610 86,214,802 98,762 257,885 356,647 2,764,221 89,335,670
 

NET ASSETS, END OF YEAR

 $ 25,234,011 $ 68,285,881 $ 93,519,892 $ 91,655 $ 283,728 $ 375,383 $ 2,841,414 $ 96,736,689

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