Statement of Financial Position
as of December 31, 2012
Cash
$
218,000
Conservation Property
$ 1,401,000
Other
$
28,000
$ 1,647,000
Total Assets
Less:
Bank Loan
$
163,000
Other Liabilities
$
11,000
$ 1,473,000
Net Assets
Net Assets:
Unrestricted
$ 1,452,000
Temporarily Restricted
$
21,000
$ 1,473,000
External Auditors Commend the Kiawah Conservancy’s Financial Reporting and Stewardship Efforts
“As auditors, we are required to not only investigate the accuracy of the financial reporting of an organization, but also
its ability to be good stewards of donor funds. In the years we have worked with the Kiawah Conservancy, the organization has
demonstrated that these qualities are of highest importance both through the results of procedures and the commitment it has to
donor stewardship.” Erik Glaser, GlaserDuncan, Certified Public Accountants.
Did you know...
...the Kiawah Conservancy has the capability to be a holder of land and conservation easements, and as such, acts as a land trust?
Since its inception in 1997, the Kiawah Conservancy has preserved 22 properties that total 329 acres of pristine barrier island habitat.
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