Statements of Financial Position as of December 31 , 2017
|
2017 |
2016 |
Cash |
$ 1,240,095 |
$ 302,958 |
Conservation Property |
1,617,935 |
1,544,132 |
Other |
297,487 |
177,491 |
Total Assets |
3,155,517 |
2,024,581 |
Less : Bank loan |
- |
42,750 |
Other liabilities |
1,754 |
1,816 |
Net Assets |
3,153,763 |
1,980,015 |
Net Assets : Unrestricted |
2,247,303 |
1,980,015 |
Temporarily restricted |
906,460 |
- |
|
$ 3,153,763 |
$ 1,980,015 |
External Auditors Commend the Kiawah Conservancy ’ s Financial Reporting and Stewardship Efforts
“ The success of a nonprofit organization is most often measured in its ability to execute and achieve its mission . The foundation to this success is good financial stability and stewardship . The Kiawah Conservancy continues to achieve this all-important balance .” Glaser and Company , LLC — auditors of the Kiawah Conservancy .
Photo by Kathy Keane
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