2021 Kiawah Conservancy Annual Report | Page 14

Statements of Financial Position as of December 31 , 2021

Kiawah Conservancy Statements of Financial Position Annual Report
2021 2020
Cash Conservation Property Other
Total Assets
$ 1,379,149 $ 1,864,535 $ 73,175 $ 3,316,859
$ 962,104 $ 1,758,135 $ 59,436 $ 2,779,675
Less : Other Liabilities
Net Assets
$ 21,207 $ 3,259,652
$ 388 $ 2,779,287
Net Assets : Without Donor Restriction With Donor Restriction
$ 3,084,428 $ 211,224 $ 3,295,652
$ 2,684,963 $ 94,324 $ 2,779,287
External Auditors Commend the Kiawah Conservancy ’ s Financial Reporting and Stewardship Efforts “ The success of a nonprofit is measured in a multitude of ways — mission expression , donor stewardship , and financial stability — to name a few . The Kiawah Conservancy has consistently shown the importance of all of these attributes to establish stability and long-term support of Kiawah Island ’ s natural habitats .” Glaser and Company , LLC — auditors of the Kiawah Conservancy .
12 Photo by Jack Kotz