Statements of Financial Position as of December 31 , 2022
Kiawah Conservancy Statements of Financial Position Annual Report
2022 2021
Cash Conservation Property Other
Total Assets
$ 1,437,507 $ 1,917,535 $ 183,411 $ 3,538,453
$ 1,379,149 $ 1,864,535 $ 73,175 $ 3,316,859
Less : Other Liabilities
Net Assets
$ 3,918 $ 3,534,535
$ 21,207 $ 3,259,652
Net Assets : Without Donor Restriction With Donor Restriction
$ 3,193,084 $ 341,451 $ 3,534,535
$ 3,084,428 $ 211,224 $ 3,295,652
External Auditors Commend the Kiawah Conservancy ’ s Financial Reporting and Stewardship Efforts “ As an auditor of many nonprofits , we seek to recognize how an organization has performed currently , but also how it is positioned for the future . We are pleased to recognize the Conservancy has been a good steward of its activities in the current year , but is also positioned to serve Kiawah Island for years to come .” Glaser and Company , LLC — auditors of the Kiawah Conservancy
12 Photo by Adam Wolf