CENTRAL ASIA INSTITUTE
Statement of Financial Position
As of September 30, 2019
CENTRAL ASIA INSTITUTE
Statement of Activities and Change in Net Assets
For the Year Ended September 30, 2019
CURRENT ASSETS
ASSETS
Cash and cash equivalents $ 3,151,346
Investments 5,845,675
Prepaid expenses and other assets 196,866
PROPERTY AND EQUIPMENT
Total current assets 9,193,887
Land 147,200
Buildings and improvements 490,054
Equipment 43,361
680,615
Less: Accumulated depreciation (145,564)
NONCURRENT ASSETS
Net property and equipment 535,051
Investments, net of current portion 1,078,574
CURRENT LIABILITIES
TOTAL ASSETS $ 10,807,512
LIABILITIES AND NET ASSETS
Note payable, current $ 36,247
Accounts payable and accrued liabilities 234,769
Grants payable 403,868
Total current liabilities 674,884
SUPPORT AND REVENUE
Without
Donor
Restrictions
With Donor
Restrictions
Total
Contributions $ 1,729,447 $ 405,189 $ 2,134,636
Investment loss (197,732) - (197,732)
In-kind contributions 16,711 - 16,711
Other revenue 4,417 - 4,417
Net assets released from donor restrictions 403,289 (403,289) -
EXPENSES
Total support and revenue 1,956,132 1,900 1,958,032
Program Services:
Global Outreach Program 319,165 - 319,165
Overseas Education and Projects 1,557,586 - 1,557,586
Total program services 1,876,751 - 1,876,751
Supporting Services:
General and Administration 752,370 - 752,370
Fundraising 394,527 - 394,527
Total supporting services 1,146,897 - 1,146,897
Total expenses 3,023,648 - 3,023,648
Change in net assets (1,067,516) 1,900 (1,065,616)
Net assets at beginning of year, as restated 9,866,914 1,205,962 11,072,876
NET ASSETS AT END OF YEAR $ 8,799,398 $ 1,207,862 $ 10,007,260
NONCURRENT LIABILITIES
Note payable, net of current portion 125,368
NET ASSETS
Total liabilities 800,252
Without donor restrictions
Undesignated 8,354,398
Board designated for Pioneer Fund 445,000
Total without donor restrictions 8,799,398
With donor restrictions 1,207,862
Total net assets 10,007,260
TOTAL LIABILITIES AND NET ASSETS $ 10,807,512