Citizens for Educational Excellence, Inc.
Statement of Financial Position, December 31, 2016
Assets
Current Assets
Cash in Bank
Total Current Assets
Fixed Assets
Equipment
Less Accumulated Depreciation
Net
Total Assets
Liabilities and Net Assets
Current Liabilities
Payroll Taxes Payable
Total Current Liabilities
Net Assets
Unrestricted
Total Net Assets
Total Liabilities and Net Assets
$283,120.55
$283,120.55
$100,596.91
(51,381.31)
$49,215.60
$332,336.15
$325.90
$325.90
$332,010.25
$332,010.25
$332,336.15
Statement of Activities and Changes in Net Assets for Year Ended December 31, 2016
Support and Other Revenue
Public Support
Gifts Received
$27,194.01
Events
29,300.00
Grants
115,213.33
Total Public Support
$171,707.34
Program Revenue
Total Revenue
6,620.00
$178,327.34
Functional Expenses per Statement
Change in Net Assets
Net Assets, Beginning of Year 206,804.58
$(28,477.24)
360,487.49
Net Assets, End of Year $332,010.25