CENTRAL ASIA INSTITUTE Central Asia Institute
Statements of Financial Position Statements of Financial Position
October 1, 2017 - September 30, 2018 September 30, 2018 and 2017
2018
Assets
Current Assets
Cash and cash equivalents
Investments
Prepaid expenses and deposits
Promises to give receivable
Interest receivable
Total current assets
Non‐Current Assets
Land held for sale
Investments, net of current
Property and equipment, net
2017
$ 1,371,224
9,094,002
38,707
188,903
1,913 $ 729,700
11,749,087
58,178
200,000
1,913
10,694,749 12,738,878
55,000
1,073,453
594,405 99,000
1,004,267
615,174
Total non‐current assets 1,722,858 1,718,441
Total assets $ 12,417,607 $ 14,457,319
Total current liabilities
Non‐Current Liabilities
Accrued liabilities
Long‐term debt, net of current portion
Total liabilities
$ 17,924
143,315
3,246,021
34,752 $ 67,921
160,538
3,650,114
33,318
3,442,012 3,911,891
26,000
161,615 122,000
196,367
3,629,627 4,230,258
Statements of Financial Activities Statements of Activities
Years Ended September 30, 2018 and 2017
October 1, 2017 - September
30, 2018
‐
445,000
7,137,018 3,000,000
540,000
5,357,039
7,582,018 8,897,039
Temporarily restricted 1,205,962 1,330,022
Total net assets 8,787,980 10,227,061
Total liabilities and net assets $ 12,417,607 $ 14,457,319
Total unrestricted net assets
Unrestricted 2017
Temporarily
Restricted Total
$ 2,095,937
17,509
692,763
497,769 $ 3,828,728
‐
‐
‐ $ 5,924,665
17,509
692,763
497,769
3,303,978 3,828,728
Net assets released from restrictions
Total revenues and support
Expenses
Program services
Global outreach program
Overseas education and projects
Total program services
Support services
General and administration
Fundraising
Total expenses
2,498,706
5,802,684 1,330,022 7,132,706
873,467
3,412,039 ‐
‐ 873,467
3,412,039
4,285,506 ‐ 4,285,506
706,278
718,659 ‐
‐ 706,278
718,659
5,710,443
‐
5,710,443
1,330,022
1,422,263
Net Assets, Beginning of Year 8,804,798
‐
8,804,798
Statements of Activities
Years Ended September 30, 2018 and 2017
$ 8,897,039
$ 1,330,022
$ 10,227,061
Revenues and Support
Contributions and related event revenue
Sales of merchandise
Investment income, net
Other income
Revenue and support before net assets
released from restrictions
Expenses
See Notes to Financial Statements
Program services
Global outreach program
Overseas education and projects
Total program services
Support services
General and administration
Fundraising
Total expenses
Change in Net Assets
Net Assets, Beginning of Year
Net Assets, End of Year
Central Asia Institute
Unrestricted 2018
Temporarily
Restricted Total
$ 1,795,076
13,389
636,754
184,776 $ 496,367
‐
‐
‐ $ 2,291,443
13,389
636,754
184,776
2,629,995 496,367
Net assets released from restrictions
3
7,132,706
‐
92,241
Net Assets, End of Year
(2,498,706)
Change in Net Assets
Total revenues and support
Net Assets
Unrestricted
Board‐designated for Talim fund
Board‐designated for Pioneer fund
Unrestricted
See Notes to Financial Statements
CENTRAL ASIA INSTITUTE
Central Asia Institute
Revenues and Support
Contributions and related event revenue
Sales of merchandise
Investment income, net
Other income
Revenue and support before net assets
released from restrictions
Liabilities and Net Assets
Current Liabilities
Accounts payable
Accrued liabilities
Grants payable
Current portion of long‐term debt
3,126,362
620,427 (620,427) ‐
3,250,422 (124,060) 3,126,362
512,273
2,662,474 ‐
‐ 512,273
2,662,474
3,174,747 ‐ 3,174,747
798,548
592,148 ‐
‐ 798,548
592,148
5
4,565,443 ‐ 4,565,443
(1,315,021) (124,060) (1,439,081)
8,897,039 1,330,022 10,227,061
$ 7,582,018 $ 1,205,962 $ 8,787,980