Impact Report 2022 | Page 9

CENTRAL ASIA INSTITUTE Statement of Financial Position As of September 30 , 2021 With Summarized Financial Information for 2020
CENTRAL ASIA INSTITUTE Statement of Activities and Change in Net Assets For the Year Ended September 30 , 2021 With Summarized Financial Information for 2020
WITH SUMMARIZED FINANCIAL INFORMATION FOR 2020
ASSETS
CURRENT ASSETS
2021 2020
Cash and cash equivalents
$
998,188
$
2,170,884
Investments
9,139,429
7,045,298
Prepaid expenses and other assets
49,041
54,079
PROPERTY AND EQUIPMENT
Total current assets 10,186,658 9,270,261
Land
147,200
147,200
Buildings and improvements
490,054
490,054
Equipment
43,361
43,361
680,615
680,615
Less : Accumulated depreciation
( 191,062 )
( 168,832 )
CURRENT LIABILITIES
Net property and equipment 489,553 511,783 TOTAL ASSETS $ 10,676,211 $ 9,782,044
LIABILITIES AND NET ASSETS
Accounts payable and accrued liabilities
$
91,886
$
80,471
Grants payable
-
28,510
Refundable advances
53,220
50,000
NET ASSETS
Total liabilities 145,106 158,981
Without donor restrictions
Undesignated
8,731,139
8,020,821
Board designated for Pioneer Fund
445,000
445,000
SUPPORT AND REVENUE
Without Donor Restrictions
2021 2020
With Donor
Restrictions
Total
Total
Contributions
$
1,725,175
$
824,791
$
2,549,966
$
2,251,690
Investment income
1,018,430
-
1,018,430
526,658
In-kind contributions
1,680
-
1,680
8,742
Other revenue
609
-
609
11,899
Net assets released from donor restrictions
627,067
( 627,067 )
-
-
EXPENSES
Total support and
revenue
3,372,961
197,724
3,570,685
2,798,989
Program Services :
Global Outreach Program
234,879
-
234,879
233,342
Overseas Education and Projects
1,696,413
-
1,696,413
2,195,118
Total program
services
1,931,292
-
1,931,292
2,428,460
Supporting Services :
General and Administration
380,152
-
380,152
446,377
Fundraising
351,199
-
351,199
308,349
Total supporting
services
731,351
-
731,351
754,726
Total expenses 2,662,643 - 2,662,643 3,183,186 Change in net assets 710,318 197,724 908,042 ( 384,197 ) Net assets at beginning of year 8,465,821 1,157,242 9,623,063 10,007,260 NET ASSETS AT END OF YEAR $ 9,176,139 $ 1,354,966 $ 10,531,105 $ 9,623,063
Total without donor restrictions
9,176,139
8,465,821
With donor restrictions
1,354,966
1,157,242
Total net assets
10,531,105
9,623,063
TOTAL LIABILITIES AND NET ASSETS
$ 10,676,211
$
9,782,044