PMIEF Annual Report 2015 - Page 19

Financial Statements Statement of Financial Position 2015 ASSETS 184,901 Cash and Cash Equivalents 2014 Liabilities Net Assets: Accounts Receivable- Project Management Institute (629,322) 912,747 892,947 (422,916) Unrestricted Promises to Give Temporarily Restricted Prepaid Expenses 2014 522,916 473,425 Investments 2015 LIABILITIES AND NET ASSETS Permanently Restricted 2,586,307 532,437 2,022,008 Website Development & Software Costs 2,364,314 37,293 14,158 328,196 1,852,735 66,740 43,827 11,250 257,753 TOTAL US $3,150,855 US $2,875,003 TOTAL US $3,150,855 US $2,875,003 Statement of Financial Activities TOTAL REVENUE: US $5,265,423 CHANGE IN NET ASSETS NET ASSETSĀ­- Beginning of Year NET ASSETS - End of Year TOTAL EXPENSES: US $4,599,740 US $665,683 US $1,962,256 US $2,627,939 Programs Fundraising Management & General TOTAL REVENUE: US $4,342,364 CHANGE IN NET ASSETS NET ASSETSĀ­- Beginning of Year NET ASSETS - End of Year TOTAL EXPENSES: US $4,494,349 US $(151,985) US $2,114,241 US $1,962,256 Programs 2015 Expenses Fundraising Management & General 2014 Expenses 18