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Financials

Amarillo Area Foundation, Inc.

 
Assets20212020 (restated)
Unrestricted cash and cash equivalents $10,294,834 $5,859,383
Restricted cash and cash equivalents $138,709 $162,910
Investments, at fair value $288,242,063 $266,723,677
Trades in process $9,809,590 $1,307,024
Receivables:
       Grants receivable $115,000 $216,854
       Accrued interest receivable $71,226 $71,427
       Other receivables $1,685 –
Notes receivable$3,397,332 $3,387,588
Gift shop inventories$18,075 $15,384
Collections$136,903 $253,552
Property and equipment, net$7,998,438 $8,902,824
Property and equipment held for sale$146,618 $512,101
 TOTAL ASSETS   $328,609,946 $295,652,197

 

 

Liabilities and Net Assets
Liabilities20212020 (restated)
Accounts payable and other liabilities$731,585$1,097,418
Grants and services payable $24,072 $886,628
Deferred revenue $2,100 $2,900
Paycheck protection program loan $36,900
Funds held for agencies$14,872,206$12,292,347
 TOTAL LIABILITIES $15,629,963 $14,316,193
Net Assets20212020 (restated)
Without donor restrictions
      Undesignated$37,483,923$31,229,719
      Board restricted:
            Endowment$261,531,577$236,254,576
            Invested in property and equipment$8,627,216$8,688,799
With donor restrictions:
Perpetual in nature $5,000,000 $5,000,000
Purpose restrictions $337,267 $162,910
      Total Net assets $312,979,983 $281,336,004
TOTAL LIABILITIES AND NET ASSETS  $328,609,946$295,652,197