Amarillo Area Foundation, Inc.
Assets | 2022 | 2021 (restated) |
---|---|---|
Unrestricted cash and cash equivalents | $6,278,707 | $10,294,834 |
Restricted cash and cash equivalents | $254,268 | $138,709 |
Investments, at fair value | $248,809,298 | $288,242,063 |
Trades in process | $9,401,095 | $9,809,590 |
Receivables: | ||
Grants receivable | $44,500 | $115,000 |
Accrued interest receivable | $4,577 | $71,226 |
Other receivables | $109,577 | $1,685 |
Notes receivable | $3,471,522 | $3,397,332 |
Gift shop inventories | $25,440 | $18,075 |
Collections | $137,105 | $136,903 |
Property and equipment, net | $12,622,340 | $7,998,438 |
Property and equipment held for sale | $2,752 | $146,618 |
TOTAL ASSETS | $289,400,654 | $328,609,946 |
Liabilities | 2022 | 2021 (restated) |
---|---|---|
Accounts payable and other liabilities | $1,623,511 | $731,585 |
Grants and services payable | $685,801 | $24,072 |
Deferred revenue | $2,300 | $2,100 |
Paycheck protection program loan | – | – |
Funds held for agencies | $12,760,233 | $14,872,206 |
TOTAL LIABILITIES | $15,071,845 | $15,629,963 |
Net Assets | 2022 | 2021 (restated) |
Without donor restrictions | ||
Undesignated | $36,832,464 | $37,483,923 |
Board restricted: | ||
Endowment | $223,698,395 | $261,531,577 |
Invested in property and equipment | $8,543,682 | $8,627,216 |
With donor restrictions: | ||
Perpetual in nature | $5,000,000 | $5,000,000 |
Purpose restrictions | $254,268 | $337,267 |
Total Net assets | $312,979,983 | $312,979,983 |
TOTAL LIABILITIES AND NET ASSETS | $289,400,654 | $328,609,946 |