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Amarillo Area Foundation, Inc.

Assets20222021 (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
       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
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 and Net Assets
Liabilities20222021 (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 Assets20222021 (restated)
Without donor restrictions
      Board restricted:
            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