Finance
Statement of Financial Position
ASSETS
Cash and Cash Equivalents
Investments at Fair Value
Total Assets
LIABILITIES AND NET ASSETS
Grants Payable and Other Liabilities
Agency Endowments
Total Liabilities
Net Assets
Total Liabilities and Net Assets
REVENUES
Transfer of Assets from the Community
Foundation of Lorain County
Contributions and Other Support
Investment Revenue and Gains/(Losses)
Total Revenue
EXPENSES
Grants
Program and Other Expenses
Total Expenses
INCREASE/(DECREASE) IN NET ASSETS
12/31/2021
52,721
7,485,198
$7,537,919
12/31/2021
462
2,758,617
2,759,079
4,778,840
$7,537,919
12/31/2021
4,478,372
213,856
169,711
$4,861,939
12/31/2021
45,147
37,952
$83,099
$4,778,840
12/31/2022
58,585
6,626,483
$6,685,068
12/31/2022
282
2,050,786
2,051,068
4,634,000
$6,685,068
12/31/2022
-
544,662
(927,201)
$(382,539)
12/31/2022
374,239
95,893
$470,132
$(852,671)
The 2021 information is derived from the financial statements reviewed by Barnes Wendling, CPA's
The 2022 information is derived from the Community Foundation's internal financial reports
Copies of the most recent IRS Form 990 and the Community Foundation's annual review are available upon request.