STATEMENT OF ACTIVITIES - Year Ended December 31, 2022
Without Donor Restrictions
With Donor Restrictions
Total
REVENUES AND OTHER SUPPORT Membership dues
1,183,913 170,413 198,845
1,183,913 170,413
Online course income
Services
4,411,539 4,610,384 208,957 215,384
Other income
6,427 3,599
Interest
336
3,935
1,563,197
4,620,832 6,184,029
Net assets released from restriction Total revenues and other support
4,641,868 (4,641,868)
6,205,065
(21,036)
6,184,029
EXPENSES Program services
Moodle administration Professional development Program administration
272,747 16,209 210,641 69,941
272,747 16,209 210,641 69,941
Partnerships
Program capacity Strategic messaging Tools and services Grant administration
1,869,619 332,343 399,473 2,268,507 1,727,432 7,166,912
1,869,619 332,343 399,473 2,268,507 1,727,432 7,166,912
Management and general
Total expenses
CHANGE IN NET ASSETS
(961,847)
(21,036)
(982,883)
1,818,353
21,814
1,840,167
NET ASSETS, beginning of year
NET ASSETS, end of year
856,506
778 857,284
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2023 ANNUAL REPORT | EXTENSION FOUNDATION
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