Restoring abilities, independence and lives - Allina Health
Restoring abilities, independence and lives - Allina Health
Restoring abilities, independence and lives - Allina Health
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2010 Financial Statements<br />
Statement of Activities<br />
For the year ended December 31, 2010<br />
2010 2009<br />
Revenues, Gains Contributions $ 344,163 $ 479,137<br />
<strong>and</strong> Support Contributions from <strong>Allina</strong> <strong>Health</strong> System 15,000 0<br />
Investment return, net 589,054 1,005,730<br />
Total revenues, gains <strong>and</strong> support 948,217 1,484,867<br />
Expenses Expenses Administrative (231,468) (198,895)<br />
<strong>and</strong> Grants Fundraising (122,082) (129,279)<br />
Support from <strong>Allina</strong> <strong>Health</strong> System 353,550 328,174<br />
Net Administrative <strong>and</strong> Fundraising 0 0<br />
Grants to SKRI <strong>and</strong> Affiliates 443,543 634,909<br />
Change in net assets 504,683 849,958<br />
Net assets at beginning of year 7,517,804 6,667,846<br />
Net assets at end of year $ 8,022,487 $7,517,804<br />
Statement of Financial Position<br />
As of December 31, 2010<br />
2010 2009<br />
Assets Investments $ 7,917,087 $7,070,789<br />
Pledges receivable, net 17,798 38,967<br />
Due from <strong>Allina</strong> <strong>Health</strong> System 87,602 408,048<br />
Total assets 8,022,487 7,517,804<br />
Li<strong>abilities</strong> <strong>and</strong> Li<strong>abilities</strong> Due to <strong>Allina</strong> <strong>Health</strong> System 0 0<br />
Net Assets Total li<strong>abilities</strong> 0 0<br />
Net assets Unrestricted 6,109,540 5,727,263<br />
Temporarily restricted 1,397,294 1,294,405<br />
Permanently restricted 515,653 496,136<br />
Total net assets 8,022,487 7,517,804<br />
Total li<strong>abilities</strong> <strong>and</strong> net assets $ 8,022,487 $7,517,804<br />
Auditd financial statements are available for examination upon request. The Foundation is exempt from income<br />
taxes under Section 501(c)(3) of the Internal Revnue Code.<br />
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