United Way of Central Iowa's Core Values include Integrity, and that means we want to be transparent to ensure the community can easily review our policies and finances. The following information is updated quarterly.
** For audited financial reporting purposes, donor-directed contributions are not included in expenses but are charged against contributions.
*** In audited financial reports, the increase in the Board-designated endowment funds distributed for spending is combined with the Endowment Increase/(Decrease) after distribution. The total change in the endowment is presented in revenue in the Statement of Activities.
|Statement of Financial Position||Fiscal Year Ending
June 30, 2016*
|Fiscal Year Ending
June 30, 2015*
|Cash & Investments||$12,300,124||$11,644,506|
|Land, Building and Equipment||2,726,656||2,651,632|
|Payables to Agencies||$1,496,721||$1,484,881|
|Unrestricted - designated by governing board**|
Land, Building and Equipment
|Unrestricted after designations**||10,835,019||10,877,620|
|Total Net Assets||$33,322,892||$32,295,381|
|Total Liabilities and Net Assets||$36,596,559||$35,225,752|
** To provide financial stability for the organization, the governing board established a guideline range for unrestricted net assets after designation. The range is based on three to six months of budgeted program and operating expenses for the next fiscal year. For 2015, the range was approximately $5,868,000 to $11,736,000. For 2016, the range was approximately $5,936,000 to $11,872,000.