Financials

American Council for Voluntary International Action

Statement of financial position as of December 31, 2009 and 2008

ASSETS
CURRENT ASSETS FY 2009 FY 2008
Cash and cash equivalents $1,352,272 $1,157,192
Investments 802,007 1,288,243
U.S. Government grants receivable - 74,041
Foundation grants receivable 2,588,618 2,475,296
Other receivables 71,861 81,654
Prepaid expenses 160,237 126,643

Total current assets 4,974,995 5,203,069

FURNITURE AND EQUIPMENT

Furniture and equipment, net of accumulated
depreciation and amortization of $252,106 and $184,727
for 2009 and 2008, respectively 115,147 182,526

OTHER ASSETS
Foundation grants receivable, noncurrent portion - 2,507,136
Security deposits 74,014 73,138

Total other assets 74,014 2,580,274

TOTAL ASSETS $5,164,156 $7,965,869

LIABILITIES AND NET ASSETS

CURRENT LIABILITIES FY 2009 FY 2008
Accounts payable $7,879 $41,169
Accrued employee benefits 344,847 449,433
Deferred membership dues 2,000 40,000
Refundable advance 5,192 -

Total current liabilities 444,862 568,244

NET ASSETS
Unrestricted 1,269,951 1,188,831
Temporarily restricted 3,449,343 6,208,794

Total net assets 4,719,294 7,397,625

TOTAL LIABILITIES AND NET ASSETS $5,164,156 $7,965,869

Financials
American Council for Voluntary International Action
Statement of activities and changes in net assets for the years ended in December 31, 2009 and 2008

FY 2009 FY 2008
Temporarily Temporarily
REVENUE Unrestricted
Restricted
Total Unrestricted
Restricted
Total

Grants from U.S. Government $1,880,598 - $1,880,598 $1,362,072 - $1,362,072

Foundations - 733,156 733,156 - 8,582,037 8,582,037
Member contributions 42,161 - 42,161 247,580 - 247,580
Membership dues 2,170,689 - 2,170,689 2,125,056 - 2,125,056
Publications 103,430 - 103,430 153,721 - 153,721
Forum, meetings and workshops 273,638 - 273,638 291,122 - 291,122
Interest 26,935 - 26,935 65,827 - 65,827
Other income 131,705 - 131,705 11,074 - 11,074
Net assets released from donor 3,492,607 (3,492,607) - 2,761,238 (2,761,238) -
restrictions
Total revenue 8,121,763 (2,759,451) 5,362,312 7,017,690 5,820,799 12,838,489

FY 2009 FY 2008
Temporarily Temporarily
EXPENSES Unrestricted
Restricted
Total Unrestricted
Restricted
Total

Program services:
Member services 1,771,598 - 1,771,598 1,990,164 - 1,990,164
Federal and non-federal awards 5,308,972 - 5,308,972 4,044,833 - 4,044,833
Legislative activities 85,370 - 85,370 201,784 - 201,784
Total program services 7,165,940 - 7,165,940 6,236,781 - 6,236,781
Supporting services:
General and administrative 984,153 - 984,153 976,832 - 976,832
Fundraising 51,948 - 51,948 42,971 - 42,971
Total supporting services 1,036,101 - 1,036,101 1,019,803 - 1,019,803
Total expenses 8,202,041 - 8,202,041 7,256,584 - 7,256,584
Changes in net assets before other item (80,278) (2,759,451) (2,839,729) (238,894) 5,820,799 5,581,905

FY 2009 FY 2008
Temporarily Temporarily
OTHER ITEMS Unrestricted
Restricted
Total Unrestricted
Restricted
Total

Unrealized and realized gain (loss) on

161,398 - 161,398 (413,901) - (413,901)
investments
Changes in net assets 81,120 (2,759,451) (2,678,331) (652,795) 5,820,799 5,168,004
Net assets at beginning of year 1,188,831 6,208,794 7,397,625 1,841,626 387,995 2,229,621

NET ASSETS AT END OF YEAR $1,269,951 $3,449,343 $4,719,294 $1,188,831 $6,208,794 $7,397,625