University of Baltimore Foundation, Inc.
and University Properties, Inc.
Combined Statement of Financial Position
June 30, 2019 and 2018
2019 | 2018 | |
ASSETS | ||
Cash and Cash Equivalents | $ 9,853,058 | $ 9,081,729 |
Investments | 57,691,405 | 56,538,000 |
Pledges Receivable | 3,700,707 | 4,549,681 |
Land and Buildings | 160,892 | 195,224 |
Collections | 454,284 | 454,284 |
Other | 91,630 | 91,775 |
Total | $ 71,951,976 | $ 70,910,693 |
LIABILITIES AND NET ASSETS | ||
Liabilities | $ 1,362,405 | $ 1,931,728 |
Net Assets | ||
Without Donor Restrictions | 7,216,201 | 6,512,378 |
With Donor Restrictions | 63,373,370 | 62,466,587 |
Total Net Assets | 70,589,571 | 68,978,965 |
Total | $ 71,951,976 | $ 70,910,693 |
University of Baltimore Foundation, Inc.
and University Properties, Inc.
Consolidated Statement of Activities
For the Years Ended June 30, 2018 and 2017
2019 | 2018 | |
REVENUES | ||
Contributions and Grants | $ 3,035,261 | $ 3,328,825 |
Investment Return | 2,802,397 | 4,053,805 |
Other Income | 182,009 | 178,069 |
Total Revenues | 6,019,667 | 7,560,699 |
EXPENSES | ||
University Programs, Support and Scholarships | 3,643,488 | 3,577,112 |
Management and General | 540,443 | 563,441 |
Fundraising | 225,130 | 277,715 |
Total Expenses | 4,409,061 | 4,418,268 |
Change in Net Assets | $ 1,610,606 | $ 3,142,431 |