AFAS 2020 Annual Report

CONDENSED FINANCIALS

Statements of Financial Position as of December 31, 2020 and 2019

2020

2019

Assets

Cash & equivalents

$

1,258,075

$ 1,461,085

Investments

227,029,850

206,000,903

Emergency assistance and education Loans receivable, net

1,964,469

3,767,436

Promises to give

71,559

35,329

Other assets

72,138

191,650

Property plant and equipment

86,481

244,694

Total assets

230,482,572

211,701,097

Liabilities and net assets

Accounts payable and other liabilities

2,937,782

1,211,081

Net Assets: Net Assets without Donor restrictions

225,188,239

208,369,096

Net Assets with Donor Restrictions

2,356,551

2,120,920

Total Net assets

227,544,790

210,490,016

Total liabilities and net assets

$ 230,482,572

$ 211,701,097

The information above is extracted from our audited financial statements, which are being audited by an independent audit firm . The final audit report will be made available on our web site at www.afas.org .

AFAS.ORG / 2020 Annual Report

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