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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