Financial Data & Statistics

Total Assets as of 2016

ICF Total Assets 2016

Summarized Financial Data
For  the Year Ended December 31, 2016

STATEMENT OF FINANCIAL POSITION


ASSETS  

 

  Cash and cash equivalents $         9,453,011
  Investments 120,419,892
  Promises to give, net 359,837
  Notes receivable 28,551,823
  Cash surrender value of life insurance 190,528
  Property and equipment, net 807,245
  Other assets 3,786
    Single
          TOTAL ASSETS 159,786,122
    Double
LIABILITIES    
  Accounts payable and accrued liabilities 54,176
  Funds held as agency endowments 21,678,800
  Charitable gift annuities payable 217,833
    Single
          TOTAL LIABILITES 21,950,809
     
NET ASSETS    
  Unrestricted                    
       Operating 5,354,328
       Board designated non-endowed 11,507,578
       Board designated endowed 92,303,323
    Single
          Total Unrestricted 109,165,229
  Temporarily Restricted:  
       Non-endowed 28,309,734
       Endowed 360,350
    Single
          Total Temporarily Restricted 28,670,084
    Single
          TOTAL NET ASSETS 137,835,313
    Single
          TOTAL LIABILITIES AND NET ASSETS $   159,786,122
    Double
 


STATEMENT OF ACTIVITIES


REVENUES    
  Contributions $         6,586,243
  Memberships 105,410
  Event revenue 51,417
  Interest and dividends 3,007,617
  Realized gain on investments 1,992,367
  Unrealized gain on investments 4,846,703
    Single
          TOTAL REVENUES 16,589,757
     
EXPENSES    
  Grants 5,797,963
  Community improvements 7,195,241
  Compensation 745,901
  Employee benefits and taxes 197,401
  Professional services fees 111,992
  Marketing and promotion 26,744
  Office expenses 31,866
  Information technology 57,053
  Occupancy 13,245
  Travel, training and meetings 67,085
  Depreciation 68,008
  Insurance 30,734
  Events 28,621
  Recovery of promises to give (14,199)
  Miscellaneous 90,835
    Single
          TOTAL EXPENSES 14,448,490
     
TRANSFERS    
  Management fees from other funds 104,373
    Single
          TOTAL TRANSFERS 104,373
    Single
          TOTAL EXPENSES AND TRANSFERS 14,344,117
    Single
NET INCREASE IN ASSETS 2,245,640
   
NET ASSETS, BEGINNING OF PERIOD 135,589,673
  Single
NET ASSETS, END OF PERIOD $   137,835,313
  Double

 

All amounts presented for 2016 include the accounts of the supporting organization of ICF. Complete consolidated financial statements, with accompanying footnotes, have been audited by Eide Bailly, LLP and given an unqualified opinion. These statements, as well as ICF’s Internal Revenue Service Form 990, are available below. 


 IRS Forms 990 and Audited Financial Statements

Internal Revenue Service Forms 990
 2014 | 2015 | 2016

Audited Financial Statements
2014 | 2015 | 2016

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