Financial Data & Statistics
Total Assets as of 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 |
|
|
 |
|
TOTAL ASSETS |
159,786,122 |
|
|
 |
LIABILITIES |
|
|
|
Accounts payable and accrued liabilities |
54,176 |
|
Funds held as agency endowments |
21,678,800 |
|
Charitable gift annuities payable |
217,833 |
|
|
|
|
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 |
|
|
|
|
Total Unrestricted |
109,165,229 |
|
Temporarily Restricted: |
|
|
Non-endowed |
28,309,734 |
|
Endowed |
360,350 |
|
|
|
|
Total Temporarily Restricted |
28,670,084 |
|
|
|
|
TOTAL NET ASSETS |
137,835,313 |
|
|
|
|
TOTAL LIABILITIES AND NET ASSETS |
$ 159,786,122 |
|
|
|
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 |
|
|
|
|
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 |
|
|
|
|
TOTAL EXPENSES |
14,448,490 |
|
|
|
TRANSFERS |
|
|
|
Management fees from other funds |
104,373 |
|
|
|
|
TOTAL TRANSFERS |
104,373 |
|
|
|
|
TOTAL EXPENSES AND TRANSFERS |
14,344,117 |
|
|
|
NET INCREASE IN ASSETS |
2,245,640 |
|
|
NET ASSETS, BEGINNING OF PERIOD |
135,589,673 |
|
|
NET ASSETS, END OF PERIOD |
$ 137,835,313 |
|
|
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