financials uhaaf

The University of Houston Alumni Association Foundation
Statement of Financial Position

August 31, 2017

Assets
Cash and cash equivalents $ 1,092,890
Investments 7,402,521
Accounts receivable 98,017
Pledges receivable, net 220,887
Prepaid expense and other assets 98,381
Property, net 144,654
Restricted Cash 2,151
TOTAL ASSETS $9,059,501
LIABILITIES AND NET ASSETS
Liabilities
Accounts payable and accrued expenses $ 54,485
Due to affiliate, net 372,436
Pledge commitment 20,328
Construction commitment
Deferred revenue 43,331
Total liabilities 490,580
Net Assets
Unrestricted 7,896,028
Temporary restricted 350,697
Permanently restricted 322,196
Total net assets 8,568,921
TOTAL LIABILITIES AND NET ASSETS $9,059,501

August 31, 2016

Assets
Cash and cash equivalents $ 984,520
Investments 6,944,521
Accounts receivable 1,750
Pledges receivable, net 141,810
Prepaid expense and other assets 149,899
Property, net 173,061
Restricted Cash 2,151
TOTAL ASSETS $8,397,712
LIABILITIES AND NET ASSETS
Liabilities
Accounts payable and accrued expenses $ 40,270
Due to affiliate, net 186,055
Pledge commitment 41,714
Construction commitment 43,667
Deferred revenue 52,218
Total liabilities 490,580
Net Assets
Unrestricted 7,375,823
Temporary restricted 335,769
Permanently restricted 322,196
Total net assets 8,033,788
TOTAL LIABILITIES AND NET ASSETS $8,397,713