Page 54 - Spring Summer 2023
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Year Ending 2022 HHSAA Financials
HHSAA BALANCE SHEET AS OF DECEMBER 31, 2022
Dec 31, 21
ASSETS
Total Checking/Savings 226,190
Trust Receivables 113,843
MCF Endowment Fund 3,113,979
TOTAL ASSETS 3,454,012
LIABILITIES & EQUITY
Equity
Net Assets
With Donor Restrictions 3,170,590
Without Donor Restrictions 325,908
Total Net Assets 3,496,498
Net Income -42,486
Total Equity 3,454,012
TOTAL LIABILITIES & EQUITY 3,454,012
HHSAA PROFIT AND LOSS STATEMENT
FOR THE YEAR ENDING DECEMBER 31, 2022
Jan - Dec 21
Income
Annual Fund & Special Project 98,052
Endowment (8,426)
Total Income 89,626
Expense
Scholarships & Special Projects 1,700
Fundraising Expenses 130,412
Total Expense 132,112
Net Income (42,486)
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