Impact Statement 2024-25 - Report - Page 5
Financial
highlights
Statement of Financial Position
Year Ended May 31, 2025
Statement of Activities
Year Ended May 31, 2025
Assets
Cash & cash equivalents
$500,573
Due from Sorority
$417
Inventory
$19,338
Prepaid expenses &
other assets
$38,288
Contributions receivable, net $210,480
Investments
$11,266,448
Property & equipment, net
$2,157
Right of use asset under
operating lease, net
$62,779
Revenue
Contributions
Investment return, net
Net assets released from
restrictions
TOTAL ASSETS
TOTAL REVENUE
$1,577,955
$1,269,317
$0
$2,847,272
Expenses
Program services
Fundraising
Management and general
$594,319
$301,323
$324,550
TOTAL EXPENSES
$1,220,192
$12,100,480
Liabilities
Accounts payable &
accrued expenses
Due to Sorority
Due to NHC
Grants payable
Scholarships payable
Operating lease liability
$28,741
$17,383
$11,028
$0
$127,195
$65,190
TOTAL LIABILITIES
$249,537
Expenses by Functional Category
Functional Category
2025
2024
2023
Program services
48.7%
45.2%
37.8%
Fundraising
24.7%
27.9%
23%
Management and general
26.6%
26.9%
39.2%
