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AAP Annual Report 2013
Financials



STATEMENTS OF FINANCIAL POSITION
AUGUST 31, 2013 AND 2012










ASSETS

















2013
2012
CURRENT ASSETS:





Cash and equivalents
$ 266,024
$ 293,550

Investments - at fair value 1,038,501
990,249

Accounts receivable
10,828
7,260

Prepaid expenses

27,239
19,217












Total current assets 1,342,592
1,310,276










PROPERTY AND EQUIPMENT, at cost



Furniture and equipment 62,796
56,671

Less accumulated depreciation 49,909
51,040












Net property and equipment 12,887
5,631













TOTAL ASSETS $ 1,355,479
$ 1,315,907




















LIABILITIES AND NET ASSETS










CURRENT LIABILITIES:



Accounts payable
$ 24,112
$ 25,249

Other accrued expenses 4,017
7,249

Deferred revenue

51,862
47,589













Total current liabilities 79,991
80,087










NET ASSETS:






Unrestricted - operating 422,684
396,444

Unrestricted - board designated 643,870
653,205

Temporarily restricted 106,080
87,367

Permanently restricted 102,854
98,804













Total net assets 1,275,488
1,235,820













TOTAL LIABILITIES AND NET ASSETS $ 1,355,479
$ 1,315,907










The financial statements presented here do not constitute a complete set of financial statements. A complete set of financial statements is available at the Association's office.




 

 

AAP Annual Report 2013

  Letter from the President
  2013-2015 Board of Trustees
  Summary
  Leadership Development
  Education
  Research

  Membership
  Journal - AJPM&R
  Advocacy
  Financials

Annual Report 2013 (PDF)



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