OUR COMMITMENT TO ACCOUNTABILITY AND TRANSPARENCY
Trickle Up is committed to meeting the highest ethical standards in every aspect of our work. We hold one another financially and morally accountable for the achievement of our mission and the effective and efficient use of our resources. Our annual financial statements have been audited by Lutz & Carr Certified Public Accounts, LLP, an independent audit firm with substantial expertise in nonprofit accounting.
| ASSETS | 2016 | 2015 |
| Cash and cash equivalents (Notes 1b and 14a) | $1,660,142 | $1,165,914 |
| Pledges receivable (Notes 1c, 3 and 14b) | ||
| Unrestricted | $44,075 | $24,833 |
| Restricted to future programs and periods | $2,239,287 | $442,296 |
| Prepaid expenses and other current assets | $90,474 | $47,909 |
| Investments (Notes 1d, 4 and 7) | $2,756,423 | $2,387,602 |
| Property and equipment, at cost, net of accum. depreciation (Notes 1e and 8) | $29,822 | $38,184 |
| Security deposits | $39,661 | $39,550 |
| TOTAL ASSETS | $6,859,884 | $4,146,288 |
| LIABILITIES AND ASSETS | 2016 | 2015 |
| Liabilities | ||
| Accounts payable and accrued expenses | $22,792 | $26,117 |
| Salaries and accrued vacation payable | $138,672 | $134,724 |
| Refundable grant (Note 5) | $56,869 | $56,869 |
| Refundable advance (Note 6) | $250,000 | $250,000 |
| Security deposits payable | $4,800 | $4,800 |
| TOTAL LIABILITIES | $473,133 | $472,510 |
| Commitments and Contingencies (Notes 5, 6, 10, 11 and 12) | ||
| Net Assets (Note 2) | ||
| Unrestricted | ||
| Board designated operating reserve | $1,072,893 | $738,933 |
| Undesignated | $860,081 | $732,222 |
| Total Unrestricted | $1,932,974 | $1,471,155 |
| Temporarily restricted | $3,055,387 | $929,233 |
| Permanently restricted endowment | $1,398,390 | $1,273,390 |
| Total Net Assets | $6,386,751 | $3,673,778 |
| TOTAL ASSETS | $6,859,884 | $4,146,288 |
Expense Ratios
74% Program
16% Fundraising
10% Admin
Contributions
55% Individuals
33% Foundations & Corporations
8% Government
4% Other
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Program Ratio
74% Program
16% Fundraising
10% Admin
Contributions
55% Individuals
33% Foundations & Corporations
8% Government
4% Other
| ASSETS | 2016 | 2015 |
| Cash and cash equivalents (Notes 1b and 14a) | $1,660,142 | $1,165,914 |
| Pledges receivable (Notes 1c, 3 and 14b) | ||
| Unrestricted | $44,075 | $24,833 |
| Restricted to future programs and periods | $2,239,287 | $442,296 |
| Prepaid expenses and other current assets | $90,474 | $47,909 |
| Investments (Notes 1d, 4 and 7) | $2,756,423 | $2,387,602 |
| Property and equipment, at cost, net of accum. depreciation (Notes 1e and 8) | $29,822 | $38,184 |
| Security deposits | $39,661 | $39,550 |
| TOTAL ASSETS | $6,859,884 | $4,146,288 |
| LIABILITIES AND ASSETS | 2016 | 2015 |
| Liabilities | ||
| Accounts payable and accrued expenses | $22,792 | $26,117 |
| Salaries and accrued vacation payable | $138,672 | $134,724 |
| Refundable grant (Note 5) | $56,869 | $56,869 |
| Refundable advance (Note 6) | $250,000 | $250,000 |
| Security deposits payable | $4,800 | $4,800 |
| TOTAL LIABILITIES | $473,133 | $472,510 |
| Commitments and Contingencies (Notes 5, 6, 10, 11 and 12) | ||
| Net Assets (Note 2) | ||
| Unrestricted | ||
| Board designated operating reserve | $1,072,893 | $738,933 |
| Undesignated | $860,081 | $732,222 |
| Total Unrestricted | $1,932,974 | $1,471,155 |
| Temporarily restricted | $3,055,387 | $929,233 |
| Permanently restricted endowment | $1,398,390 | $1,273,390 |
| Total Net Assets | $6,386,751 | $3,673,778 |
| TOTAL ASSETS | $6,859,884 | $4,146,288 |