Audit Report FY23 Development

Summary

The Allendale Association's financial statements for the year ended June 30, 2023, have been audited and present a fair picture of the organization's financial position and activities. The statements include a balance sheet, statement of activities, and statement of cash flows. The association's total assets were $21,658,249, with total liabilities of $3,844,899 and net assets of $17,813,350. The association's revenue for the year was $29,266,114, with total expenses of $30,987,037, resulting in a change in net assets of ($1,083,156).

Details

Subject

Financial Statements

Summary

The Allendale Association's financial statements for the year ended June 30, 2023, have been audited and present a fair picture of the organization's financial position and activities. The statements include a balance sheet, statement of activities, and statement of cash flows. The association's total assets were $21,658,249, with total liabilities of $3,844,899 and net assets of $17,813,350. The association's revenue for the year was $29,266,114, with total expenses of $30,987,037, resulting in a change in net assets of ($1,083,156).

Report Date

2023-03-07

Report Type

audit

Report Title

Allendale Association Financial Statements

Authoring Body

CliftonLarsonAllen LLP

Reporting Period

2023-06-30