0299-GCG-FoothillsConservancy ESG24-FINALb (1) - Flipbook - Page 42
Foothills Conservancy of North Carolina
Financial Summary
(January 1, 2023 - December 31, 2023)
Assets
2023
2022
Current Assets
Cash & Equivalents
$
Receivables
12,694,828
$
23,216
Total Current Assets
5,716,524
42,590
$
12,718,044
$
5,759,114
Conservation Property & Equipment
$
21,336,353
$
21,133,226
Total Assets
$
34,054,397
$
26,892,340
$
3,639,262
$
253,485
Long-term Assets
Liabilities & Net Assets
Current Liabilities
Total Net Assets
30,415,136
Total Liabilities & Net Assets
$
34,054,398
26,638,855
$
26,892,340
Endowment & Reserve Funds
(as of December 31, 2023)
Restricted
Endowments*
$
Preserve Management Fund
Land Acquisition Fund
General Operations Reserve
Total
$
1,484,387
Unrestricted
$
-
Board Designated
$
$
4,359,322
-
152,381
-
152,381
1,525,370
729,724
208,645
2,463,739
-
1,348,906
-
1,348,906
3,009,757
$
2,231,011
$
*Foundation for the Carolinas; Community Foundation of WNC; Community Foundation of Burke County
40
2,874,935
Total
3,083,580
$
8,324,348
