DONATE

Financials

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.


(For best viewing on a mobile device, turn your phone to landscape mode.)


ASSETS20172016
Cash and cash equivalents$1,803,156$1,660,142
Pledges receivable
    Unrestricted$179,897$44,075
    Restricted to future programs and periods$6,247,328$2,239,287
Prepaid expenses and other current assets$73,408$90,474
Investments$3,188,783$2,756,423
Property and equipment, at cost, net of accum. depreciation $79,098$29,822
Security deposits$39,661$39,661
TOTAL ASSETS$11,611,331$6,859,884

LIABILITIES AND ASSETS20172016
Liabilities
   Accounts payable and accrued expenses$107,037$22,792
    Salaries and accrued vacation payable$197,432$138,672
    Refundable grant$56,869$56,869
   Refundable advance$250,000$250,000
   Security deposits payable$4,800$4,800
TOTAL LIABILITIES$616,138$473,133
Commitments and Contingencies
Net Assets
   Unrestricted
      Board designated operating reserve$1,240,885$1,072,893
      Undesignated$665,081$860,081
Total Unrestricted$1,905,966$1,932,974
   Temporarily restricted$7,690,837$3,055,387
   Permanently restricted endowment$1,398,390$1,398,390
Total Net Assets$10,995,193$6,386,751
TOTAL ASSETS$11,611,331$6,859,884

EXPENSE RATIOS

Expenses-1g

VIEW OUR COMPLETE 2017 AUDITED FINANCIAL STATEMENT