Combined Statement of Activities for the Year Ended December 31, 2019.
Revenue & Expenses
| REVENUES, GAINS & OTHER SUPPORT | Without Donor Restrictions | With Donor Restrictions | FY2019 TOTAL | FY2018 TOTAL |
| Direct mail contributions | $47,376,275 | - | $47,376,275 | $45,592,347 |
| Individualand corporate contributionsandgrants | 24,146,295 | 31,593,686 | 55,739,981 | 70,524,107 |
| Federal grants | 25,434,659 | - | 25,434,659 | 20,962,317 |
| Non-federal grants | 223,593 | - | 223,593 | 879,366 |
| Accreditation fees | 4,224,207 | - | 4,224,207 | 4,027,184 |
| Royalty income | 726,630 | - | 726,630 | 671,519 |
| Appreciation in trust assets—net | 6,490,809 | - | 6,490,809 | 311,084 |
| Other investment income—net | 246,535 | - | 246,535 | (489,020) |
| Other income | 2,098,294 | - | 2,098,294 | 3,612,133 |
| Total revenues, gains and other support | $110,967,297 | $31,593,686 | $142,560,983 | $146,091,037 |
| NET ASSETS RELEASED FROM RESTRICTIONS | Without Donor Restrictions | With Donor Restrictions | FY2019 TOTAL | FY2018 TOTAL |
| Satisfaction of program restrictions | 12,933,549 | (12,933,549) | - | - |
| Expiration of time restrictions | 14,044,811 | (14,044,811) | - | - |
| Total revenues, gains, and other support and net assets released from restrictions | $137,945,657 | $4,615,326 | $142,560,983 | $146,091,037 |
| EXPENSES | Without Donor Restrictions | With Donor Restrictions | FY2019 TOTAL | FY2018 TOTAL |
| Program assistance | 73,593,203 | - | 73,593,203 | 80,227,079 |
| Public education and communications | 32,481,306 | - | 32,481,306 | 30,093,477 |
| Sports training and competitions | 6,461,824 | - | 6,461,824 | 9,829,763 |
| Fundraising | 16,485,993 | - | 16,485,993 | 16,407,262 |
| Management and general | 4,166,319 | - | 4,166,319 | 4,251,115 |
| Total expenses | $133,188,645 | - | $133,188,645 | $140,808,696 |
| Net assets (beginning of year) | 52,913,894 | 32,389,281 | 85,303,175 | 80,020,834 |
| Changes in net assets | 4,757,012 | 4,615,326 | 9,372,338 | 5,282,341 |
| Net assets (end of year) | $57,670,906 | $37,004,607 | $94,675,513 | $85,303,175 |
Assets & Liabilities
| Assets | 2019 | 2018 |
| Current Assets | ||
| Cash & cash equivalents | $18,600,121 | $16,485,236 |
| Contributions & accounts receivable | 14,886,704 | 18,644,940 |
| Other current assets | 2,914,510 | 2,619,056 |
| Total current assets | $36,401,335 | $37,749,232 |
| NON-CURRENT ASSETS | ||
| Investments | 58,207,614 | 51,813,442 |
| Long-term contributions receivable—net | 9,649,025 | 9,068,877 |
| Fixed assets—net | 5,284,550 | 4,438,174 |
| Other assets | 863,670 | 787,893 |
| Total non-current assets | $74,004,859 | $66,108,386 |
| TOTAL | $110,406,194 | $103,857,618 |
| Liabilities & Net Assets | 2019 | 2018 |
| Current Liabilities | ||
| Accounts payable & accrued liabilities | 8,878,488 | 11,228,490 |
| Grants & awards payable | 4,242,824 | 3,966,253 |
| Deferred liabilities | 2,609,369 | 3,089,417 |
| Total current liabilities | $15,730,681 | $18,284,160 |
| Non-Current Liabilities | ||
| Long-term deferred rent | - | 270,283 |
| Total liabilities | $15,730,681 | $18,554,443 |
| Net Assets | ||
| Without Donor Restrictions | 57,670,906 | 52,913,894 |
| With Donor Restrictions | 37,004,607 | 32,389,281 |
| Total net assets | $94,675,513 | $85,303,175 |
| TOTAL | $110,406,194 | $103,857,618 |
Combined Statement of Activities for the Year Ended December 31, 2020.
Revenue & Expenses
| REVENUES, GAINS & OTHER SUPPORT | Without Donor Restrictions | With Donor Restrictions | FY2020 TOTAL | FY2019 TOTAL |
| Direct mail contributions | $49,248,634 | - | $49,248,634 | $47,376,275 |
| Individual and corporate contributions and grants | 15,145,806 | 24,292,226 | 39,438,032 | 55,739,981 |
| Federal grants | 24,516,115 | - | 24,516,115 | 25,434,659 |
| Non-federal grants | 129,117 | - | 129,117 | 223,593 |
| Accreditation fees | 3,184,544 | - | 3,184,544 | 4,224,207 |
| Royalty income | 735,598 | - | 735,598 | 726,630 |
| Appreciation in trust assets - net | 6,513,046 | - | 6,513,046 | 6,490,809 |
| Other investment income - net | 166,058 | 143,221 | 309,279 | 246,535 |
| Other income | 3,998,925 | - | 3,998,925 | 2,098,294 |
| Total revenues, gains and other support | $103,637,843 | $24,435,447 | $128,073,290 | $142,560,983 |
| NET ASSETS RELEASED FROM RESTRICTIONS | Without Donor Restrictions | With Donor Restrictions | FY2020 TOTAL | FY2019 TOTAL |
| Satisfaction of program restrictions | 8,186,342 | -8,186,342 | - | - |
| Expiration of time restrictions | 13,444,307 | -13,444,307 | - | - |
| Total revenues, gains and other support and net assets released from restrictions | $125,268,492 | $2,804,798 | $128,073,290 | $142,560,983 |
| EXPENSES | Without Donor Restrictions | With Donor Restrictions | FY2020 TOTAL | FY2019 TOTAL |
| Program assistance | 57,690,110 | - | 57,690,110 | 73,593,203 |
| Public education and communications | 31,820,079 | - | 31,820,079 | 32,481,306 |
| Sports training and competitions | 3,957,638 | - | 3,957,638 | 6,461,824 |
| Fundraising | 13,598,231 | - | 13,598,231 | 16,485,993 |
| Management and general | 4,724,700 | - | 4,724,700 | 4,166,319 |
| Total expenses | $111,790,758 | - | $111,790,758 | $133,188,645 |
| Net assets (beginning of year) | 57,670,906 | 37,004,607 | 94,675,513 | 85,303,175 |
| Changes in net assets | 13,477,734 | 2,804,798 | 16,282,532 | 9,372,338 |
| Net assets (end of year) | $71,148,640 | $39,809,405 | $110,958,045 | $94,675,513 |
Assets & Liabilities
| ASSETS | 2020 | 2019 |
| Current Assets | ||
| Cash & cash equivalents | $33,282,648 | $18,600,121 |
| Contributions & accounts receivable | 16,130,630 | 14,886,704 |
| Other current assets | 3,165,561 | 2,914,510 |
| Total current assets | $52,578,839 | $36,401,335 |
| NON-CURRENT ASSETS | ||
| Investments | 62,577,009 | 58,207,614 |
| Long-term contributions receivable - net | 9,618,109 | 9,649,025 |
| Fixed assets - net | 5,702,132 | 5,284,550 |
| Other assets | 927,689 | 863,670 |
| Total non-current assets | $78,824,939 | $74,004,859 |
| TOTAL | $131,403,778 | $110,406,194 |
| LIABILITIES & NET ASSETS | 2020 | 2019 |
| Current Liabilities | ||
| Accounts payable & accrued liabilities | 7,314,301 | 8,878,488 |
| Grants & awards payable | 5,020,726 | 4,242,824 |
| Deferred liabilities | 8,110,706 | 2,609,369 |
| Total current liabilities | $20,445,733 | $15,730,681 |
| NON-CURRENT LIABILITIES | ||
| Long-term deferred rent | - | - |
| Total liabilities | $20,445,733 | $15,730,681 |
| NET ASSETS | ||
| Without Donor Restrictions | 71,148,640 | 57,670,906 |
| With Donor Restrictions | 39,809,405 | 37,004,607 |
| Total net assets | $110,958,045 | $94,675,513 |
| Total | $131,403,778 | $110,406,194 |
Combined Statement of Activities for the Year Ended December 31, 2021.
Revenue & Expenses
| REVENUES, GAINS & OTHER SUPPORT | Without Donor Restrictions | With Donor Restrictions | FY2021 TOTAL | FY2020 TOTAL |
| Direct mail contributions | $56,091,518 | - | $56,091,518 | $49,248,634 |
| Individual and corporate contributions and grants | 10,034,208 | 27,765,328 | 37,799,536 | 39,438,032 |
| Federal grants | 6,256,764 | - | 6,256,764 | 24,516,115 |
| Non-federal grants | 32,246,398 | - | 32,246,398 | 129,117 |
| Accreditation fees | 3,266,273 | - | 3,266,273 | 3,184,544 |
| Royalty income | 1,230,645 | - | 1,230,645 | 735,598 |
| Appreciation in trust assets - net | 8,517,223 | - | 8,517,223 | 6,513,046 |
| Other investment income - net | -5,151 | 219,685 | 214,534 | 309,279 |
| Other income | 3,920,962 | - | 3,920,962 | 3,998,925 |
| Total revenues, gains and other support | $121,558,840 | $27,985,013 | $149,543,853 | $128,073,290 |
| NET ASSETS RELEASED FROM RESTRICTIONS | Without Donor Restrictions | With Donor Restrictions | FY2020 TOTAL | FY2019 TOTAL |
| Satisfaction of program restrictions | 14,139,454 | -14,139,454 | - | - |
| Expiration of time restrictions | 11,019,861 | -11,019,861 | - | - |
| Total revenues, gains and other support and net assets released from restrictions | $125,268,492 | $2,825,698 | $149,543,853 | $128,073,290 |
| EXPENSES | Without Donor Restrictions | With Donor Restrictions | FY2020 TOTAL | FY2019 TOTAL |
| Program assistance | 66,135,393 | - | 66,135,393 | 57,690,110 |
| Public education and communications | 36,388,452 | - | 36,388,452 | 31,820,079 |
| Sports training and competitions | 5,616,483 | - | 5,616,483 | 3,957,638 |
| Fundraising | 14,537,702 | - | 14,537,702 | 13,598,231 |
| Management and general | 4,305,580 | - | 4,305,580 | 4,724,700 |
| Total expenses | 126,983,610 | - | 126,983,610 | 111,790,758 |
| Net assets (beginning of year) | 71,148,640 | 39,809,405 | 110,958,045 | 94,675,513 |
| Changes in net assets | 19,734,545 | 2,825,698 | 22,560,243 | 16,282,532 |
| Net assets (end of year) | 90,883,185 | 42,635,103 | 133,518,288 | 110,958,045 |
Assets & Liabilities
| ASSETS | 2021 | 2020 |
| Current Assets | ||
| Cash & cash equivalents | $51,411,978 | $33,282,648 |
| Contributions & accounts receivable | $19,357,581 | $16,130,630 |
| Other current assets | $2,375,030 | $3,165,561 |
| Total current assets | $73,144,589 | $52,578,839 |
| NON-CURRENT ASSETS | ||
| Investments | $71,378,284 | $62,577,009 |
| Long-term contributions receivable - net | $6,394,827 | $9,618,109 |
| Fixed assets - net | $4,371,470 | $5,702,132 |
| Other assets | $968,332 | $927,689 |
| Total non-current assets | $83,112,913 | $78,824,939 |
| Total | $156,257,502 | $131,403,778 |
| LIABILITIES & NET ASSETS | 2021 | 2020 |
| CURRENT LIABILITIES | ||
| Accounts payable & accrued liabilities | 8,409,941 | 7,314,301 |
| Grants & awards payable | 6,682,101 | 5,020,726 |
| Deferred liabilities | 7,647,172 | 8,110,706 |
| Total current liabilities | 22,739,214 | 20,445,733 |
| NON-CURRENT LIABILITIES | ||
| Long-term deferred rent | ||
| Total liabilities | 22,739,214 | 20,445,733 |
| NET ASSETS | ||
| Without Donor Restrictions | 90,883,185 | 71,148,640 |
| With Donor Restrictions | 42,635,103 | 39,809,405 |
| Total net assets | 133,518,288 | 110,958,045 |
| Total | 156,257,502 | 131,403,778 |