Unrestricted Net Assets

Unrestricted Net Assets

Cash or other assets that are not needed to pay liabilities and are not earmarked for a specific purpose. The governing body of a company or organization may use unrestricted net assets for any purpose it wishes.
References in periodicals archive ?
At the end of June, UAMS' unrestricted net assets, which would be used to cover a deficit at the end of the fiscal year, were about $77 million.
Revenues are reported as increases in unrestricted net assets unless use of the related assets is limited by donor-imposed restrictions.
IS's year-over-year unrestricted net assets decreased $1.
Table 1 Medical Library Association schedule of changes in net assets by fund year ended December 31, 2015 Net assets Contributions January 1, 2015 and other revenue Unrestricted net assets General operating $(175,700) $2,738,450 Loss on disposal of property -- -- and equipment Total general operating (175,700) 2,738,450 Other funds: Association stabilization 1,487,423 -- Capital equipment 2,228 -- Special purpose -- -- Sections 368,674 48,837 Total unrestricted net assets $1,858,325 $48,837 Temporarily restricted net assets Ysabel Bertolucci MLA Annual 946 -- Meeting Grant Endowment Estelle Brodman Award for the 40,927 -- Academic Medical Librarian of the Year Endowment Naomi C.
GAAP, the Society is required to report information regarding its financial position and activities according to three classes of net assets: unrestricted net assets, temporarily restricted net assets, and permanently restricted net assets.
920 Total Current Liabilities $452,307 LONG-TERM LIABILITIES Postretirement health benefits obligations $150,187 NET ASSETS Unrestricted net assets 852,776 Temporarily restricted net assets Life members net assets 17.
762,453 Total Life Membership Assets $ 65,139,190 Unrestricted Liabilities Current Liabilities $ 132,637,845 Total Liabilities 132,637,845 Unrestricted Net Assets General and Net Assets Designated by the Board of Directors $292,898,577 Total Unrestricted Net Assets 292.
All investment income and gains are reported as increases in unrestricted net assets if the restrictions are met (either by passage of time or by use) in the reporting period in which the income and gains are recognized.
GAAP), the organization is required to report information regarding its financial position and activities according to three classes of net assets: unrestricted net assets, temporarily restricted net assets, and permanently restricted net assets.
Unrestricted Net Assets are available as follows at July 31, 2011: $3,854,542
According to TCG's Theater Facts 2010, the latest installment of an annual economic survey the org has been conducting for 30 years, there are signs of hope, particularly in a metric TCG calls the Change in Unrestricted Net Assets, which measures all forms of a theater's income (ticket sales, contributions, endowment earning, etc.
4 million in unrestricted net assets at the end of 2009, compared with $2.