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 ?

Among stakeholders, there was confusion as to whether unrestricted net assets were truly available for the nonprofit to utilize as it deemed prudent and necessary.

The Reporting Impact of ASU 2016-14: Painting the Picture from a Nonprofit's Financial Perspective

ASU 2016-14 combines temporarily restricted and permanently restricted net assets into "net assets with donor restrictions" and renames unrestricted net assets as "net assets without donor restrictions" (see the chart, "Net Asset Presentation: Then and Now").

Simplifying adoption of NFP financial reporting standard: These tips can help smaller tax-exempt organizations with limited staff implement FASB's new rules

The ACLU 6 although its budget is only a third of the NRA's 6 had unrestricted net assets worth $140.2 million when 2017 came to a close, according to its tax form.

The NRA's Financial Weakness, Explained

Increase in unrestricted net assets 864,320 727,742

Consolidated Statement of Operations

Revenues are reported as increases in unrestricted net assets unless use of the related assets is limited by donor-imposed restrictions.

Annual Report 2017-18: Independent Auditors' Report, Combined Financial Statements and Supplementary Information

Due to implementation of GASB 68 pension accounting changes in fiscal 2015, unrestricted net assets have since been hampered by the recorded net pension liability.

Fitch Affirms Montclair State University, NJ's Revs at 'AA-'; Outlook Stable

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.

UAMS to Cut 600 Jobs, Put 258 Out of Work

Unrestricted net assets include net assets that are not subject to donor-imposed stipulations.

INDEPENDENT AUDITOR'S REPORT

IS's year-over-year unrestricted net assets decreased $1.2 million and temporarily restricted net assets declined $632,000.

Independent sector cuts 25% of staff

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.

2015 audited schedule of changes in net assets

Revenue classified as "other operating revenue" and "unrestricted net assets" will also be used, according to Fitch.

Fitch awards solid AA to IHL borrowing

Unrestricted net assets include those net assets whose use is not

Consolidating statements of financial position years ended June 30, 2013 and 2012