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 ?

As reflected in the accompanying financial statements and discussed in the notes, the Council has designated a portion of the unrestricted net assets for specific purposes.

Annual Report 2014-2015: Independent Auditors' Report, Combined Financial Statements and Supplementary Information

Additionally, changes in endowment laws together with the existing framework for reporting restricted and unrestricted net assets, and the lack of required information about the liquidity of an organization, have contributed to the confusion in determining whether an NFP is in sound or poor financial condition.

Not-for-profit financial reporting headed for a change: a fundamental reporting model that has existed for 20 years is being updated to provide better information for users

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.

DAV is very proud we have been authorized to display the seal since 2004

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.

Music library association: notes to financial statements June 30, 2011

Unrestricted Net Assets are available as follows at July 31, 2011: $3,854,542

Financial statement

4 million in unrestricted net assets at the end of 2009, compared with $2.

CUNA depletes U.S. Central capital

0 lower value is preferable Debt to (Outstanding Debt) / (Outstanding 60% lower value capitalization Debt + Unrestricted Net Assets + is (%) Temporary Restricted Net Assets) preferable 1.

Designing a financial blueprint: financial staff's input is critical when building or renovating a facility

Since the accounts were established before any accounting standard addressed the concept of donor restrictions, and since no documentation on the purpose of the accounts can be found, it may be assumed that the accounts represent unrestricted net assets.

Children and Family Service Center case study

Support that is restricted by the donor is reported as an increase in unrestricted net assets if the restriction expires in the reporting period in which the support is recognized.

The Renaissance Society of America financial statements and supplementary information: December 31, 2006 and 2005

But among other nonprofits, it's more a focus on building unrestricted net assets and designating them.

Appreciation boosts net assets

Financial statement presentation: The Association is required to report information regarding its financial position and activities in three classes of net assets: unrestricted net assets which have no donor-imposed restrictions, temporarily restricted net assets which have donor-imposed restrictions that will expire in the future, and permanently restricted net assets which have donor-imposed restrictions which do not expire.

Music Teachers National Association, Inc. Consolidated Statement of Financial Position June 30, 2006

At the last sale of bonds in November 2004, the university's estimated debt was $745 million compared with a much lower base of unrestricted net assets of $102 million at June 30, 2004.

S&P: SPUR on University of Medicine and Dentistry of New Jersey Placed on CreditWatch Negative