2005 Annual Report

Epilepsy Foundation » About Us » 2005 Annual Report » Annual Report 2005 

Epilepsy Foundation National Office and Affiliates

Summary Combined Financial Statements

Combined Statements of Financial Position

  June 30
  2004   2003
Assets
Current Assets $24,024,122   $19,382,572
Beneficial interest in perpetual trusts 3,222,067   3,007,789
Investments 18,968,181   13,169,531
Property and equipment, net 5,756,707   5,969,869
Total assets $51,971,077   $41,529,761
 

 

  

 
Liabilities and Net Assets
Current liabilities $9,993,271   $8,607,207
Notes payable 3,172,383   3,721,430
Net assets 38,805,423   29,201,124
Total liabilities and net assets $51,971,077   $41,529,761
 

 

  

 
Combined Statements of Activities
  For the Year Ended June 30
  2004   2003
Revenue:      

Contributions

 26,417,280   16,908,742

Government grants

 44,898,508   42,099,119

Program and service fees

 971,049   1,273,814

Special events, net of direct cost

 5,264,659   4,502,191

Investment income

 1,433,844   139,503

Other

 1,081,129   745,636
Total revenue 80,066,469   65,669,005
Expenses:      

Program Services

      

Research

 3,240,179   1,748,910

Public health education

 5,829,017   6,053,692

Professional education and training

 1,214,619   1,213,140

Community services

 7,704,788   7,369,028

Patient services

 40,777,745   38,844,526
  58,766,348   55,229,296

Supporting Services

      

Management and general

 8,041,754   6,842,492

Fundraising

 3,654,068   3,529,185
  11,695,822   10,371,677
Total expenses 70,462,170   65,600,973
Change in net assets 9,604,299   68,032
Net assets, beginning of year 29,201,124   29,133,092
Net assets, end of year 38,805,423   29,201,124