{"id":19,"date":"2023-03-14T22:38:59","date_gmt":"2023-03-14T22:38:59","guid":{"rendered":"https:\/\/www.dreamfoundation.org\/annual-report-2022\/?page_id=19"},"modified":"2023-05-22T19:13:35","modified_gmt":"2023-05-22T19:13:35","slug":"financials","status":"publish","type":"page","link":"https:\/\/www.dreamfoundation.org\/annual-report-2022\/financials\/","title":{"rendered":"Financials"},"content":{"rendered":"

Financials<\/h1>\n
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Statement of financial position for the year ending December 31, 2022<\/strong><\/h3>\n

(with comparative totals for year ending December 2021)<\/strong><\/p>\n<\/div>\n

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\n
\n
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ASSETS<\/h4>\n<\/p><\/div>\n
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2022<\/h4>\n<\/p><\/div>\n
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2021<\/h4>\n<\/p><\/div>\n<\/p><\/div>\n
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CURRENT ASSETS<\/h5>\n<\/div>\n
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\n
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Cash and cash equivalents<\/div>\n<\/div>\n
$425,363<\/div>\n
$577,539<\/div>\n<\/p><\/div>\n
\n
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Other receivable<\/div>\n<\/div>\n
$913<\/div>\n
$242,953<\/div>\n<\/p><\/div>\n
\n
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Pledges and grants receivable<\/div>\n<\/div>\n
$55,000<\/div>\n
$81,000<\/div>\n<\/p><\/div>\n
\n
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Prepaid expenses and deposits<\/div>\n<\/div>\n
$4,430<\/div>\n
$5,930<\/div>\n<\/p><\/div>\n
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\n
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Total Current Assets<\/h4>\n<\/div>\n<\/div>\n
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$485,706<\/h4>\n<\/div>\n
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$907,422<\/h4>\n<\/div><\/div>\n
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INVESTMENTS<\/h5>\n<\/div>\n
–<\/div>\n
–<\/div>\n<\/p><\/div>\n
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PROPERTY AND EQUIPMENT<\/h5>\n<\/div><\/div>\n
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Net Property and Equipment<\/div>\n<\/div>\n
$12,425<\/div>\n
$15,341<\/div>\n<\/p><\/div>\n
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OTHER ASSETS<\/h5>\n<\/div><\/div>\n
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Total Other Assets<\/div>\n<\/div>\n
$702,970<\/div>\n
$771,517<\/div>\n<\/p><\/div>\n
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TOTAL ASSETS <\/h4>\n<\/div>\n
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$1,201,101<\/h4>\n<\/div>\n
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$1,694,280<\/h4>\n<\/div><\/div>\n
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LIABILITIES AND NET ASSETS<\/h4>\n<\/div>\n
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CURRENT LIABILITIES<\/h5>\n<\/div><\/div>\n
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Accounts payable and accrued liabilities<\/div>\n<\/div>\n
$133,156<\/div>\n
$265,989<\/div>\n<\/p><\/div>\n
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NET ASSETS<\/h5>\n<\/div>\n
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Unrestricted<\/div>\n<\/div>\n
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Undesignated<\/span><\/div>\n<\/div>\n
($288,303)<\/div>\n
($51,103)<\/div>\n<\/p><\/div>\n
\n
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Donor restricted<\/span><\/div>\n<\/div>\n
$812,197 <\/div>\n
$1,037,197<\/div>\n<\/p><\/div>\n
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Total Unrestricted<\/span><\/div>\n<\/div>\n
($288,303)<\/div>\n
($51,103)<\/div>\n<\/p><\/div>\n
\n
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Total Net Assets<\/h4>\n<\/div>\n<\/div>\n
\n

$523,894<\/h4>\n<\/div>\n
\n

$986,094<\/h4>\n<\/div><\/div>\n
\n
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TOTAL LIABILITIES AND NET ASSETS<\/h4>\n<\/div>\n
\n

$1,201,101<\/h4>\n<\/div>\n
\n

<\/h4>\n

$1,694,280<\/h4>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n
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Revenue, Gains & Other Support<\/h3>\n