The University of Houston Alumni Association Foundation
Statement of Financial Position
August 31, 2017
| Assets | |
| Cash and cash equivalents | $ 1,092,890 |
| Investments | 7,402,521 |
| Accounts receivable | 98,017 |
| Pledges receivable, net | 220,887 |
| Prepaid expense and other assets | 98,381 |
| Property, net | 144,654 |
| Restricted Cash | 2,151 |
| TOTAL ASSETS | $9,059,501 |
| LIABILITIES AND NET ASSETS | |
| Liabilities | |
| Accounts payable and accrued expenses | $ 54,485 |
| Due to affiliate, net | 372,436 |
| Pledge commitment | 20,328 |
| Construction commitment | – |
| Deferred revenue | 43,331 |
| Total liabilities | 490,580 |
| Net Assets | |
| Unrestricted | 7,896,028 |
| Temporary restricted | 350,697 |
| Permanently restricted | 322,196 |
| Total net assets | 8,568,921 |
| TOTAL LIABILITIES AND NET ASSETS | $9,059,501 |
August 31, 2016
| Assets | |
| Cash and cash equivalents | $ 984,520 |
| Investments | 6,944,521 |
| Accounts receivable | 1,750 |
| Pledges receivable, net | 141,810 |
| Prepaid expense and other assets | 149,899 |
| Property, net | 173,061 |
| Restricted Cash | 2,151 |
| TOTAL ASSETS | $8,397,712 |
| LIABILITIES AND NET ASSETS | |
| Liabilities | |
| Accounts payable and accrued expenses | $ 40,270 |
| Due to affiliate, net | 186,055 |
| Pledge commitment | 41,714 |
| Construction commitment | 43,667 |
| Deferred revenue | 52,218 |
| Total liabilities | 490,580 |
| Net Assets | |
| Unrestricted | 7,375,823 |
| Temporary restricted | 335,769 |
| Permanently restricted | 322,196 |
| Total net assets | 8,033,788 |
| TOTAL LIABILITIES AND NET ASSETS | $8,397,713 |