SAE Foundation Annual Report 2017 - SAE-7

SAE Foundation
Statement of Activities and Changes in Net Assets

For the Year Ended December 31, 2017
(With Comparative Totals for 2016)

Unrestricted

Temporarily
Restricted

2017
Total

Permanently
Restricted
(in thousands)

2016
Total

Operating Activities
Revenues and Public Support
Contributions
Pledges
Other earned revenue
Investment income
Net assets released from restriction

$

556
120
1,152
1,945

$

1,031 $
159
795
(1,945)

2
24
-

$

1,589
183
120
1,947
-

$

2,765
246
356
812
-

Total Revenues and Public Support

3,773

40

26

3,839

4,179

Expenses
Salaries, wages and benefits
Printing
Postage and freight
Travel
Consultants and subcontractors
Commissions and advertising
Meetings
Cost of facilities and expensed equipment
Professional fees
Other

1,059
33
63
141
342
45
389
99
7
741

-

-

1,059
33
63
141
342
45
389
99
7
741

887
47
91
140
297
41
278
19
8
958

Total Expenses

2,919

-

-

2,919

2,766

854

40

26

920

1,413

7,020

7,856

3,065

17,941

16,528

Increase in Net Assets
Net Assets - beginning of year
Net Assets - end of year

$

7,874

$

7,896

$

3,091

$

18,861

$

17,941

See accompanying independent auditor's report
and notes to the financial statements.

7



SAE Foundation Annual Report 2017

Table of Contents for the Digital Edition of SAE Foundation Annual Report 2017

SAE Foundation Annual Report 2017
Contents
Independent Auditor’s Report
Statements of Financial Position
Statements of Activities and Changes in Net Assets
Statements of Cash Flows
Notes to the Financial Statements
SAE Foundation Annual Report 2017 - SAE Foundation Annual Report 2017
SAE Foundation Annual Report 2017 - 2
SAE Foundation Annual Report 2017 - 3
SAE Foundation Annual Report 2017 - 4
SAE Foundation Annual Report 2017 - 5
SAE Foundation Annual Report 2017 - 6
SAE Foundation Annual Report 2017 - 7
SAE Foundation Annual Report 2017 - 8
SAE Foundation Annual Report 2017 - 9
SAE Foundation Annual Report 2017 - 10
SAE Foundation Annual Report 2017 - 11
SAE Foundation Annual Report 2017 - 12
SAE Foundation Annual Report 2017 - 13
SAE Foundation Annual Report 2017 - 14
SAE Foundation Annual Report 2017 - 15
SAE Foundation Annual Report 2017 - SAE-1
SAE Foundation Annual Report 2017 - Contents
SAE Foundation Annual Report 2017 - Independent Auditor’s Report
SAE Foundation Annual Report 2017 - SAE-4
SAE Foundation Annual Report 2017 - Statements of Financial Position
SAE Foundation Annual Report 2017 - SAE-6
SAE Foundation Annual Report 2017 - Statements of Activities and Changes in Net Assets
SAE Foundation Annual Report 2017 - SAE-8
SAE Foundation Annual Report 2017 - Statements of Cash Flows
SAE Foundation Annual Report 2017 - Notes to the Financial Statements
SAE Foundation Annual Report 2017 - SAE-11
SAE Foundation Annual Report 2017 - SAE-12
SAE Foundation Annual Report 2017 - SAE-13
SAE Foundation Annual Report 2017 - SAE-14
SAE Foundation Annual Report 2017 - SAE-15
SAE Foundation Annual Report 2017 - SAE-16
SAE Foundation Annual Report 2017 - SAE-17
SAE Foundation Annual Report 2017 - SAE-18
SAE Foundation Annual Report 2017 - SAE-19
SAE Foundation Annual Report 2017 - 16
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