2012 Annual Report - page 32

32
AAPT
2012 Annual Report
The American Association of Physics Teachers, Inc.
Balance Sheet
Year Ended December 31, 2012
(With comparative totals for 2011)
December 2012
December 2011
ASSETS
Cash and Cash Equivalents
$1,337,202
$773,378
Investments
3,924,150
2,998,953
Receivables
Grants
98,432
213,991
Due from affiliate
118,585
62,816
Membership
43,554
88,341
Other
-
9,655
Inventory
49,118
84,075
Prepaid Expenses
60,870
49,539
Investment in ACP
288,298
221,138
Property and Equipment, Net
33,434
19,447
TOTAL ASSETS
5,953,643
$4,521,333
LIABILITIES & NET ASSETS
LIABILITIES
Accounts Payable and Accrued Expenses
$158,653
$244,047
Accrued Payroll and Related Liabilities
173,936
200,586
Unearned Revenue
2,167,909
1,867,716
Capital Lease Obligation
6,461
11,232
Accrued Postretirement Benefit Obligation
489,583
439,214
TOTAL LIABILITIES
2,996,542
2,762,795
NET ASSETS
Unrestricted
Undesignated
1,720,074
837,589
Board designated
183,950
174,062
1,904,024
1,011,651
Temporarily Restricted
564,842
260,152
Permanently Restricted
488,235
486,735
2,957,101
1,758,538
TOTAL LIABILITIES & NET ASSETS
$5,953,643
$4,521,333
Financials
1...,22,23,24,25,26,27,28,29,30,31 33,34,35,36
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