In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Organization as of June 30, 2023 and 2022, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America. [...] Responsibilities of Management for the Financial Statements Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that. [...] The only limits on the use of net assets without donor restrictions are the broad limits resulting from the nature of the Organization, the e nvironment in which it operates, and the purposes specified in its organizing d ocuments. [...] generally accepted accounting principles requires management to make estimates and a ssumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the r eported amounts of revenues and expenses during the reporting period. [...] In addition, the Organization has the ability, upon approval by the Executive Committee of the Board of Directors, to access amounts designated to help meet unexpected cash flow challenges in the amount of $800,000 as of June 30, 2 023 and 2022.
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