central louisiana chapter of the american red cross...3.802 0 2.151 79,092 72,059 2,973 1,117,657...
TRANSCRIPT
^ i
CENTRAL LOUISIANA CHAPTER OF THE AMERICAN RED CROSS
Alexandria, Louisiana
Annual Financial Report
June 30, 2010
Under provisions of state law, this report is a public document.Acopy ofthe report has been submitted to the entity and other appropriate public officials. The report is available for public inspection at the Baton Rouge office ofthe LegisIativeAuditor and. where appropriate, at the office of the parish clerk of court.
Release Date f / M / c l O / O
Table of Contents
Independent Auditors' Report 1
Basic Financial Statements
Statement of Financial Position 2
Statement of Activities 3
, Statement of Functional Expenses 4
Statement of Cash Flows 5
Notes to Financial Statements 6
Supplemental Schedules ; 20
Infopath Form Page 1 of 1
Page 1
Amarlcin RadCiess
FYIO Annual Chapter Financlat Statements for Central Loubiana Chapter
For Ihe Fiscal Year Ended June 30.2010 POSTED: FINAL
:^pie* Rcqnlnd!
t • paper copies M I titned .pdTfile lo Ni&aiul Headiuutan
• Include! ana eonr b r odenid nidilan to coiD|nl« wBoIidRnd finandal sutenmti..
H d NRQ paper capia to:
AniencM Red Cron, Chipcer RqwniaE
4311 Ml StrMt NW - 5ft Flodt
WMhiiisnm.DCZOOO«
OR E-raal npiid .pdT Git M;
^fied vU poml on or belbic Au^iuiSI, 2010
signed posted capkf on or before Scplemba 7.2010
Addnsi^ li04Bil)yMilchelBlvd ChupWrCoda: ISOJO Region Code: 18RII
\City: Alcnndni SlatK LA Zip: 7110} Phono number |(IIS)442-6621
• REVIEWER NAME • REVIEWER PHONE
I. DidlhaCh^lcricccivcirevUwoianaudil' A u d i t
ira review wu eonducied, ilua pleau sded a ravitw iy(M ftom diopdown aid complece the following: -
*• RE^aEWER E-MAIL
3. H'wanUMlualiJicdopuii[aii35iMd?
1. Were any intemal accouDtioti contFol rindingt w»ed dising ibe audil?
4. DOBSAemaDBgeiReMlenenndterSASllSlelterKcompatyiliiiKpon?
5. Did [he chapter receh-o a Ewnaeonccm opinion?
6. Have eMxi!lingau(£ui-i<ibmiaedfliunciil<bMiiien& been piqnred?
Yes
No Findings
Yes
No
No
INDEPCilDB^ AUDITOR'S REPORT
I/m haw audilod (he leeonvanylng ibtcmenl of financial postiDn of Ihe ibovMumed chapM ibe year Aen ended Tiiese Unsncial itatementa «nd the «upp'°<Mn'*' Khedulei discussed below are dte reiponsibilily of maoagenuni oF the abov« named chapter. My/our roponsilHlity is ra expren ai Dpiiudn oa ihitiff financial lUiEfTwi:! tflwd cn niy/Dur audil
I/u« conducted my/our audil in Bccocdanee with audiringtundardigeimllyiuccpted in Ae United SutesofAmwi Those standards requite Ihat I/wo plan and peifbtm the RudtBootKainrfaKmabl* osairanca about whether the financial stMements are ftee of oiaierial misKatenieDL An audit indudes examining, on a lest basis, evidence supporting tfie amounts and disclosures in du Gnaacisl snntncnB. An aucGt also includes aaseasing die aecountiiis principles used taid sisniflcant estimates made by muagement. as well as evaluUing Ihe overall financial statemeni presenBtion. I/we btlieva that my/our audil provides a iea«iable basis for myteia opinion.
In Iy^ur opinion, the financial staiemniti lefenvd lo d>ov8 ptc«ni fUrly J o all miterid respecis, the finandil pontioo of the abo^«-na^ awl thdi cash nowa for iheyear then ended in coiilbriMty uiih accoiniing ptiDciplei i;eoerally accepted in the (.hited Slat^
My^u^ audit was made (brfltapurpy of fonning an opinion on the basic finandal statenienia taken aa a wtiole. The accwnpinying supplements! schedaleal thimifih l9anpteseatedfi)rpiEFasesof adiStionilinBlysi) and an not a required pan ofthe basic finoicialslatenienb. StKhnipplemenidscbcduleshavebeenntbdectedta the auditing pioceduresappUediiilheaudit of the basic financial
lents BIKL m n^fout opiaion. sn Oirly tiaied in dl mateiial rc^Kcia when considered in reUtion (0 basic rinaiujil siBDsnenis ukeri as a 1^0^
l ^ t HAA^Aoyr »• AOPITOR^tGNATXKI (applkaMe " , ' ' " " ,'*,f"*-p'f'*' fMt" * " " ) *
V/W/D m See attached auditor's report which ^edfically coven Amaiican Red Cross Annual Chgpter Financial StaMmmB (ACFS) and lupphmental aeh«dule) 1 through 19, in lieu of report
tibove. ' Board members and diaptar employats do not have aulhorily to lign; original sisnonire must appear on tadi copy.
•Iffini] name is given. pleoM stale name of supervising paitner in block below.
AuiSi Firm Wama*: jKnight Masdea \udit Partner in Charse MamB:iDona Manual
Addran:|S6liJiacka»Sifeet *udit Film Code: 06
City: lAiexandria >tate Board of Accountsncy Registtation Number:f2575S
State: | M _ I D Zip Code: JTIJM i*on* Number !318-445-9334
liasaDt/]oy20IOlS:|S:lB
NHQFinaice. Chapter ReportiB) Pate I of 19 ARC Focm ACFSAC Iver. 08-2010 vl.Ol
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+ jMnarlC8n FYIO Annual Chap te r Financial Statements
RedCroM forCent ra l Louisiana Cliapter Statement of Financial Position
AsofJune30,2010 PART II include financial activity ui Service Delivery Areai (SDAs) and Certified Service Detiveiy UniU (CSDUt)
POSTED: FINAL
Alexandria. LA
ISOJO
ASSETS CURRENTASSETS:
1 Cash and Cash Equnalenls
2 Inveiunoils - Currenl
Recdv^tcs:
3 Notes Receivable - Current
4 Contributions, Pledges Receivable - Cunent
i Inler-Red Cross Receivable*
6 Due from Other Classes ofNetAueti
7 All Other Receivables
t Inveotoiiei
9 Prepaid and Other Assets - Cunent
10 TOTALCURRENTASSETS
NON-CURRENT ASSETS:
11 Investments - Nnn-Currcnt
Receivablei;
12 Notes Receivable • Non-Current
13 Conttibutions, Pledges Receivable • Non-.Cnncnt
14 Land, Buildings and Major Equipment, Less Accumulated Dcpieciation
15 Prepaid and Other Assets -Non-Current
16 TOTAL NON-CURRENT ASSETS
17 TOTAL ASSETS
LIABILITIES CURRENT LIABIUTIES:
It Debt - Current
19 Accounts Payable
20 Accrued Liabilities
ZI Due to Odier Classes of Net Assets
22 Inter-Red Ciosi Pa)'ibtes
23 Other Liabiliucs - Cunent
24 TOTAL CURRENT LUiBILTTIES
NON-CURRENT LUBIUmES:
25 Debt - Non-Cuirent
26 Other Liabilities - Non-Current
27 TOTAL NON-CURRENT LABILITIES
28 TOTAL LL^BILITIES
NET ASSETS
29 Unrestncted
30 Temporarily Restricted
31 Perm menlly Restricted
32 TOTAL NET ASSETS
33 TOTAL LIABILITIES AND NET ASSETS See AccompaDjiuE Note* to Finandal Statements
NHQ Finance, Chipicr Repotting
Account
11
12x10
13x10
I t
16
15
19
Note
I & 6
7 £ 13
1
Sched
1
Unrestricted
34,645
42,361
0
103,227
27,303
0
12.775
23,033
0
243,344
Temporarily Restricted
33,142
0
102,500
0
0
0
0
0
135,642
Permauaitly Restricted
0
0
0
0
0
0
0
0
Total
67,787
42J61
0
205,727
27,303
0
12,775
23,033
0
378,986
I Z x t i
l3xK0
17
19
1 £ 6
13
I . 5 & 1 1
10,966
2,500
1.421,104
1,434,570
1.677,914
35,000
0
0
35,000
170,642
0
0
0
0
0
45,966
2J00
1,421,104
0
1,469,570
1,848,556
Account
22-23
24
26
28
29
Note
5
Sched
2
Unrestricted
0
16,799
0
0
15,719
17,521
J 0,039
Temporarily Restricted
0
0
0
0
0
0
Permanently Restricted
0
0
0
Total
0
16,799
0
0
15,719
17,521
50,039
29
5 0
D
D
50,039
0
0
0
0
0
0
0
0
0
50,039
10
10
3 1,627,875
1,627,K7S
1,677,914
170,642
170,642
170,642
0
0
0
1,627,875
170,642
0
1.798.517
1,848,556
18050 08/30/2010 15 18:18
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+ American FYIO Aannal Chapter Financial Statements
'*^^*** for Central Louisiana Cbapler Statement of Activities
For the Fiscal Year Ended June 30,2010 PART III Include financial activity' in Service Dehveiy Areas (SDAs) and Ccrtiried Service Delivery Units (CSDUs)
POSTED: FINAL
Alexandria. LA
18050
CONTRIBUTIONS, REVENUE AND GAINS
1 FederSed
2 Monetary Contributions
3 Net Special Events
^ Legacies and Bequests
5 In-Kind Contributions
6 Cmti
7 Investment IIKOOK
" Income from Endowment
9 Contracts
10 Products and Services
11 Inler-Red Cross Revenues
'^ Odier Revenues and Glim/(Lossei)
'^ ReclasiiTicalionj to Unrestricled Gass
'•* TOTAL CONTRIBUnO*iS,RCVeNIJCA«0 GAINS
EXPENSES BY PSC
15 Services to Chaptcn
16 Services to Armed Forces (SAO
IT Disaster Services
\ t Biomedical Services
19 Heillh Services
20 Community Services
21 International Services
22 TOTAL Program Services
23 Membership and Fundraising
24 Management and General
25 TOTAL Supporting Sen ices
26 National Sector-Chapter Assessment
27 TOTAL EXPENSES
28 EXCESS /(DEFICIT) OF REVENUES OVER EXPENSES
29 Cumulative ErTcct of Accounting OiBige/Olber
30 TransferofNetAiieta to/from Another ARC Unit
31 Change in Net Assets
32 NetAssetialBeginniBgarVcar
33 NetAiidaatEndafYear
Account
411
412
413
42
43
461-462
44
45
463-464
47-48
49
714
Note
6
Sched
5
6
7
8
9
ID
12
13
14
Unrestricted
109.692
146,448
54.292
0
26J74
0
3.802
0
2.151
79,092
72,059
2,973
1,117,657
1.614,540
Tdnporarily Restiicted
0
31.033
0
0
0
190,000
0
0
0
0
0
(1.117,657)
(896.524)
Permanentty Restricted
0
U
0
0
0
0
0
Total
109,692
177,481
54,292
0
26374
190,000
3.802
0
2,151
79,092
72.059
2.973
0
717,916
PSC/ Account
05
10
20
30
40
60
70
SO
90
00
Note Sched Unrestricted
9.449
64,550
270,332
0
108,700
61,264
0
514,295
31.457
32.598
64,055
66,917
645,267
Temporarily Restricted Permaneody Restricted Total
9.449
64.550
270J32
0
108,700
61.264
0
514.295
31.457
32.598
64.055
66.917
645.267
969.273 (896,624) | 0 72,649
715
716
12 0
0
969,273
63S,602
1,627,875
0
0
|8%.624)
1,067,266
170,642
0
0
0
0
0
0
0
72,649
1.725,868
1,798,517
See Accompanyini Notes to Financial Statemcais
NKQ Finance. Chapter Reporting Paes3ofl9
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Aro»rican FYIO Annual Chapter Financial Statements for Central Louisiana Chapter
Statement or Functional Expenses For the Fiscal Year Ended June 30,2010
PART IV Inchide finmcial activity in Service Deli 'eI>- Areas (SDAs) and Certified Service Delivery UniU (CSDUi).
Alexandria, LA
POSTED: FINAL
EXPENSES:
' Compensation (Salaries and Wages)
^ EmplojeeBenefiu
^ Travel Expenses
* Financial and Maierial Assistance
^ Supplies A Materials
^ Equipment • Maintenance £ Rental
^ Contracnial Sen ices
^ Dcpieciation and Amonization Expense
^ Inter Red Cross Expenses
' " National Sector • (Thapter Aisesimcnt
" TOTAL EXPENSES
EXPENSES:
1^ Com peniation (Salaries and Wages)
' ' Employee Benefits
" Travel Expenses
' ^ Fmancial and Material AssiitsicG
1^ Supplies £ Materials
I ^ Equipment • Miiiilenance & Rental
I ' Contractual Sen ices
' " Depieciatian and Amortization Expense
^^ Inter Red Cross Expenses
^ ' Katumil Sector - Chapter AtsctsmeM
22 TOTAL EXPENSES
Account
51
J2
S3
54
55-56
57
58-67
69
5x7
54710
Services to Chapters PSC OS
0
0
2,268
0
10
0
7,171
0
0
0
9,449
Services to Armed Forces PSC 10
23,902
1,749
676
2,127
3,021
11,886
18,286
0
2.903
6,692
7 iJ42
Disaster Services PSC 20
69.187
5.063
2.342
97.795
3,506
11.939
42,134
30,424
7,942
33,459
303,791
Biomedical Service! PSC 30
0
0
0
0
0
0
0
0
0
0
0
Heahh Services PSC 40
62,594
4,581
4,871
1.193
5.131
8.238
15.585
0
6.507
13,383
122.083
AcceoBt
51
52
53
54
55-S6
57
58-67
69
5x7
54710
Community Services PSC 60
41,549
3.492
1.121
139
1,058
0
7,895
0
6,010
Q
61.264
Intent ational Services PSC 70
0
0
0
0
0
0
0
0
0
6.691
6.692
TOTAL Program Services
PSC 05-70
197.232
14,885
11,278
101,254
12,726
32,063
91,071
30,424
23,362
6QJ16
574,521
Membership & Fnadraisiag
PSC 80
27,467
2,010
0
629
57
0
996
29!
2,677
34.134
Managemcnl and General PSC 90
15,373
1,125
530
765
235
0
10,932
3,638
4,014
36,612
EXPENSES:
23 Compensation (Salaries and Wages)
2'* Employee Benefits
" Travel Expenses
26 Financial and Material Asiistance
2^ Supplies & Materials
2* Equipment - Maintenance & Rental
2^ ConUBcnial Services
•''' Depreciation and Amortization Expense
^ ' Inter Red Cross Ejqjenses
' 2 National Sector - Chapter Asiesimeni
33 TOTAL EXPENSES
Account
51
52
53
54
5 5 - 5 6
57
5 8 - 6 7
69
5x7
54710
TOTAL Sapporting Services
PSC 80 A 90
42,840
3,135
530
1J94
292
0
11,928
0
3,936
6,691
70,746
TOTAL For Current V t u (All Programi &
Suooort)
240,072
18,020
11,808
102,648
13,018
32,063
102,999
30.424
27J9B
66,917
645,267
Special Events Expenses
PSC 88
0
0
0
0
14.114
382
0
0
0
14,496
GRAND TOTAL For Current Year • Spedal
Events l adaded
240,072
18,020
11,808
102,648
27,132
32,445
102.999
30,424
27,298
66,917
659,763
Sec Accompanying Notes tu Fiaandal Statements
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^ American FYIO Annual Chapter Financial Statements • RedCrou for Central Louisiana Chapter
Statement of Cash Flows For the Fiscal Year Ended June 30,2010
PARTV Inchide financial activity in Service Delivxry Areas (SDAs) and Certified Service Delivery Units (CSDUs).
POSTED: FINAL
Cask n a m from Operating Activities:
1 Change m Net Assets
Adjuttinenls to Reconcile Changes in Net Assets to
Net Cash Piovided b>' Operating Activities:
2 t Depreciation and Amortualion
+ Net Investment and Derivative (Gains) / Losses
^ + Provision for Doubtful Account! Receivable
' * Provision for Obsolete Inventory
^ (Gains) / Losses on Sale of Land, Buildings and Equipment, Net
' - Pennanaitly Restricted Contributions and Revenue
t Cumulative EITecl of Accounting Change
' +/- Less Donated Fixed Assets
Chmgci in Asieta aid Liabilities
(Increase) / Decrease in Receivables, Including Pledges
(Increase) / Dccruaie in Inventories
(Increase) / Decrease in Prepaid E>q>enses and Other Assets
Inciease /(Deciease) in Accounts Pavablc and Accrued Eqienies
Inciease / (Decrease) in OOia Liabilities
10
11
12
13
14
15 w -
16 Net Cash Provided / (Used) bv- Operating Activities
FVIO Totals
72,649
30,424
(3.81 J)
(18,500)
(42,697)
(7,663)
9,267
17,521
57,186
Mexmdna, LA
Cash Flows from Investing Acliiities:
17 - Purchases of Land, Buildings and Equipmenl
•° •*• PnxeedsfrDm Sale of Land. Buildings and Equipment
1 9 . Purchases of Investments
20 -I- Proceeds from Sale of Investments
21-w-
22 Net Cash Provided/(Used) b> Investing Activities
(1.175,377)
893,474
(282,103)
Cash Flows from Financing Activities:
23 + Pennanently ResDicted (jinUibutions and hicome
24 + Proceeds from Botrowingi
2^ - R^aymenli of Debt
26-t/-
27 Net Cash Provided / (Used) b^ Financing Activities
2S Increase / (Decrease) m Cash and Cash Equivalents
29 Cash aad Cash Equivalcnu at Beginning of Year
30 Cash aad Cash Equivalents at End of Year
(224,917)
292,704
67,787
Supplemeatal Disclosures ol Cash Flow Information:
Cash Paid During Ihe Year for Interest
Non-Caifa bvenrng end Financing Tianiactioni:
' Acquisition of Equipment Under Capital Lease Agreements
Donated Stwik and Beneficial Interest in Perpetual Trust
Sec Accompaaying Notes to Finaadal Statements
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American FYIO Annual Chapter Financial Statements Red Cross for Central Louisiana Chapter POSTEB: FINAL
Notes to the Financial Statements For the Fiscal Year Ended June 30,2010
PART VI Inchide fmancial activity in Service Delit ci> /Vreas (SDAs) and Ccrtiried Service Deliver)- Units (CSDUt).
Refer to ACFS bistructions and FMPP Tor guidance.
Alexandria. LA
NOTE I. SUMMARV OF SIGNIFICANT ACCOUNTING POUCIES
ORGANIZATION AND BASIS OF PRESENTATION - The chapter is a chattered unit of die American Red Cimi, a ••l-for-profit organization incorporated under the lan^ ofthe District of Columbia and exempt from federal income taxes under Section 501(cK3) ofthe tntcmal Revenue Code, except on net income deriv-ed from nnielaied business activities. A consolidated Exempt Organization Business Income Tax Retum (Form 990-T) is filed by and only by American Red Crasi headquarters for die oiganizilion as a nhote
PROGRAM ACTIVITIES - These activities may include armed forces emergency services, disaster services, biomedical ssvices, health and lafely services, Gommnnit>' services, and international leivices.
CONTRIBUTIONS - All contnbuiians are considered to be available for the general pregrami ofthe chapter unless ipeciTKBlly resnicted by the donor. The Organization reports giRs of cash and other assels as restricted suMwn if the>'are lecdved vnth donor itipulatians dial limit the use of die donated asseta When a donor restriction expires^ itipulaled lime icibiclion ends or purpose restriction is accomplished, temporarily resuicled net assets are leclaisified to unrestricted net assets and reported in die statement of activities as net assets released
from rcstriclions. Donor-restricted contributions are bwdLeil in die temporarily restricted class for restrictions expning during diia fiscal year, and then reclasiified to die unrestricted class. ConOibubons roceivodby the chapter ate shared widi national headquarlen. The provisions forcxpirationofrcstrictions on temporarily reiBicted net assets were adopted pniipectivel>.
DONATED SERVICES AND MATERIALS - Amounts have been reported in the fmancial italcmcnls for i-oluntaiy donations of services when dioie service create or enhance non-IinandalaitetsoTrequireipecialiadsUllspravidcdby individuals possessing diDK skills and which would be typically purchased if not proiided by donali Donated material) ate recorded al the fait value at die date of die gih. (If total in-kind items are material, attach page to indicate the piogiam services involved.)
LAND, BUILDINGS, AND EQUIPMENT - Purchases of land, buildings md equipment having a unit cost of 12,500 or more and m estimated useful life of diree or more years are capitalized at cost Donated assets o e capitalized at die estimated fair moitet value at dme of receipt Certain donated services are c^ital isd as improvements when those scrvicca enhance die value of assets.
Intetestejqienie, less rdaled interest income carried on preceedj of tax-exempt income, earned on proceeds of tax-exempt borrowing, iscapitalized as a cost of construction until the asset is ready for its mtaideduse. Dcpieciation iscomputedusii^ die itrai^t-line method over die estunated useful lives ofOie assets. It is not American Red Cioss'policy to implj-time restrictions expiring over the useful life of donated assets, hi absence of donor-imposed restrictions on die use ofthe asset, gills of long-lived assets are reported as omestrictcd support
• INVESTMENTS •Investments are reported at faii value, which is determined by using quoted maAet prices, where available. Where not available, die pieiem value of estimated funire cash Hows or anodier reasonable medwd is used. No investment or group o( inveitmenls represents a significant concentration of credit or market risk.
INVENTORIES - Supplies inventories purchased for use in pn^tam and nippoiting services are earned at die lower of finl-in, (irst-ont cost or martlet.
USE OF ESTIMATES - The preparation of fmancial statements in accordance widi Generally Accepted Accounting Principles requires management to md:e estimates and assumptions diat affect die reported . amounts of assets and liabilitiel at die date of die fmancial statements and die rcponed amounts of raienues and expenses during die reporting period. Actual results could differ from those estimates.
OTHER P O U Q E S ~ Attach Page(s)
NOTE 2. RETIREMENT PLANS
1 -A. American Red OossRcdremeni System? Yes | jattj \
2 B. Odier Pension Plan? No
C If B ia Yes, did projected benefit obligations exceed
^ pension plan assets at fiscal year end?
4 D.ARC401(k)Plan7
' E.Odier401(k)Plani7
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American Red Cross
FYIO Annual Chapter Financial Statements for Central Louisiana Chapter
Notes to the Financial Statements For tbe Fiscal Year Ended June 30,2010
PART VI (cont) include financial activity in Service DeUvery Areas (SD/^) and Certified Service Delivery Units (CSDUs).
Alexandria, LA
18050
POSTED: HNAL
NOTE 3. POSTRETKEMENT BENEFITS
I A. American Red Cross Life and Healdi Benefiti Plan?
2 B Odier Life Insurance and Heahh Hans?
* If B is Yes, complete C. 1 and C.2 next
3 C. I. Service Cost ofBcnefits Eamed
4 Inteiest Cost on Liabdity
5 Net Postretirement Benefn O s t
C.2. The Accumulatod Postretirement Benefit
OUigation (APBO) at aid of year was:
Retitees
Fully Eligible Active Plan Participants
Other Active Participants
AMumulated PosUctiremenl Benefn Obligation
NOTE 4. COMMITMENTS AND C O N T I N G E N a E S
A. Schedule of minimum future rent/lease commitmenti under nan-cancellable
operating lease agreements for the fiscal years ending June 30:
17 B Rent/Lease Expense for Fiscal Year
C. Other significant commitments or contingencies are as fallows:
2011
2012
2013
2014
2015
2016 and bej-ond
TOTAL
ToUl
0
_ ^ 0
0
,„"„. . ' i ^^.^i.^. „ 0
"6 0
"~'"'Z^Z. P
Total
28.000
18
18050 08/30/2010 15:18 18 NHQ Finance, Chapter Reporting Page 7 of 19
https://acfsforms.redcross.org/LoadForm.aspx?FORM=FY2010_ACFS_ACCRUAL_ALL... 8/31/2010
Infopath Form Page 8 of 26
+ American Red Cross
FYIO Annual Chapter Financial Statements for Central Louisiana Chapter
Notes to the Financial Statements For the Fiscal Year Ended June 30,2010
PART VI (cont) Inchide fmancial activity in Service Delivery Areas (SDAs) and Certified Service Deliveiy Units (CSDUi).
POSTED: HNAL
Alexandria. LA
NOTE S. NOTES, MORTGAGES, BONDS AND CAPITAL LEASES PAYABLE
A. FUNDED DEBT
1 Fixed or Variable Rates
2 Interest Rates (%)
3 Final Maturi^ Date
4 General Obligauons (GO.) or Pledged Assets (PA.)
Scheduled Principal Maturities for Fiscal Years
5 Endmg June 30-
6
7
2011
2012
2013
2014
2015
2016 to [hie Date
TOTAL Principal Due
Debt with Local Institutes Accoinl 211.
212 & 219
0
0
0
0
0
0
0
Nog-Ta iE iempt
Wachovia Notes Account I IS
OOO
1/1/2001
0
0
0
0
0
0
0
Tai Eiempl
TasEiempt Boadt Acconnt 216
000
1/1/2001
0
0
0
0
0
0
0
Have events of default occurred?
If Yes, have appropnate waivers been obtained?
B. CAPfTAL LEASES
I. The following repiesents the glass and net book value of leased property under cqiital leases included in land, buildings and equipment:
14 Land
13 Buildings and improvements
16 Equipmenl
17 TOTAL Before Amortization
18 Less. Accumulated Amortization
19 NET BOOK VALUE AT END OF YEAR
AitlOBDt Iichiifcd in Account Balance
2. The following ii a schedule by years of the liitute minimum lease payments
under capital lease obligations and die present value of die
net minimum leasepa>'mentsasaf hine 30:
TOTAL Minimum Lease Payments
Leii: Amount Representing Interest
PRESENT VALUE of Net Minimum Lease Payments
NHQ Fmance, Chapter Rqwiung
201)
2012
2013
2014
201J
2016 £ Beyond
Capital Leases Account 213
0
0
0
0
0
0
0
0
0
18050 08/30/201015.1818 P%e8afl9
https://acfsforms.redcross.org/LoadForm.aspx?FORM=FY2010 ACFS ACCRUAL ALL... 8/31/2010
CENTRAL LOUISIANA CHAPTER AMERICAN RED CROSS
Notes to Financial Statements June 30,2010
Note 1 - Summary of Significant Accounting Policies, Continued
Cash and Cash Equivalents Cash and cash equivalents represent unrestricted and restricted bank deposits and highly liquid investments with original maturities of three months or less.
Note 17 - All Other Receivables
Accounts receivable includes Program Service receivables of $12,775 that are recognized when services are rendered. Non-Inter Red Cross receivables are due 30 days after the invoice date. All receivables outstanding after the 30 days are considered past due. Uncollectible amounts are written off using the direct write off method.
Note 18 - Benefit Plan
The reporting entity participates in a defined benefit retirement plan administered by the American Red Cross Retirement System that covers substantially all employees. Employees are enrolled as participants into the Retirement System after one full year of service and employees become ftilly vested after five years of service. The Red Cross makes all the required contributions to provide these pension benefits. No contributions are required of employees. Benefits under this "defined-benefit" pension plan are calculated using a mathematical formula which uses factors including compensation and years of credited service. Employees are eligible to receive a monthly pension benefit at age 65 with 5 years vesting service, or a reduced monthly pension as early as age 55 with 10 years vesting service.
Since February 2000, chapters can choose whether or not to participate in the American Red Cross Savings Plan. If a chapter does participate, an employee (immediately upon hire) can contribute up to the combined pre- and after-tax maximum. Red Cross matches dollar for every dollar up to the first 4% of pay contributed.
Vesting: Employees hired prior to July 1, 2005 are immediately 100% vested in the Red Cross matching contributions, and employees hired on or after July 1, 2005 must have 3 years of service to be vested in the Red Cross matching contribution.
The American Red Cross is a single corporate legal entity composed of local chapters. Blood Services Regions, Tissue Services Areas, stations on military bases and in military hospitals worldwide, a national headquarters. Service Area offices, and our national biomedical testing and research laboratories. Accordingly, the Retirement System includes numerous participating chapters and blood regions. It is not practical for the actuary to compute accumulated and projected benefit obligations for individual chapters or blood services regions. Accumulated and projected benefit obligations and other required disclosures for the entire American Red Cross are presented in the organization's consolidated financial statements.
CENTRAL LOUISIANA CHAPTER AMERICAN RED CROSS
Notes to Financial Statements June 30, 2010
Note 19 - Postretirement Benefits
The American Red Cross provides medical and dental benefits to eligible retirees and their eligible dependents. Generally, retirees and employer units pay a portion of the premium costs and the medical and dental plans pay a stated percentage of expenses reduced by deductibles and other coverage. The American Red Cross has the right to modify cost-sharing provisions at any time.
In addition, life insurance benefits of $5,000 are provided with no contributions required from the retirees. Life insurance benefits are generaUy provided by insurance contracts. Postretirement benefits are now accrued over the period the employee provides services to the organization. Prior to the change, such costs were charged to expense when paid. Since Red Cross is one corporate entity and most retirees participate in the single Red Cross benefits plan, providing separate disclosures for retirees associated with individual chapters or blood regions is not practical. Annual postretirement benefits expenses are recorded and disclosed for the entire American Red Cross in its consolidated financial statements.
The total cost incurred by the Chapter for postretirement benefits for the year ended June 30, 2010 was $356, which is included in employee benefits.
Note 20- Donated Products and Services
For the year ended June 30, 2010, donated products and services included $3,500 in professional fees, $18,500 in fixed assets $3,394 in fundraising items, and $980 of other products and services.
Note 21 - Cooperative Endeavor Agreement
On February 17, 2009 the Chapter entered into a cooperative endeavor with GAEDA for the restoration of a historic building to be used as Chapter headquarters. GAEDA will contribute $150,000 to the project in three equal consecutive yeariy installments. This contribution is contingent upon the appropriation of funds by GAEDA. If sufficient funding is not appropriated by GAEDA, the contribution for that year will be reduced to equal the amount that is appropriated. The Chapter has received the first and second payments of $50,000.
10
CENTRAL LOUISIANA CHAPTER AMERICAN RED CROSS
Notes to Financial Statements June 30,2010
Note 22 - Investments
The Chapter adopted FASB ASC 820 (formerly, SFAS No. 157) on July 1, 2008 for fair value measurements of investments that are recognized and disclosed at fair value in the financial statements on a recurring basis. ASC 820 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels ofthe fair value hierarchy are as follows:
• Level 1 inputs are quoted prices (unadjusted) in active markets for identical investments that the Organization has the ability to access at the measurement date.
• Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the investments, either directly or indirectly.
• Level 3 inputs are unobservable inputs for the investments.
The level in the fair value hierarchy within which a fair measurement in its entirety falls is based on the lowest level input that is significant to the fair value measurement in its entirety.
The Chapter holds investments in the Select Investment Program (SIP) in the amount of $20,001 at June 30, 2010. The American Red Cross Board of Governors established the Select Investment Program (SIP) to provide professionally managed investment funds to meet the investment needs of chartered units, national headquarters and the Endowment Fund. Participants in the SIP are able to take advantage of the cost efficiencies realized when many Red Cross participants with common investment goals, objectives and risk tolerances collectively invest their assets under central management. All contributions received by the American Red Cross resulting from solicitations for endowment gifts under wills, trusts, and similar instruments, and gifts to the American National Red Cross and local American Red Cross units with the stipulation that the principal be maintained intact in perpetuity are required to be invested in the Endowment Fund of the SIP. Endowment Fund assets are invested in the endowment share class of a fund of the SIP called the Select One Red Cross Endowment (SORCE) Fund. The SORCE Fund is a multi-asset investment portfolio designed for monies with long investment horizons. In March 2005, a separate class of shares for discretionary monies was established to accommodate providing the SORCE Fund to non-endowed assets. This class of shares is the DLTA class (Discretionary Long Term Allocation). In addition, all units of the American Red Cross may also invest non-endowed (discretionary) monies directly in seven other SIP fimds. Each SIP fimd, except for the SORCE Fund, is focused on a single asset class, but offers diversification to reduce security and industry specific risk. The Chapter holds an undivided interest in the underiying pool of assets of each fund within SIP.
11
CENTRAL LOUISIANA CHAPTER AMERICAN RED CROSS
Notes to Financial Statements June 30,2010
Note 22 - Investments (Continued) The following table represents the SIP fund investments for The American Red Cross that are measured at fair value on a recurring basis at June 30, 2010:
Level 1 Level 2 Level 3
6/30/2010
Total
SORCE FUND Endowment Fund
U.S. Govemment securities Corporate bonds and notes Common and preferred stocks Mortgage and asset backed securities
$ 33,515,323$ 21,247,234$ - $ 54,762,557 $ 14,701,235 $ 80,091,937 $ 7,885,982 $ 102,679,154 $126,445,362$ 43,952,347$ 61,176,138 $ 231,573,847 $ - $ 19,730,087 $ 43,690 $ 19,773,777
Marketable and nonmarketable alternative funds $ Commodities $ Money market and other _$
Total
- $ - $ 266,875,050 $ 266,875,050 $ - $ 12,149,167 $ - $ 12,149,167 $ 983,658 $ 25,790,562 $ - $ 26,774,220
$ 175,645,578 $202,961,334 $335,980,860 $714,587,772
DLTA FUND U.S. Govemment securities Corporate bonds and notes Common and preferred stocks Mortgage and asset backed securities Marketable and nonmarketable alternative funds Commodities Money market and other
Total
$ 7,369,431 $ 4,671,894 $ - $ 12,041,325 $ 3,232,543 S 17,610,810 $ 1,733,989 $ 22,577,342 $ 27,803,114$ 9,664,349$ 13,451,558$ 50,919,021 $ - $ 4,338,300 $ 9,607 $ 4,347,907 $ - $ - $ 58,681,136 $ 58,681,136 $ - $ 2,671,388 $ - $ 2,671,388 $ 216,289 $ 5,670,892 S - $ 5,887.181 S 38,621,377 $ 44.627,633 S 73,876,290 $ 157,125.300
Discretionary
Liquidity U.S. Govemment securities Corporate bonds and notes Common and preferred stocks Mortgage and asset backed securities Marketable and nonmarketable altemative funds Commodities Money market and other
Total
- $ 34,937,874 $ - S 72,478,641 $
- $ 34,937,874 •- $ 72,478,641
- $ 35,299,420$ 850,488 3 36,149,908 - $ - $ 23,774,511 $ 23,774,511
$ 17,603.605 $359,197.773 $ - $376,801,378 $ 17,603,605 3 501,913,708$ 24,624.999 $544,142.312
12
CENTRAL LOUISIANA CHAPTER AMERICAN RED CROSS
Notes to Financial Statements June 30, 2010
Note 22 - Investments (Contmued) Diversified Bond Fund
U.S. Govemment securities $ - $ 40,996,885 $ - $ 40,996,885 Corporate bonds and notes $ - $ 29,129,365 3 - 3 29,129,365 Common and preferred stocks $ - 3 - $ - $ Mortgage and asset backed securities $ - 3 37,760,288 $ -- - $ 37,760,288 Marketable and nonmarketable altemative fiinds $ - $ - 3 - $ Commodities $ - $ - 3 - $ Money market and other _S - 3 - $ - $• ;;;_
Total $ - $ 107,886,538 $ - 3 107,886,538
Long Duration Bond fund U.S. Govemment securities $ 2,078,251$ - $ - $ 2,078,251 Corporate bonds and notes $ - 3 16,118,938$ - $ 16,118,938 Common and preferred stocks $ - $ - $ - 3 Mortgage and asset backed securities $ - 3 - 3 - $ Marketable and nonmarketable altemative funds 3 - 3 - $ - $ Commodities S - 3 - $ - $ Money market and other $ - $ 506,801 $ - 3 506,801
Strategic Stock Fund U.S. Govemment securities Corporate bonds and notes Common and preferred stocks Mortgage and asset backed securities Marketable and nonmarketable altemative funds Commodities Money market and other
$ 2,078,251 3
3 - 3 3 - $ $ 32,852,739 $ 3 - $ 3 - 3 S - S 3 - $ $ 32,852,739 $
16,625,739 $
- $ - 3 - $ - $ - $ - $
1,368,686 3
1,368,686 $
- 3
• - $
- 3 41,816,710 $
- $ - 3 - $ - 3
41.816,710 $
18,703,990
--
74,669,449 ---
1,368,686
76,038,135
Broad Market Index Fund U.S. Govemment securities 3 - 3 - 3 - $ Corporate bonds and notes $ - $ - $ - 3 Common and preferred stocks 3 - $ 47,931,672 3 - 3 47,931,672 Mortgage and asset backed securities 3 - 3 - 3 - $ Marketable and nonmarketable altemative funds $ - $ - 3 - $ Commodities $ - $ - 3 . 3 Money market and other _$ -_$ 105 $ - $ 105
3 - 3 47,931,777 3 . - 3 47,931,777
13
CENTRAL LOUISIANA CHAPTER AMERICAN RED CROSS
Notes to Financial Statements June 30,2010
Note 22 - Investments (Continued) International Stock Fund
U.S. Govemment securities Corporate bonds and notes Common and preferred stocks Mortgage and asset backed securities Marketable and nonmarketable altemative funds Commodities Money market and other
- $
3 23,359,095 3
$ - $ $ - 3 3 - 3 3 30,785 3
3 23,389,880 3
5,654,874 $
- $ - 3
• - 3
757,580 3
6,412,454 $
- 3 29,013,969 - $
.- s - $
- 3 788,365
- $ 29,802,334
Short-Term Bond Fund U.S. Govemment securities Corporate bonds and notes Common and preferred stocks Mortgage and asset backed securities Marketable and nonmarketable altemative funds Commodities Money market and other
- $ 35,064,946 3
- $ - 3 - 3 9.162.903 $
$ 35,064,946 $
- $ 9,162,903
- $ 44,227,849 3 - $ 44,227,849
For the valuation of certain U.S Govemment securities, corporate bonds and notes, common and preferred stocks and money market and other at June 30, 2010, the Organization used quoted prices in principal active markets for identical assets as of the valuation date (Level 1).
For the valuation of commodities, certain U.S. Govenmient securities, corporate bonds and notes, common and preferred stocks, mortgage and asset backed securities and money market and other at June 30, 2010, the Organization used significant other observable inputs, particularly dealer market prices for comparable investments as ofthe valuation date (Level 2).
For the valuation of marketable and nonmarketable altemative funds, certain corporate bonds and notes, common and preferred stocks, mortgage and asset backed securities at June 30, 2010, the Organization used significant unobservable inputs including information from fund managers or general partners based on quoted market prices, if available, or other valuation methods (Level 3). Management reviews and evaluates the values provided by the fund manager and general partners and agrees with the valuation methods and assumptions used in determining the fair value of the altemative investments.
14
CENTRAL LOUISIANA CHAPTER AMERICAN RED CROSS
Notes to Financial Statements June 30, 2010
Note 22 - Investments (Continued)
The following table presents the American Red Cross' activity for assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) as defined in ASC 820 for the year ended June 30,2010:
SORCE FUND Endowment Fund Beginning Balance Total Realized and unrealized Purchases, settlements (net)
Transfers in and out of Level 3 (net)
Ending Balance
Corporate Bonds
7,444,916 2,117,650
(1,610,490)
(66,094)
7,885,982
Common and preferred
stocks
69.187,399 9,049,799
(17,776,048)
714,988
61,176,138
Mortgage and Asset Backed
58,453 3,880
(7,790)
(10,853)
43,690
Alternative Investments
229,250,735 26,633,922 (7,185,244)
18,175,637
266,875,050
Total
305,941,503 37,805,251 (26,579,572)
18,813,678
335,980,860
Total gains or losses for the period included in income attributable to the change in unrealized gains (or losses) relating to assets and liabilities held at the reporting date 2,117,649 6,330,279 488 13,237,172 21,685,588
DELTA FUND Beginning Balance Total ReaUzed and unrealized Purchases, settlements (net)
1,557,977 14.478.656 465,634 1,989,892
(354,118) (3,908.641)
12.233 47,974,669 64,023,535 853 5,856,332 8,312,711
(1,713) (1,579,910) (5,844,382)
Transfers in and out of Level 3 (net)
Ending Balance 64,496 891,651 (1,766) 6,430.045 7.384,426
1,733.989 13,451,558 9,607 58,681,136 73,876,290
Total gains or losses for the period included in income attributable to the change in unrealized gains (or losses) relating to assets and liabilities held at the reporting date 465,634 1,391,917 107 2,910,622 4,768,280
15
CENTRAL LOUISIANA CHAPTER AMERICAN RED CROSS
Notes to Financial Statements June 30, 2010
Note 22 - Investments (Continued) Discretionary
Liquidity Beginning Balance - - 913,908 46,647,635 47.561,543 Total Realized and unrealized - - 75,361 5,557,543 5,632,904 Purchases, settlements (net) - - (151,288) (28,963,198) (29,114,486)
Transfers in and out of Level 3 (net) : 12.507 532,531 545,038 Ending Balance : 850.488 23.774,511 24,624,999
Total gains or losses for the period included in income attributable to the change in unrealized gains (or losses) relating to assets and liabilities held at the reporting date - - 9,481 4,966,988 4,976,469
Strategic Stock Fund Beginning Balance - 49,388,144 - - 49,388,144 Total Realized and unrealized - 6,185,954 - - 6,185,954 Purchases, settlements (net) - (12,150,748) - - (12,150,748)
Transfers in and out of Level 3 (net) (1,606,640) - (1,606,640)
Ending Balance •• 41.816,710 - 41,816,710
Total gains or losses for the period included in income attributable to the change in unrealized gains (or losses) relating to assets and liabilities held at the reporting date - 4,327,038 - - 4,327,038
Accounting Standards Update No. 2009-12 amends ASC 820 to allow for the estimation of the fair value of investments in investment companies for which the investment does not have a readily determinable fair value using net asset value per share or its equivalent. Net asset value, in many instances may not equal fair value that would be calculated pursuant to ASC 820. Investments in corporate bonds and notes and common and preferred stocks of approximately S295 million and investments in altemative funds of approximately $480 million are reported at estimated fair value utilizing net asset values asofjune30,2010.
16
CENTRAL LOUISIANA CHAPTER AMERICAN RED CROSS
Notes to Financial Statements June 30, 2010
Note 22 - Investments (Continued)
The following summarizes the nature and risk of these investments as of June 30, 20
Fair Value Unfunded
Commitments Redemption Frequency
Redemption Notice Period
0:
Fund of hedge funds (a)
Hedged equity funds (c)
374,046,924
Global macro hedge funds (b) 21,846,475
145,610,586
Multistrategy and other hedge funds (d) 64,991,024
annually, tri-annually 100 days
monthly, quarterly, annually 5- 60 days
monthly, quarterly, annually 14- 90 days
monthly, quarterly, annually,
bi-annually, tri-annually 7- 90 days
Buyout and growth equity funds (e) 78,003,614 60,898,192
Distressed debt and tumaround funds (f) 40,099,353 8,998,315
Private real estate funds (g) 20,030,247 18,898.243
Venture capital funds (h) 14.132.654 8,506,171
Commodity sensitive private equity and infrastmcture funds (i) 21.391,879 12,221,953
Public equity commingled funds (j) 102,840,924 — weekly, monthly 1 - 30 days
Fixed income commingled funds (k) 191.922,035 Total
—weekly, monthly 1- 30 days
$774,915,715 $109,522,874
17
CENTRAL LOUISIANA CHAPTER AMERICAN RED CROSS
Notes to Financial Statements June 30, 2010
Note 22 - Investments (Continued)
(a) This category is invested in a fund of hedge funds. Underlying hedge fund strategies primarily include hedged equity, multistrategy, relative value, event driven and arbitrage strategies. The fair values of these investments have been estimated using the net asset value per share of the investments. While this is a single fund of funds. Red Cross is invested in multiple share classes. As of June 30, 2010, approximately 40 percent ofthe value of these investments is available for redemption on any December 31 and approximately 60 percent of the value of these investments is next available for redemption on December 31, 2012 and then every three years thereafter.
(b) This category is invested in global macro hedge funds. Underlying investments are primarily liquid instmments and their derivatives in fixed income, currency, commodities and equities. The funds include short positions as well as long positions and use leverage. The fair values of the investments in this category have been estimated using the net asset value per share of the investments. Several funds have legacy investments that have been segregated into illiquid vehicles - the value of these portions of the funds make up approximately 4 percent of the value of the investments in this category. The time at which these segregated investments will be liquidated cannot be estimated.
(c) This category is invested in hedge funds that invest primarily in U.S. and intemational equities as well as derivatives. These funds include short positions as well as long positions and use leverage. The fair values ofthe investments in this category have been estimated using the net asset value per share ofthe investments.
(d) This category is invested in hedge funds that are not exclusively global macro or hedged equity. Strategies include relative value, event driven, and arbitrage strategies. Underlying investments are typically the same as the types invested in both the public equity and fixed income commingled categories as well as derivatives. The funds include short positions as well as long positions and use leverage. Some funds may invest in private investments which are typically segregated into "side pockets" (a separate share class) and are not available for redemption until the investment is liquidated by the manager. The fair values of the investments in this category have been estimated using the net asset value per share of the investments. Approximately 4 percent ofthe value ofthe investments in this category is in funds in which full redemptions have been submitted but redemptions have been suspended and/or remaining investments are in side pockets. In addition, several funds that have not been redeemed have investments which are in side pockets - collectively these represent approximately 3.5 percent ofthe value of investments in this category. The time at which the investments in side pockets will be liquidated cannot be estimated.
18
CENTRAL LOUISIANA CHAPTER AMERICAN RED CROSS
Notes to Financial Statements June 30, 2010
Note 22 - Investments (Continued)
(e) This category is invested in private equity fiends and private equity funds of funds in tiie U.S. and outside ofthe U.S. whose mandates include leveraged buyouts and growth equity investments in companies. The fair values of the investments in this category have been estimated using the net asset value of the Red Cross' ownership interest in the partners' capital. The funds in this category do not permit redemptions.
(f) This category is invested in funds which primarily invest in distressed situations. Investments include marketable securities such as debt obligations and asset backed securities as well as non-marketable investments such as nonperforming and subperforming real estate loans, consumer loans, and distressed debt. Some funds include short positions. The fair values of the investments in this category have been estimated using the net asset value of the Red Cross' ownership interest in the partners' capital. The funds in this category do not permit redemptions.
(g) This category includes funds and a fimd of funds which invest in private real estate in the U.S. and outside the U.S. Property types are primarily office, industrial, residential and retail. The fair values ofthe investments in this category have been estimated using the net asset value of the Red Cross' ownership interest in the partners' capital. The fimds in this category do not permit redemptions.
(h) This category is invested in venture capital fimds and funds of venture capital fimds. Underlying investments are primarily private investments in early stage companies. The fair values of the investments in this category have been estimated using the net asset value of the Red Cross' ownership interest in the partners' capital. The funds in this category do not permit redemptions.
(i) This category is invested in funds and a fund of funds which make investments primarily in private oil and gas partnerships, timber, mineral and mining companies, and infi-astmcture such as ports, toll roads, airports and utilities. The fair values of the investments in this category have been estimated using the net asset value of the Red Cross' ownership interest in the partners' capital. Funds in this category tend to have longer fund lives. The funds in this category do not permit redemptions.
(j) This category primarily includes investments in publicly traded equity securities and instmments including common stocks and common stock equivalents, American, European or Global Depository Receipts, convertible preferred stocks, warrants, and other rights or instruments convertible into common stock and classes of stock combining various features of common and preferred stocks and securities. The fair values of the investments in this category have been estimated using the net asset value per share ofthe investments. Certain investments in this category include gate provisions that do not exceed more than one year after the initial redemption request period, with the fund
19
CENTRAL LOUISIANA CHAPTER AMERICAN RED CROSS
Notes to Financial Statements June 30,2010
Note 22 - Investments (Continued)
manager having ultimate discretion which may allow for halting all redemptions for an extended period.
(k) This category is invested primarily in publicly traded fixed income securities and instmments including debt obligations of the U.S. govenunent and agencies, non-U.S. sovereign debt, corporate bonds, mortgage and asset backed securities. The fair values of the investments in this category have been estimated using the net asset value per share of the investments. Certain investments in this category include gate provisions that do not exceed more than one year after the initial redemption request period, with the fund manager having ultimate discretion which may allow for halting all redemptions for an extended period.
(e), (f), (g), (h), (i) Non-marketable funds do not permit redemptions. Retum of capital is at the manager's discretion, subject to provisions documented in limited partnership agreements. In general, capital and realized gains are distributed to investors when an investment is liquidated. Interim distributions of interest, operating income and dividends are made by some funds. Some funds are able to recall distributions. It is estimated that the majority of underlying assets of the funds will be liquidated over the next ten years.
(b), (c), (d) The majority of the hedge funds in these categories have gate provisions, which allow a manager to limit redemptions despite the normal liquidity provisions if they receive redemptions in excess of the gate (a level stated in their goveming documents).
Note 23 - Subsequent Events
Beginning July 1, 2010, the Chapter has outsourced the accounting function to a Center of Excellence in Dallas. The Chapter will receive financial statements and reports based on it's performance, but will be audited at the center level.
Note 24 - Credit Risk
Financial instmments that potentially subject the Chapter to credit risk include investments in the American Red Cross's Select Investments Program. Future changes in economic conditions may make these investments less valuable.
20
Infopath Form Page 9 of 26
+ American FYIO Annual Chapter Financial Statements Re^ Cross for Central Louisiana Chapter
Notes to the Financial Statenients For the Fiscal Year Ended June 30,2010
PART VI (cont) Include fuuncisl acuvi - In Sen-ice Delivery Aieu (SDAif and CcruTicd Service Delii ery Uniu (CSDUs). Uexandtia, LA
POSTED: FINAL
NOTE 5 (cont.). NOTES. MORTGAGES, BONDS AND CAPITAL LEASES PAYABLE
C. NOTES, MORTGAGES. AND BONDS PAYABLE -INTER RED CROSS
1 Intcral Rslei - Annuit Peiccnuge Rttes (APR)
2 DncDgin
Sdieduled Principal Malmilies for Fiscal Yean ending June 30:
3
4
3
6
7
2011
21)12
2013
2014
2015
2016 lo Due Dau
TOTAL Principal Due
NHQ Intentil Loan (ind. NHQIoucprot.)
Acconnt 2)14
HlflOOl
0
" 0
0
0
0
0
Other Cb«ptcTi Acconnt1S24
000
\i\nM\
0
0
0
0
0
0
0
Blood RCEIOU Acconnt 2134
0.00
ifiaoQi
0
0
0
0
0
0
D
D. SLMMARV OF NOTES, MORTGAGES, BONDS, AND CAPITAL LEASES
10 D^l with Local iDstilulet
11 Wachoiia Nolei
12 Tax Exempt Bondi
13 Capital Lesiei
14 Nolei, Bonds Pa>able - National
[5 Notes. Bonds Payable - Ch^len
16 Notes, Bonds Payable • Rcsions
17 TOTAL
Account
Z I I ,Z12£2 I9
21)
216
213
2814
2124
2834
Short Tcnn Drbt
0
0
0
0
D
D
0
0
Long Term Dri>t
0
0
0
0
u 0
0
0
Total
0
0
0
0
0
0
0
0
E. THE FUNDED DEBT IN SECTION A ARE COLLATERALIZED WITH THE FOLLOWING PROPERTY
Debt Secured by a Lien on Aiieti:
IS Land
19 Building
20 Equipmoil
21 TOTAL
Amonni et Loans
0
0
0
0
Book Vahic ol Aiseu with Ueni
0
0
0
0
Eiti mated Mnritet Value of Assets
0
0
0
0
NHQ Finance, Chaptei Rcponing P«e 9 of 19 IKOSO 08/30/2010 1318-18
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American FYIO Annual Chapter Financial Statements i ^ Cross for Central Louisiana Chapter
Notes to the Financial Statements For the Fiscal Year Ended June 30,2010
PART VI (cont) Include fmancial aclinl> in Seivice Deliveiy Areas (SDAs) and Cenified Service Deliveiy Units (CSDUi).
Akxandna. LA
POSTED: FINAL
NOTE e. INVESTMENTS AT END OF YEAR
A. Cadi Equivalents rvcluslfted to Acconnl l i s :
I Money Maiket and Cash Equivalents 136,836
B. Composition o l Inveitmcou:
Sdect Investmcnl Procram Fnnds (Inclnding Red Cross Endowmeit);
2 Liquidity Fund (LQF)
3 Bond Fnnds (DBF. STB. LDB)
4 Equity Funds (SSF. tDX. ISF)
3 SORCE Fund and DLTA Class
6 TOTAL Select [nvesbnent Pngism Funds (bicluding Red Cross Endonmenl)
Non-Select Ini-eilmcnl Program Fnnds:
7 CenirKatcs of Dcposils, Commercial Paper, Repurchase Agieements
i High-Yield Deposits
9 Federal Inslnimenti (Ttcasury and Agency Bonds)
10 Common Stock (Donated)
11 Cotponne Bonds
Olhei Investments (i e. Mutual Funds. Commingled Trust Funds, etc.):
12
13
14
[3 TOTAL Non-Select Investment Program Funds
16 TOTAL Investments
Account
128
I2S
12S
128
121.123.125
121
122
12400
127
129
Unrestricted
2.S3t
17.471
C
1]
20,001
4,831
28.49i
0
I
(
1
1
0
33.326
33,327
Temporarily Ratrictcd
( I
I
0
0
35,000
0
0
0
0
0
0
0
35.000
35,000
Pennaaently Ratrictcd
0
0
c
0
0
0
0
0
c
0
0
fl 0
0
1
Total
2J30
17.471
0
0
20,001
39,831
28,493
D
0
0
0
0
0
68,326
88,32?
Short Term Investments
2,S30
( ( 0
2,330
39.S3I
Lang Term Invcstmenu
( 17.471
( {
17,471
{
28.493
0 C
c fs
0 {
,; 0 ' .:
39,831
42.36
28,495
43,96(
17 C. Are there any non SIP mvestments classified as level 2 or 3 as defmed t^ FASB ASC 8207
If yes. please provide additional footnolc documcnUlion on Level 2 and 3 inveslmenls.
D. Investment Income:
18 Interest
19 Dividend]
20 Realized Cains / (Losses) from Sale of Securities
21 UnrealiKdGaiRs/(Losses)DnSecuiiPesHeldalEndorPeiiod
22 Cains / (Losses) on Sale / Disposition of Other Assets
23 Odier
24 TOTAL Investment Income
Account
441
442
443
44320
446
444 £449
44x
Unrestricted
6,335
393
(3,126)
0
0
0
3,802
Temporarily Restricted
D
0
0
0
0
0
0
Perman colly Restricted
0
0
0
0
0
0
0
ToUl
6,333
393
(3,126)
0
0
0
3.802
NOTE T. ALLOWANCE: Allimances areprov-ided for amounts, including pledges.estimated lo be uncollectible.
They hat-c been offset against the related receivable on the balance sheet as rollowi:
25 Beginning Balance of Allowance for Uncoilectibles
26 Less: Write-offs Duiing Year
27 Add: Expense for the Fiscal Year
28 TOTAL Ending Balance Allon-ance for Uncollectible Accounts
Receivable Amonat
0
0
0
0
Inventory Amonni
0
0
0
D
NHQ Finance. Chqitd Reponing Page 10 of 19
18050 08/30/2010 15.18.18
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+ American Red Cross
FYIO Annual Chapter Financial Statements for Central Louisiana Chapter
Notes to Ihe Financial Statements For the Fiscal Year Ended June 30,2010
PARTVKcont.)
Include fmancial acl"ity in Service Delivery Areas (SDAs) and CertiTied Service Delivery Units (CSDUs).
NOTE 8. RELATEP PARTY TRANSACTIONS - (Attach a suiement).
POSTED: FINAL
Alciundna,LA
18050
NOTE 9. INTER-COMPANV DISCLOSURES
REQUIRED NATIONAL CONTRIBUTIONS DISCLOSURE
1 Prior Year Endmg Balance Owed to NHQ
2 Gross Conlribulions - Cuirent Year
3 LESS' All Expenses Deducted Fiom Contributions •
4 AmottnuobeBemnttdloHHQ
J LESS Amounts Paid Durmg die Fiscal Year
6 Balance Owed to NHQ ol End of Year
NOTE 10. TYPES OF RESTRICTIONS, TEMPORARILY AND
PERMANENTLY RESTRICTED NET ASSETS
Available for expenditure for the following programs:
7 Disaster Serv-ices
8 Health Services
9 Communis Services
10 Buildings and Equipment
11 Other
12 General Purpose - Time Reslncled (e.g. United W^)
Invesmcnts in Perpetuity, Income Which is Expendable to Support:
13 Ceneral Operations
14 Disista
15 Odier Programs
16 Other Inveslmenu
17 TOTAL Restricted Net Assets
Domestic Disaster Rdief
0
0
0
0
0
0
International Resimnse
0
0
0
0
0
0
Other National Initiatives
100
70.724
6.365
61.459
64,439
0
Total
100
70,724
6,365
64,459
64,439
0
• These amounts must be mcluded as expenses on the (uuncid statements.
reroporarily Reatiieled
11,661
138,981
0
0
170.642
Permanently Reitricted
0
0
0
0
0
NOTE 11m. lANO, BUILDINGS. EQUIPMENT, AND ACCUMULATED DEPRECIATION
18 Conjuuclion in Progms
19 Land
20 Buildings and Improvements
21 Less' Accumulated Depiecialion / Amortifalion
22 Equipment
23 Leu. Accumulated Depreciation - Equipmenl
24 Less- Accimtulaled Impaiimeni
25 Nel Fixed Asseu
Account
171
172
173
174
175
176
177
17x
LcutWd Impravemcnti Total
0
64.001
1^13,044
131,953
175,012
0
0
1.421,104
NOTE Ub. IMPAIRMENT AND OTHER DISCLOSURES Below are described Ihe required FASB ASC 360-10-33 disclosures for amounts listed on Line 24 for accumulated loi^-lived aucl impaiimenL
NHQ Fmance, Chapter Reporung P^e 11 of 19 18050 08/30/2010 15:18:18
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Tr American FYIO Annual Chapter Financial Statements RCKI Cross for Central Louisiana Chapter
Notes to the Financial Statements For the Fiscal Year Ended June 30,2010
PART VI (cont) Inchide rmmcial activity in Sen-ice Deliveiy Areas (SDAs) and Certified Service Deliveiy Units (CSDUs).
POSTED: FINAL
Alexandria, LA
18030
NOTE 11. CUMULATIVE EFFECT OF ACCOUNTING CHANGE / O T H E R (Acconnt 71500)
List below the impact of those ev-enti accounted for as a cumulative effect of change in acconntmg / other (to include exlraordiiiaiy items).
Descriptien of Change;
Total
Unrcttridcd
0
0
0
Temporarily Rulricted
0
0
0
PennancBtly Restrkled
0
0
0
ToUl
0
0
0
Ef planalioB for Events Described Atmve:
NOTE 13. FUTURE YEAR U N C O N D m O N A L PLEDGES (Any amonau included on Page 2, U n a 4 & 13)
Unconditioaal Promises to Give:
6 Amouni Receivable Within I Year
7 Less: Ailovi-ance for Uncoilectibles
8 TOTAL Due Widiin 1 Year
9 Amouni Receivable in 1 lo 5 Years
10 Amouni Receivable Beyond J Yean
11 TOTAL Due Be> and 1 Year
Gross Amonni Receivable
2.300
0
Disconni Amouni
0
0
Net of Discount (Present Vatae)
205,727
0
203,727
2,300
0
2,500
NOTE 14. CONDITIONAL PROMISES TO GIVE
(From chapter adminisdative icconls)
Dcicription ol amount for each grsup of unrecorded promises having similar (haradcrisllcs (snch as promises tonditioBed on eataUishing neti
prognuni , completing a new building, and railing matching ([ifis by aspedlicd dale, e tc) :
Cfearacleiistic:
12
13
11
15
16 TOTAL Amount ftomised Condilionall)-
Amonat
0
0
18050 08/30/201013:1818 NHQ Finance. Chapter Reponing Page 12 of 19
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American Red Cross
FYIO Annual Chapter Financial Statements for Central Louisiana Chapter
Notes to the Financial Statements For the Fiscal Year Ended June 30,2010
PART VI (cont) Include financial activity iti Service Delivery Areas (SDAs) and Ceniried Service Delivery Units (CSDUs).
NOTE 15. ALLOCATION O F JOINT COSTS (FASB ASC 958-720 and IRS 9M)
See FMPP Section 6.9.J: Accounting for Costs of Activities dial Inchnle Fundiaisiiig
1 Services to Chapters
2 Seivices lo Aimed Forces (SAF)
3 DiSBSIer Services
4 Biomedical Services
3 Hcaldi Services
6 Community Services
7 Intemational Services
8 TOTAL Progrun Services
9 Membership and Fundraising
10 Minagcncnl and Ceneral
11 TOTAL SuppoKing Services
12 TQTALofAllAllocSedJointCostt
PSC
05
10
20
30
40
60
70
80
90
Amount
• _ 0
0
^' ^0
" 6
0
.9 b
0
„ "
0
0
0
POSTED: FINAL
Alexandria, LA
18050
Types nf Activities For Which Joint CosU Hmv Incnrred:
NOTE 16, SPLIT INTEREST A G R E E M E K t DISCLOSURES - TRUSTS
Split-Interest Agreanents -The table below reprcscnls ccnain split-inicrcsl agreements that are trust assets adminislcied by a third party,
e.g., a bank or other fmancial institute, as defmed and discussed in the Financial Manual of Policy and Procedures (FMPP) Section 6.7.1
Description ol agreemenu lo include the rollowing (attaeh sheet(i)):
- A description ofthe general teimi of cxiiting split interest agreemcols
• The discount rates and actuaiial issuoiptions used in calculating present values.
• The basis used (for example, cost, knver of cost or maikel. fail maiict value) for recognized assets
Charitable Remainder Tmsts :
Assets'
14 Coatributioni Receiisblefnua CTiaiilatrleRemainderTniAs
Kevenuci:
15 Charitable Annuities Income
16 Cains / (Losses) on Value of Tiuii
Peipcta a) Tra i t s ;
Assets:
17 Beneficial Interest in Perpetual Trusts
Revalues:
18 Legacies, Bequest! Income
19 C»ni/(Losita)onVBhieofTTnn
Unrestricled
0
' " 6
0
0
0
0
Temporarily Restricted
0
0
0
' ' o
."." "".:.i'.i> 0
Permanently Restricted
0
'~ ' 0
0
' \ ,, ' . l o
0
6
Total
0
0
0
0
0
0
18050 08/}0/20IO 15:18.18
NHQ Finance. Chapter Reporting Pagel3on9
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SUPPLEMENTAL SCHEDULES
26
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FYIO Annual Chapter Financial Statenients
AmeriCM for Central Louisiana Cbapler Red Cross
Supplemental Schedules For tbe Fiscal Year Ended June 30,2010
PART VII Include nnancial activity in Service Delivery Areas (SDAs) and Certified Service Deliveiy Units (CSDUs).
Refer ID ACFS Instructions and FMPP for guidance.
SCHEDULE 1: INTER.RED CROSS RECEIVABLES
1 Due Ihim National Sector
2 Due Sum Chapten
3 Due from Blood Services Regions
4 TOTAL Inter-Red Crau Receivables
SCHEDULE 2; INTER-RED CROSS PAYABLES
5 Due to National Sector
6 Due 10 National Sector - Asscssmcnl
7 Due 10 National Sector - Funds Raised for National
8 DueloChaptas
9 Due m Blood Services Regions
10 TOTAL hitei-Red Creu Pa)-ables
POSTED: HNAL
Alexandria. LA
18050
Acconnt
181
182
183
I8x
Unrestricted
27,303
0
0
27;)03
Temporarily Reilricled
0
0
0
0
Pennanently Restricted
0
" 0
0
Total
27J03
0
0
27,303
Account
281
2811
28130
282
283
28x
Unrestricted
4,367
11,132
0
0
0
13,719
TaaporssUy Restricted
0
0
0
0
0
FtimaiKsiUy Restricted Total
4,367
11,132
0
0
0
15,719
SCHEDULE 3 : COMPOSITION OF UNRESTRICTED NET ASSETS
11 Designated for Contingencies
12 Designated for Equipmenl
13 Designated for Building
14 Designated for Disaster
15 Designated for Sinkmg Fond
16 Board-designated Qnaii-endowmenl
17 Net Assets • Designated OUier
18 Fmancial Activities Outside Local Jurisdiction
19 Undesignated Net Assets
20 TOTAL UniBSb-icted Net Assets
Acconnt
331
332
333
334
336
337
338
Unrestncted
0
0
30.000
0
0
0
0
0
1.377,875
1,627,875
SCHEDULE 4; CHAPTER ASSESSMENT PAYABLE R E C O N a L I A T I O N
21 Invoice for CunenI Fiscal Year
22 Less. Cash Ps>mcnts During Fiscal Year for Fiscal Year
^ Credits Applied to Invoice for Cunent Fiscal Vear
24 Amouni EhietoNHQon Cuirenl Year (Chapter Assessment
25 Add: AmountDueNH(JalEndofYearforFriorYeais
26 TOTAL Chapter Assessment Due to NHQ for All Years
66,917
3,693
i l . l52
11.152
NHQ Finance; Chapter Reporting 18050 08/30/2010 15:18:18
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FYIO Annual Chapter Financial Statements
+ AmSTic»n tor Central Louisiana Chapter
Supplemental Schedules For the Fiscal Year Ended June 30,2010
PART VII (cont.)
Include fmancial activity in Service Delivery Areas (SDAs) and Certified Service Delivery Units (CSDUs).
Refer to ACFS Instmctions and FMPP for guidance.
POSTED: FINAL
Alexandria, LA
18030
SCHEDULES-. FEDERATEDCONTRIftUTU>T(S
1 United Wa>-
2 CFC
3 All Other Federated Contributions
4 TOTAL Federated
Account
41110
41120
41130
411
Unrestricted
93.78H
15,904
0
109,692
Temporarily Restricted
0
0
0
0
Pcnnancsitly Restricted
Total
93,788
13,904
0
109,692
SCHEDULE*: MONETARY CONTRIBUTIONS
Coniorations
Foundations
General Public
Other Monetai}- Contributions
TOTAL Monetaiy Contributions
Acconnl
41210
41220
41230
41250
412
Unrestricted
37.S47
34,081
63,799
9,021
146,448
Tcmporaril) Reitrieied
0
31,033
0
0
31,033
Permanently Restricted
0
0
0
0
0
Total
37.347
63,114
63,799
9,021
177,48!
SCHEDULE 7: SPECIAL EVENTS REVENUE
10 (jTHSX Special Events
n Less. DiiectCostioCEvenls
12 Net Special Events Revenue
Unrestricted
68,788
14,496
34,292
Temporarily Restricted
0
0
0
Pennanently Restricted
Total
68,788
14,496
S4.292
SCHEDULES: IN-KIND CONTRIBUTIONS
13 Donated Materials
14 Donated Scrv ices
15 Donated Space and Utilities
16 Donated Pn>pcrt> and Equipment
17 Donated • Odier
18 TOTAL In-Kind ConDihulions
Unrestricted
26.374
0
0
0
0
26J74
Temporarily Restricted
0
0
0
0
0
0
Permancnlly Restricted
0
0
0
0
0
0
Total
26.374
0
0
0
0
26.374
NKQ Fmance. Cbapler Reporting P ^ e 13 of 19
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+ American Red Cross
FYIO Annual Chapter Financial Statements
for Central Louisiana Chapter
Supplemental Schedules
For the Fiscal Year Ended June 30,2010
POSTED: FINAL
PART VII (cont.) Inclndc financial activit>- in Service Delivery Areas (SDAs) and Certified Service Delivery Units (CSDUs).
Refer to ACFS InstrucUoni and FMPP for guidance.
SCHEDULE 9: GOVERNMENT & PRIVATE FOUNDATION GRANT INCOME
1 Private Foimdation / Corporation / Other Cnuiis:
2 Slats and Local Government Grams
3 TOTAL Gram Income
Alexandria, LA
Acconnl
46210
462
Unrolricted
0
Temporarily Reitricted
190,000
0
190,000
Permaocatly Reitricted
Tatal
190,000
0
_ 190,000
' Amounts should not include Inler-Red Cross accouits.
SCHEDULE 10: GOVERNMENT & PRIVATE FOUNDATION CONTRACT INCOME
Private Foundation Contiacis
Federally Derived Govemment Contracts
State and Local Govemmcni Contracts
TOTAL Contract Income
Acconnl
46410
463
464
Unrestricted
0
0
2,151
2,151
• Amounts should nol include tnter-Bed Cross accounu
SCHEDULE 11: EXPENSES ASSOCIATED W m i FEDERAL AWARDS"* Itidadc all federal, slate and local awards Hhose sanrce b the US tovcramcnt. List all - attach iheet if necessary
8
9
10
11
12
13
AGENCY: PURPOSE:
^ " Response - Disaster Relief
Acconnt
3xx/6xx
SXJL/SXH
5xx/6xx
5xx/6!a
5xx/6xx
Craal/Contract Number
42-2010
.. , „ ,..,' „ ,
Total from luached sheet
14 TOTAL ExpensesAsiociileduitb Federal Auards
Tatal Eipcnses
2,151
0
0
0
0
0
2.151
*** A-133 audits are required if there arc $500,000 or more in Federal award expcndiiures
During the fiscal )-eBr, wasyourchaptcrlub^ect loan A-133 audit?
NHQ Finance, Chapter Reporting Page 16 nf 19
18030 08^0/2010 15:18:18
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American R«l Cross
FYIO Annual Chapter Financial Statements for Central Louisiana Chapter
Supplemental Schedules For the Fiscal Ycaf Ended June 30.2010
PART VII (cont.) Include financial activity in Service Delivery Areas (SDAs) and Certified Service Deliv-eiy Unit* (CSDUs).
Refer to ACFS Instructions and FMPP for guidftnce.
SCHEDULE 11 : PRODUCTS & SERVICES (EXTERNAL)
Pmgnm Materials
Community Training Course Fees
Conuacl Training Course Fees
Third Party Provider Training Coune Fees
Blended Learning
Other Products and Services
TOTAL ProducU and Services
POSTED: FINAL
Alexandria. LA
SCHEDULE 13: INTER RED CROSS REVENUES
Monetaiy- ConOibutions — biler-Rcd Cross
% SDA RambnTScmeMi
9 903 Reimbursements
10 Olher Monetaiy C(<iitnbutiDfls
11 In-Kind Conliibuuons
12 Assesamails (include prior y e v fund campaign wnte-ofTs)
n FedcnHy Derived Conlncts
14 Non-fedeially Derived Grants and Contracts
15 PiDducis and Services
16 Other Revenues
17 TOTAL Inter Red O o s i Revenues
SCHEDULE 14: OTHE»REVENUES,GAINS,ANDLOSSES
18 Ro)-alttes
19 Rem (non-taxable)
20 Proceed] From Sale of Fined Assets
21 Less: Book Value of Fixed Assets Sold
21 C u u r (Lossei>iin Sato oTFixed Assets
23 Unrelated Taxable Income
24 Unrelated Debl-fmanccd Rental Income
23 Miscellaneous Rei-cnues, Gains and Losses
26 TOTAL Other Rcvesu^s, Cains and Loiier
Actnrat
475
481
482
483
484
489
Unrturtcted
0
16.156
10.798
34.ISO
0
17,988
79,092
Temporarily Ra t rk l cd
0
0
0
0
0
0
0
Pcrmaneatly Restricted
T u i l
0
16,156
|0,79S
34,150
0
17.988
79.092
Acconnt
4127/4137
4J270
43970
46270
463
462/464
47xM
National Sector
J l .6 i8
200
0
0
21.097
13,000
124
0
72,059
Chaptcn
0
0
0
0
Wood Service Rccioas
0
0
0
0
0
0
0
0
0
0
Total
31.63%
0
200
0
D
21,W7
13,000
124
D
72,059
Account
491
492
494
49790
49710
493 & 499
Unrestricted
0
2.580
0
0
0
0
0
393
2.97J
Tcmporaril)' Itettricted
0
0
0
0
0
0
0
0
0
Pcrmaaeatl}' RtMricted
0
0
0
0
0
0
0
0
0
Total
0
2,580
0
0
0
0
0
393
2.97J
Provide an explanation of I in MiscellaaeoHs Revennci, Gaint and Losses, If BmoaDI is> 10% afTOTAL Rcvcnnc.
NKQ Finmeo. ChaiiUi Rcponiitg Page 17 of \ 9
II050OB/30/201015 18 IS
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American Red Cross
FYIO Annual Chapter Financial Statements for Central Louisiana Chapter
Supplemental Schedules For the Fiscal Year Ended June 30,2010
PART VII (cont.) Include fmancial adivi^ in Service Deliveiy Areas (SDAs) and Certified Ser\-ice Delivery Units (CSDUs).
Refer lo ACFS Instructions and FMPP for gnidance.
POSTED: FINAL
Alexandria, LA
18050
SCHEDULE IS: INTER RED CROSS EXPENSES {OTHER THAN CHAFFER ASSESSMENT)
1
2
3
4
5
6
7
8
9
10
11
12
13
Service to Chapters
Ser%-ices to Armed Forces (SAF)
Disaster Services
Biomedical Services
Health Servicea
Community Services
International Services
TOTAL Program Sen-ices
Membership and Fundraising
Managcmcnl and General
TOTAL Support Services
Special Event Expenses
TOTAL IRC Expenses
PSC
03
10
20
30
40
60
70
80
90
88
National Sector
0
2,903
6,101
0
6,507
6,010
0
21.521
298
3.638
3.936
25.437
Chapters
0
0
I.R4t
0
0
0
0
1,841
0
0
0
0
1,841
Blood Service Regioni
0
0
0
0
0
0
0
0
0
0
0
0
0
Total
0
2.903
7.942
0
6.507
6.010
0
23J62
298
3.638
3.936
0
27J)B
SCHEDULE 16: OTHER REVENUE - RENT
14 Gross Rental Income
15 Less: Direct Expense Exchisively Itelaed lo Rent
16 Nd Rental Income
2.5S0
2.5SO
SCHEDULE 17: FINANCE FUNCTION INFORMATION
17 System Used
18 If Function Outsourced. List Company or Chapter
SCHEDULE IH: REIMBURSEABLE MANAGEMENT & CENERAL (M&G) AND FUNDRAISING COSTS WITHHELD FOR NATIONALLY ACCOUNTED ACnVFTIES (REQUIRED FOR ALL CHAPTERS)
\9 Management & General
20 Fundraising
21 Other "QualiTying" Disasters (see FMPP 6.9.11 K.2)
22 TOTAL Reimbunable M&G and Fundraising Costs
Payroll
ADP
Accounts Receivable
National "Qualifying" Disasters a i
Designated bv NHO
6,365
0
0
6.365
Accoanu Pavahle General Ledger
Domeatle Disaster Rdicf
0
0
0
0
All Other National •nd International
Initiativei (eg. measles)
0
0
0
0
Donations Processing
Total
6,365
0
0
6J63
NHQ Finance, Chapter Reponing P«el8Dfl9
18030 08/30 2010 15 18.18
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+ American Red Cross
FYIO Annual Chapter Financial Statenients for Central Louisiana Chapter
Supplemental Schedules For the Fiscal Year Ended June 30,2010
PARTVH (cont.) Inchide fmancial activity m Service Deliveiy Areas (SDAs) and Certified Service Deliveiy Units (CSDUs).
Refer to ACFS Instructions and FMPP for guidance.
POSTED: FINAL
Alexandria. LA
SCHEDULE 19: IRS 990 FUNCTIONAL EXPENSES (REQUIRED FOR ALL CHAPTERS)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
23
26
27
28
29
30
31
32
33
34
Compensation (Salaries and Wages)
Employee Benefits:
PQTOU Taxes
Retireraent
Insured Benefiu
f)iber
Travel Expense Other Than Cimfeiences, Conv-entioni, and Meetings
Conferences, (jinventions. and Meetings
Grants and Allocations of Grants
Financial Assistance - Specific Assislance lo Individuals
Supplies
Program Materials
Minor Equipment Purchases
Equipment - Minor (non-auto) Purchases. Rental and Maintenance
Aulo Rental and Maintenance
Occupancy
Fees foe Serv ices IJHin-emplayees):
Management Fees
Accounting Fees
Legal Fees
Professional Fundraising Fees
Lobbying Fees
Investmeni Managemenl Fees
Odier Contractual Seii-ices
Inleiesi
Insurance
Tele[diDne / Communicatmns
Postage and Shipping
Advertising aitd Promotion
Informatian Technology
Depreciation and Amortization Expense
Inter Red Cross Expenses
National Sector - Chapter Assessmeni (Statement of Functional Expenses)
TOTAL 9 % FUNCTIOMAL EXPENSES
In-Kmd Expenses
TCJTAL ARC FUNCTIONAL EXPENSES
Account
310
321
522
323
529
S30
533 & 334
342
340
550
560
571
572-3
57270/37370
580
5940
391-2
393
3942
3943
3941
590 to 679
671
672
673
674
3944
vanoiis
690
5x7
5471
TOTAL Program Services
PSC 05-70
197,232
14,885
0
0
0
1.782
9.496
4,269
96.985
7,964
4,762
31,841
222
6,759
58,203
0
0
0
0
0
0
3,380
7.692
0
10.648
3,774
0
615
30,424
23.362
60,226
574,521
0
574,521
Membership and Fundraising
PSC 80
27.467
2,010
0
0
0
0
629
37
0
0
0
0
0
0
0
0
0
0
D
0
143
853
0
0
0
298
2,677
34,134
0
34,134
Management «nd General PSC 90
15,373
1,125
0
0
0
530
765
235
0
0
0
0
593
0
9,548
0
0
0
0
0
0
763
28
0
0
0
3,638
4,014
36.612
0
36,612
TOTAL For Carrent Vear
(AU Programs A SapportI
240.072
18,020
0
0
0
2.312
9,496
4,269
98,379
8,256
4,762
31,141
222
6,739
58,796
0
9.548
0
0
0
0
3,380
7.692
0
11,554
4,655
0
613
30,424
27,298
66,917
645.267
0
645.267
NOTE:
If j-our local CFC Organization and/or the local United Way requires the chapter lo complete a local form 990, this schedule »ill facilitate the completion of dial
form (particularly PART II ofthe 990) If a local form 990 is prepared, it should be marked NOT FILED WITH IRS on die top of each p ^ and issued to die CFC
Organization with die chapter's audited financial statements. The American Red Cross is a single legal ennt>- existmg through federal charter. Thus, no
chqncr should filea990form widithe IRS or any stale or local tax luthoiily-.
NHQ Finance. Chapter Reporting P i « e l 9 o f l 9
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+ American Red Cross
FYIO Annual Chapter Financial Statements
forCentral Louisiana Chapter Statement of Activities - SDA / CSDU
For the Fiscal Year Ended June 30,2010
PART Vffl
NOTE: The Statement of Activities in die Annual Chapter F innda l Statement must include all revenues eamed by- a Chapter. Since SDA / CSDU revenues
are excluded 6om a chapter's assessmeni calculation, please complete diis woricsheet IF a chapter had SDA / CSDU revenues during the cutrent fiscal year.
P O S T E D : F I N A L
' For maaagementparposcs-aadi tor th is page not required '
SDA / CSDU REVENUE ONLY
CONTRIBUTIONS, REVENUE AND C A W S
1
2
3
4
5
6
7
» 9
10
11
12
13
14
FederHed
Monetaiy- Contaibutions
Net Special Events
Legacies and Bequests
In-Kind Conlribulions
Gis i t i
Investment Income
Income from Endowment
Contracts
Products and Services
Inter-Red Cross Rev-enues
Other Revenues and Gains / (Losses)
Reclassilications to Unresnicled Class
TOTAL CONTRIBUTIONS, REVENUE AND GAINS
Account
411
412
413
42
43
461-462
44
45
463-464
47-48
49
714
Unrestricted
0
3,903
580
0
118
0
0
0
0
22.481
0
0
0
27,084
Temporaril]' Restricted
0
0
0
0
0
0
0
0
0
0
0
0
0
Permanently Restricted
0
0
0
0
0
0
0
Total
0
3,905
SSD
0
118
0
0
0
0
22,481
0
0
0
27,084
QUALIFIED REVENUE (for NHQ use only)
CONTRIBUTIONS, REVENUE AND CAINS
\S Fcderaled
16 Monetaiy Contaibulioos
17 Net Special Events
18 Legacies and Bequests
19 In-XJnd Contributions
20 Grants
21 Investment Income
22 Income from Endomnenl
23 Contracts
24 Produds and Services
23 Inter-Red Cross Revenues
26 Odier Revenues and Gains / (Loiies)
27 Reclassifications 10 Unmslnctcd Class
28 TOTAL QUAUFIED CONTRIBUTIONS, REVENUE AND GAINS
Account
411
412
413
42
43
461 • 462
44
45
463-464
47 -48
49
714
Qnalified Revenue
109,692
146.448
54,292
3,802
0
79,092
2.973
396,299
Qnaliried SDA Retenue
Q
3,905
580
0
0
7.86!
0
12,353
NHQ. Chapter Reponing SDA-CSDU PAGE
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American Red&oss
FYIO Annual Chapter Financial Statements for Central Louisiana Chapter
Analytical Page For the Fiscal Year Ended June 30,2010
POSTED: FINAL
PART IX Inchide fmancial activm-1 I Seiv-ice Delivery Areas (SDAs) and Certtfied Service Deliveiy Units (CSDUs).
Alexandria, LA
18050
• FOR MANAGEMENT PURPOSES - AUOrfOFTHIS PAGE NOT REQUIRED •
MODIFIED EXCESS I (DEFICIT) FROM OPERATIONS (3-yr. camnlative)
• All amonau are Uarestricted ONLV
1 Excess/(Deficit) of Revenues over Expenses - Unrestricted
2 Less: Cains/(Losses) on Sale of Fixed Assets
3 Less: Unrealijuid Gains / (Losses) on Securities Held at End of Period
4 Less: GainonSateofDispositionofAssets
5 Less: ReBlizedGaiiu/(Losses)fmm SaleofSccurities
' 6 Excess / (Deficit) from Operations
7 Plus. Pqireciation Bid Amoitizalion Expense
8 Modified Excess / (Deficit) from Operatimis
Vcarl FVOS ACFS
8336
Q
(2,963)
0
" 0
11,299
13.707
27,006
Year 2 FYWACFS
296,280
100,081
(3,005)
0
0
199^03
12,384
211,387
Vear 3 FYIO ACFS
969,273
0
0
0
P,126)
972^99
30,424
1,002,823
Total
1,273,889
100.082
(5,968)
0
P,126j
1,182,901
58,515
1,241.416
DAYS OF CASH & INVESTMENTS (ST* LT)
9 Unresnicted & Temp RcsDicted Cash & Investments (ST A LT)
10 Total Expenses
11 Ratio Befitfe Da>-a
12 Days ofCashdi Investinents
136,114
. 643,267
18050 08/30/2010 13:18:18 NHQ Finance. Chapter Reportmg ANALYTICAL PAGE
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+ American Red Cross
FYIO Annual Chapter Financial Statcments-
for Central Louisiana Chapter Supplemental Infomiation for the IRS Form 990 and 990'T
For the Fiscal Year Ended June 30,2010
POSTED: FINAL
PARTX Alexandria, LA
18050
r C O M P E N S A n O N / P A V R O L L
NOTE: Include salary, fees, bonuses, sev-eiancc paymenls. contributions to employee benefit plans, moving expenses, deferred compmsation, lepotlabte expense eWoMaoeej.
Afi questions in Oils section should be anstvered for the 2009 Calendar Year (Jan 1 -Dec 31. 2009)
1 Number ofemplo>eei paid more than SlOO.CWOduringdieCalendar Year (if none, list '0")
2 Number of emploj'ces paid more than S250,000 during the Calendar Year (if none, list "0").
* Please complete a snppkinenlal salary form {a%-ail8ble on main ACFS page) for every person paid mom dian S230.000 dnring the fiscal year.
Number of emplo>-eeiiepoited on Fonn W-3, Transmittal of Wage and Tan Statements
3 filed for die Calemta- Year.
Nuinbcr reported in Box 3 of Form 1096. Aonnal Summary and Transmittal of US Information Returns
4 filed for die Calendar Year.
5 Numhero[rormsW.2C mcluded m your response to question *4.
6 Number of volunteers al your chapter (estimate if necesiaiy).
7 Fed ID «(EIN) Used for Payroll (Most be Nine Digits)
II. INDEPENDENT CONTRACTORS
Include independent contractors dial received compensation for seivices, whether professional or other. Independent contracton inchide organizations as well as individuals, aivd can
include professional fundraisers, law firms, aecounring firms, pubUahing companies, managemenl companies and investment management companies.
Also please do not use ampersands (&} and other characters like back slashes (/).
List die tno highest paid persons (nol employees) or companies for services in excess ori230.000 during the Calendar Yev.
Name Address Zip Code Amount Paid l ^ p e of Service
Petron Corporation 1600 Harris St. Aleiiandria, LA 71301 909,249
10 Numberofpersons/companies paid more than SIOO.OOO for services during die Calendar Year (if none, enter ' 0 ' )
II Audilfees(accounl591) 8,350
IH. PERSONAL LOANS
Personal Loans Bctueen ARC Officials and Ihe ChqUer or Rt^ion
Sappletrtenlal IRS 990 and 990-T infarmalion. Section IU, PcrsoaaJ Loans
' Note: Per the field correspondence, American Red Cross Voluntaiy Sarbanes-Oxlcy Compliance dated February 17, 2004. the American Red Cross pmhibils granting personal
loans Gom Red Cross funds or accounts to employees and v-olunteers at all levclsofthe Red Ciossorganiiation, including members of iho governing boards This prohibition
does not restrict necessaiy cash advances appioved in accordance with Red Cross policies and procedures for travel, mlocation. or other official Red Cross activities.
I, As of June 30,2010 does the c h ^ i e - or region h n e any receivables due from oflkers. directors, trustees or key emploj-eei?
13 I f y e s . ' indicate the total amouni.
* AllBch a schedule listing each person's name, olficial function, amouni owed by him Or her. and inteiesi rate. Include in the categoiy- 'leceivables due fmm oflkials," t m d
•dvinceifaTindividualivihoarccan>iiig>batBniCcintxceiiDfSl,W10 AND-whoso balance has been oolitindiiig fill l lOdn-sormore . 'Key cinploy-ees'' are persons having
responsibilities or powers simitar to those of odiccrs. directors, or trustees. This includes ihe chief management and adminisDutiveoflicials ofthe unit, but it does not inchide
beads of separate departments uidiin Ihe unit.
2. As of Jnne 30. 2010 does die chapter or legion have any payables due U officers, directois. trustees, or key employees (as defmed above)?
13 If "yea.' indicate the total amount
* Attach a schedule listing each person's name, official function, amouni owed him or her. and inleresi r ^ e
NHQ Finance, Chapter Reponing IRS Page I
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+ American Red Cross
PARTX (canl.)
FYIO Annual Chapter Financial Statements
for Central Louisiana Chapter Supplemental Information for the IRS Form 990 and 990-T
For the Fiscal Year Ended June 30,2010
POSTED: HNAL
Alexandria. LA
IV. LOBBY EXPENDrruREAcnvrrv
This p « e contains information about lobby-mg expenditines incurred by the field unit This schedule must mclude ALL lobbying expenses incuned.
Expenses incnned as pan of your itate's lecggniisd stale relations program AND expenses incuned for any indcpcndeni
outside lobbyist which is not pan of die stale rclmioiu program must be shown below.
l a Has the chqiter attempted ui influence national, stale, or local Initiation, including
' any attempt to influence public opinion on a legislativ-e matter or lefercndum?
^ If "ya," indicste the total lobbying expenses incurred:
' Describe below at I .C , in detail, tbe tobb)-ing activities undertakm. (iHach sqiarate sheet, ifnecessBy).
lb. ir>-ou answered "iXt' to the question above, was die lobbying activity
conducted through Ihe use of: i
a Volunteers
* b PaidStafrorMBnagemem(iiicludecompensatiDn
in expenses reported below in Lines 5 -10)
* c. Media Adi-ertiscraenl)
^ d MaihngsioMcmben.Legislatots.orthePublic
^ e. Publications, or Published or Bniadcast Statements
( r Grants lo Olher Otganiations for Lobb> ing Purposes
g Direct Contact with Legislaton. Their SlalT, Goiemmenl
^ Officids, or a Lmislativc Body
h. Rallies, Demonstrations. Seminars, Coni-entions,
' " Speeches, Lectuiei. or any other means
" i. Other Activ-ities
' ^ TOTAL Lobby-mg Expenditures
'Total should agree with die amouni indicated on (^estion ill above.
No
No
No
No
No
No
No •
No
No
Amonni
0
. . . " 0
0
0
0
0
0
Ic. Please provide adctailed description of die hibby ing activit)<s)(allach asepo-ate sheet d" necessary):
v . DIRECT PROGRAM REVENUE
Direct revenue (excluding grants and contaibutions) mntt be reported alongside the related program that generated the rev-enue
AllrevenuerepOi1edonPage3ofdie ACFS. Lines 9 (Contiacis) and 10 (Pioducts and Services), must be included in diis schedule.
14 Serv-ices lo Chapters
15 Services to Armed Forces (SAF)
16 Disaster Serv-ices
17 Biomedical Services
18 Healdi Seivices
19 Community Services
20 International Servicet
^ ' TOTAL Direst Revenue
PSC
03
10
20
30
40
60
70
Amonni
0
0
2.I3I
0
. .. 79,092
0
0
a U 4 3
18050 08/30/2010 13:18:18
NHQ, CbgpUf RepDiting IRS Page 2
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American Red Cross
PARTX (cont.)
FYIO Annual Chapter Financial Statements
forCentral Louisiana Chapter Supplemental information forthe IRS Form 990 and 990-T
For the Fiscal Year Ended June 30,2010
POSTED: FINAL
Alexandria, LA
VI. UNRELATED BUSINESS INCOME
This p ^ e contain) information about unrelated business income of die field unit except for rental income arising fncn debt-fmanced real pmpeily-.
NOTE: Cbap ten not already involved in gambling (except rallies) cannot begin. All gambling acliviliea (eicept raffles) MUST immediately cease.
Chaptos shall not engage in any activilio dud directiy Or indirectly ntppoR bingo, pull-labs, instant bingo or other games of chance including "casino nighl" except raflks as sInicMred below.
Revenue is exempt if substantially all the rallle activi^ (83% or more) is earned on b>- volunteers, raffles are conducted occasionally (no more dian once a year), and tbe laOle must be conducted
over a short period of time (less than 90 days duration from start to finish).
Chapters dial conduct a raffle must: A) Fully comply widi all federal, state and local laws. B) Report die full scope of gaming activitiei in annual fmancial reports, (if required),
and in internal reports to their Board and their auditors. C) Document control measures thej- take lo ensure proper stewardship.
1 I. Doesyouichaptcr or ccgionoblBiiirental reveiHKfrom real property v ; h i c h v , a i w b i e U t o d e b l f m t n c m s d u n t 4 ^ c u n < M r ^
^ Ifyes, what percentage of the total space is rented out?
2. Two areas that need clarification regarding unrelated business income are bingo activities and rallies. Bingo [dayed on distributed cards, widi numbers called out
3 and winncn physically present to claim die prize is exempt from unrelated business income. Does y-our field unit carry on such bingo games as are described here? * ^
* Other forms of bingo, such as canls distributed and scratched, pull-tab distributions, and bingo played on video machines should be detailed as uniElaled business
income on the worksheet below under the column, 'gaming activities ~
3. A form of raflle activity consists of w-ork by Red Cioss penonncl virmally all of whom are vohinteen selling nflle tickets for a donated priie.
^ This docs nol create unrelated business income. Does your field unit carry- on raffles as described above? *
* Other forms of raffie, such as by paid persons distributing tickets vi-ilh purchased prizes, should be detailed as unrelaled business income on die
worksheet below under the column, 'gaming activities.'
^ 4. Doesyourunit participate in any other form of unrelated business activity not already covered on diisform?
All paid advertising income activities need to be pre-approv-ed b> die Advertising Unit al National Headquarters. American Red Cross policy pmbibiting the issuance
ofendorsements of commcniial concerns remains unchanged.
Type of Unrdated Business Activity:
* TOTAL CROSS REVENUE (INCOME)
Expenses:
Salaries and Benefiu
TranqMrtation, Meals and Lodging
Conferences / Meetings
Training Fees
Supplies
Program Materials
PrDfcssional Fees
Communicaiions / Tclcphnie
Postage and Shipping
Decrease /(Increase) in (nvcniory
Miscellaneous Odier Expenses (describe):
TOTAL EXPENSES
' NETlNCOMEfrolDUDTtlMcdBusiBeiiActivity
NHQ, Cbqiler Reporting
Aeceunt
510-320
531.532*537
633 & 634
34510
550
360
390
673
674
.
Gaming Activities*
0
0
0
0
0
0
0
0
0
fl D
0
0
0
0
Advertising Saks
0
0
0
0
a 0
0
0
0
0
0
0
0
0
0
' eicept mast bingo and most raffles
18050 08/)D/2010l5:18:I8
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+ American Red Cross
FYIO Annual Chapter Financial Statements for Central Louisiana Chapter
Supplemental Information for the IRS Farm 990 and 990-T
For the Fiscal Year Ended June 30,2010 PARTX (coat.)
VU. SPECIAL EVENTS
Identify die portion ofgross special events revenue (as reponed on die ACFS. Page 15, Lme 10) n:presenling a contribution (amouni repotted as tax deductible to tbe donor) and prov-ide additional detail on the direct cost of ^lecial events.
REVENUES:
Amount Representing Fair Value of Goods / Services Provided
Amount Representing a charitable conlribtilion (repotted ai tax deductible to the donor)
EXPENSES:
' ' Cash Prizes
Non-cash Prirci
^ Rent/Facility Costs
Odier Direct Expenses
Direct Expense Total
Net Income Summaiy
V i n . IN-KIFn> (NONCASH) CONTRIBUTIONS (DONATED MATERIALS & DONATED PROPERTY/EQUIPMENT)
Please provide additional detail as to the nature of donated materials and donated pmpeity & equrpment received during the fiscal year.
Alexandria, LA
7.672
61,116
68.788
3.162
10.806
34,292
POSTED: FINAL
Books aid Publications
Clodiing and Household (joods
Food Inventory
Cars and Other Vehicles
Securities - Publicl>- Traded
Securities - Partnership, LLC, or Tnist Interests
RealEstao
Odier (please describe on Ime 17)
SUPPLIES, MATEWALS
18 TOTAL Noncash Comributions Reported
Nnmbcr of Contribntiou
• 3
0
0
0
37
37
79
Revenue Reported
0
0
661
0
0
0
0
2S,713
26,374
Number of Forms 8283 received for which j-ou completed Part IV, Donee Acknowledgemenl during die fiscal year
Did you dispose of tangible personal property for which y-ou filed Form 8282?
If yes, how many Forms 8282 were filed during die fiscal y-ear?
NHQ, Charter Reporting IRS P ^ e 4
18030 08/30/201015:18:18
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American Red Cross
FYIO Annual Chapter Financial Statements for Central Louisiana Chapter
Signature Page For tbe Fiscal Year Ended June 30,2010
POSTED: FINAL
P A R T XI
Alexandria. LA
1 btnre rcvlemil this r c ^ r t mid bated on m j IcMwIedcc I t * flaasielal i t n t t n c a O , Dsa IRS Form V90/9M^T, and a lbc r iBfartMrtM I tuht led bi fhb report ,
lUriy pn*et i l . ta nO materia] r npec t s , dw flnwicnl nndi t ia i s aiid t i n fcnil t i nf chapter operatiana Bi af and far tbe ) ^ r ended JuiM 10,10
' ^ : m u -: .S :^o fU> ..7r- zoio ^ > PREPARER'S SIGNATURE
llticli BoytJn
^ • DATE
n ^3i«) 442-6621" u |rbciylcin@c«nl»redcroii^>rg
> 'Kt£PARER'SNAME
, 1
>• PREPARER'S PHO^fE • PREPARER'S E-MAIL
TmAnj jlmurphyigiwnlaredcioat oijj
> CHAFTER EXECUTIVE'S NAME »• CHAPTER EXECimVE'S PHONE >• CHAFTER EXECUTIVE'S E-MAIL
• CHAPTER AOVISORY AUDIT GROUP MBMBEK-SStONATORE
?M^0/0 ••DATE
|Gol(ia Mt^ain t(3l«)64fr-3«l I bjiniigaiageailhl ink.net
• CHAPTER ADVISORY AUDIT GROin* MEMBER'S NAME PHONE • CHAFFER ADVISORY AUDIT GROUP MEMBER'S • CHAPTER ADVIOSRY AUDIT S I O U P
MEMBER'S EMAIL
NHQ. Cbt^ler ReportiRB SIfflfATUREPAGE
lt0500S/]0/Z010 13:18:18
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OTHER INFORMATION
40
Infopath Form Page 1 of4
American Red Cross
FYIO Annual Chapter Financial Statetneats
for Central Louisiana Chapter Supplemental information for the IRS Form 990 and 990-T
For the Fiscal Year Ended June 30,2010
POSTED: FINAL
18050
I. COMTENSA'nON / PAYROLL
NOTE: Include salaiy. fees, bonuses. scvcTaiK£paynientj.caninliution3ioeTriployeebenefIi plans, inoviDg expenses. derciredGon)pcDsaiian.repDru
All qnestiOM in this section should be answeitd for Ibe 2009 Calendar Year (Jan I -Dec 31.2009)
Nninba of cn^toycci paid nviie ibaa SlOO.OOOdon^ Ac Calendu Ytai {if noiie. list "^^
Number of onployeea paid mote Uian S250.OOO during die Calendar Year (if none, list "0").
• p icee complete a tapplemental salary farm (available on main ACFS page) fbr every person paid more llun S250.000 during die Hual year.
Nnmbcr ofcnqiloyeca reported on Form W-3. Transmittal of Wage and Tax Statements.
filed for die Calendar Year. |
Number reported in Box 3 of Form 1096. Annual Summary and Transminal of US Infbrmation Retuins
filed for tbe Calendar Year.
Number of finms W-2C included in your response to question #4.
Number orvohmteen at your chapter (estimate if necessary)
7 Fed ID «(EIN) Used for Payroll (Muit be Nine Digils)
n . INDEPENDENT CONTRACTORS
Include independenl contractors dial received {ompensatian for services, whether professional ot odier. Indcperidcnt conltaclors inchide organizatiins as well as individuals, and can
include pmfessional ftindraisers. taw liims, accounting firms, publishing companies. truDagemenl companies and inveslmem management conqjinics.
Also please do nol use ampersands {3c) and odier characters like back slashes (/).
List Ihe two highest paid persons (not en^kiyccs) or con^anies for seivices in excess ofSZSO.OOO dating (be Calendar Year.
Name AddrcM Zip Code AmoBDl Paid t y p e or Service
Peumi Corporation 1600 Harris St. Alexandria. LA 909.249
10 Number of persons' conqianics paid more than tlOO.DOO for services during die Calendar Year (if none enter "0")
11 Auditrees(accountS9l) 8,550
i l l . PERSONAL LOANS
Personal Loans Between ARC onic iab and the Ch^ ie r or Region
Supidemental IRS 990 and 990-T InforiDatlon. Section i n . Personal Loans
Note: Per die field correspondence, American Red Cross Voluntaiy Saibanes-Oiky Qimpliance dated Febiuaiy 17,2004. die American I M Cross prohibits granting pcTS^^^
loans Bum Red Cross fluids or accounts to cn^loyees and volunlccrs ataU levels of die Red Cross oiganization, induding mcnd)ers ofthe Eovemiog boards. Tbis prohibition
does nol rcsoicl necessary cash advances approved b accordance with Red Cross policies and procednies for travel relocation, or other oflkial Red Cross acdvities.
' ^ 1. As of Jnne 30. 2010 does die cb^ier or region have any receivables due fiom oflicers. directora. nusiees or key employees?
13 IfVca." indicate tbe total amount: I OT
* Attach a schedule listing each person's name, oftkial function, amouni owed by him or her. and inleresi rate. Inchide in the cat^oiy'Receivables due ftomoflicials," travel
advances tbi individuals who are canying a balance in excess ofSI.OOO AND whose balance has been outstandmg for 120 days or more. "Key emptoyecs" are persons having
responsibilities o'powers l imibi to those ofoniccTS. direcn^rs, or trustees. This mchidcs die chief nuin!«cment and adminislradve ofRdals of the unit, bul ii does not inchide
beads of separate dcpattmenis widijn the unit.
2. As of June 30. 2010 does die chapter or region have any payables due to oflicers, directors. tnisicc«. or key en^toyees (as defintd above)?
IS If "yei." indicate Ihe total amount
* Aiudi a schedule listing each person's name, official flinciion, amount owed hun or her. and inlcrcst rale.
NHQ Finance. Chapter Repoitii^ I R S Page 1
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American Red Cross
PARTX (cont)
FYIO Annual Chapter Financial Statements
for Central Louisiana Chapter Supplemental Information for the IRS Form 990 and 990-T
For the Fiscal Year Ended June 30,2010
P O S T E D : F I N A L
Alexandria. LA
IV. LOBBY E X f E N D m i R E ACTIVITY
Thb page contains tnfcrmation about bbbying expenditures incuired by Ihe field unit This schedule rnust inchide ALL tobbytng expenses incuind.
Expenses incurrtd as part of your state's lecognizcd stale relations program AND expenses incuired fbr any independent
oulsale lobbyist which is not part of die ftate relations program must be shown bctow.
la. Hal die chapter attempted to influence national, state, or local IcgisUtion, inchiding
I any attempt to infhicncc public opinion on a tegisladve matter or referendum?
^ lI"yes,"inaicateiticiDta\V*Aying expenses intuned
* Describe below at I .C . in detail, the lobbying activities undertaken, (attach separate sheet, if necessaiy).
lb lfyQtt»Bs*ewil"ycs" la the questbo above, wasthclobhying activity
coaducleil thiough the use of:
^ a Volunteers
* b Paid Staffer Management (indude compensation
in expenses rcponed below m Lines 5 -10)
^ c. Media AdvenisemenB '
' d. Mailings to Members. Legislafors, or the Public
^ t . Publications, or Published or Broadcast Statements
B f Grants m OOicr Organizations for Lobbying Puiposes
g Direct Contact with Legislaton, Tbcir Staff. Govemmcni
' Oflkials. or a Legislative Body
h. Rallies. Demonslrationa. Seminars, Conventions.
"* speeches. Lecnires. or any other means
" i. CHher Activities
12 TOTAL Lobbying Expenditures
'Total should agree wiOi the amount indicatedonQiiestiDn#l above.
No
No
No
No
No
No
No
No
No
AiainHtt
0
•> 0
0
6
0
0
0
I c Please provide a detailed description of die lobbying activiiy(i) (attach a separate sheet if necessary):
V. DIRECT r a O C R A M REVENUE
Direct revenue (exchiding grants and connibutians) must be reported akingside die related program that generated Uic revenue.
All revenue lepDited on Page3 of die ACFS. Lines 9 (Conuacis) and 10(ProdNcls and Services), must be included in this schedule.
14 Services lo Cbapicis
15 Seivices to Aimed Forces (SAF)
16 Disaster Services
17 Biomedical Seivices
18 Healm Services
19 Community Services
20 International Sciviees
^ ' TOTAL Ditecl Rwctuie
PSC
05
10
20
30
40
60
70
Amount
0
0
2,151
0
79.092
0
0
I U 4 3
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American RedOrow
FYtO Annual Chapter Financial Statements for Central Louisiana Chapter
Supplemental Information for the IRS Form 990 and 990-T
For the Fiscal Year Ended June 30, 2010
POSTED: FINAL
PARTX (COM.)
VL UNRELATED BUSINESS INCOME
TUs page contains jnfbrmation about unrelated business income ofdie field unit except fbi rental income arising from dehl-financat real property.
NOTE: Cbapten lut alrcMly Involved In gambling (eicepi raflks) cannM begin. AD gambling activities (except raflles) MUST immediate cease.
Chapten sbsll not ei^age in any acdvitics that directly or indirectiy support bingo, pull-tabs, instant bingo or other games of chance inchiding "casino night" except raflks as structured below.
Revenue is exen^t if SNbslandalty an die laffk scliWty (85% or more) is carried on by volimlccis. raffles are conducted occasionally (DO more dian once a year), and die raflte nmst ^
over a short period of time (less dun 90 days duration from Stan n finish).
Chapters that coaduci a raffle must: A) Fully comply with «U McnL state and IOUIHBWS. B ) Report Ihe fiill scope ofgaming activities in annual financial reports, (irrcquired).
and in internal reports lo Uieir Board and dieir auditor*. C) Document coniroi measures diey take n ensure proper stewardship
1 1. Docs your chapter or region obtain icuul revenue flom real property which was subject to debt fmandng during die current fiscal ycai? '
2 iryes.whalpercentageofdielotalspaceisrentedout? |
2. Two areas dial need clarificatian reganling unrelated business income are bingo activities and raflles. Bingo played on distributed cards, with numbers called out
3 in i winners physically present m claim the prize is eien^ii from unrelated business hicome. Docs your field unit carry on such bingo games as are described here?
* Odicr forms of bingo, such as caids distributed and scratched, pull-tab disvibutions. and bingo played on video machines should be detaUtd as unrelated business
incomeonlhewoiksbcet below under the column, "gaming activities."
3. A form of lallk activity consists of work by Red Cross personnel virtually all of whom are volunteers selling raflle tickets (or a donated prize.
^ This docs not create umclatcd business income. Does your Ticld unit C3"y on raffles as described above? *
* OlbcT fonns of latllc. such as by paid persons distribnting licktls wiib poichastd prizes. staouM be d ^
worksheet bckiw under the cohimn. 'gaming activities."
^ 4. Docs your unit paiticipBie inanyotherlbimofunrelatedbusinessactivily not already covered on Has fbrm? All paid advertising income activities need to be prc-^rovcd by the Adveniiing Unit al National Headquarters. American Red Cross policy prohibiting the issuance
of endorsements of commercial concerns remains unchanged.
T>pc of Unrelated Business Activity:
* TOTAL GROSS REVENUE (INCOME)
Expenses:
Salaries and Beneflls
Transportation. Meals and Lodging
Conferences / Meetings
Training Fees
Supplies
Program Materials
Professional Fees
Communications / Telephone
Postage and Sbippit^
Decrease / (Increase) in Inventory
Miscellaneous Odiet Expenses (describe):
" TOTAL EXPENSES
^° NET INCOME tfom Cnrtlated Bnslness Activity
NHQ. Cbaptei Reporting
Acconnt
510-S20
531.5324537
633 & 634
54S10
550
560
590
673
674
Gaming Actlvltlrs*
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Advertising Sales
0
a
0
0
0
0
0
0
0
0
0
6
0
0
0
* eicept most biigo and man rallies
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American
PARTX (coat)
VIL SPECIAL EVENTS
FYtO Annual Chapter Financial Statements for Central Louisiana Chapter
Supplemental Infonnation for the IRS Form 990 and 990-T
For the Fiscal Year Ended June 30, 2010
Identify the portion ofgross qiecial events revenue (as reponed on the ACFS. Page 15, Line 10) rqireseniing a conttibution (amonni repoiled as lax deductibk lo the donor) and provide additional detail on die direct cost of special events.
REVENUES:
' Amount Representing Fair Vahie of Goods / Services Provided
Amount Representing a charitabU contribution (reported as lax deductible lo die dooof)
Gross Revenue
7,672
61.116
68.788
POSTED: FINAL
EXPENSES:
Cash Prizes
Non-cash Prizes
Rent/Facility Costs
Odicr Direct Expenses
tercet Expense Total 9
Nel Income Summaiy
3,162
10,806
54,292
VUI. IN-KIND (NONCASH) CONTRIBUTIONS (DONATED MATERIALS & DONATED PROPERTY/EQUIPMENT) '
Please provide additional detail as to the nanuc of donated materials and donated piopcity & equipment received during the fiscal year.
13
14
Books and Publications
Clothing and Household Goods
Food Inventory
Cars and Othei Vehicles
Securities - Publicly Traded
Scouiiics - Paitntiship. LLC. ot Tros\ Inititsts
'* Real Estate
Other (please describe on line 17)
" SUPPLIES. MATERIALS
18' TOTAL Noncash Contributions Reported
Number of Contrlbntloni
5
0
0
a
37
37
' 79
Revenue Reported
0
0
661
0
0
__ 0
0
15,713
26J74
Nurrd>crofForms 8283 received for which you convicted Part IV. Donee Acknowledgement during the fiscal year
Did you dispose oflangible personal pioperty fbr which you filed Fonn 8282?
If yes. how many Forms 8282 were filed during the fiscal year?
NHO. Chapter Reporting IRS Page 4
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