Wisconsin Lawyer
Vol. 80, No. 11, November 2007Fiscal 2007 Financial Results at a Glance ...
Revenues: |
|
|
Expenses: |
|
Education and Information |
4,412,751 |
|
Education and Information |
3,322.527 |
Communications |
550,738 |
|
Communications |
1,310,343 |
Member & Public Services |
511,523 |
|
Member & Public Services |
1,412,964 |
Public Affairs |
30 |
|
Public Affairs |
496,002 |
Affiliates |
325,164 |
|
Affiliates |
232,108 |
Governance |
0 |
|
Governance |
285,363 |
Internal Operations |
5,019,243 |
|
Internal Operations |
2,496,888 |
Sections |
265,454 |
|
Sections |
242,613 |
Divisions |
27,645 |
|
Divisions |
197,531 |
Committees |
0 |
|
Committees |
439,640 |
Total Revenues |
11.112.549 |
|
Total Expenses |
10,435,979 |
|
|
|
|
|
|
|
|
Excess of Revenues over Expenses: |
676,569 |
|
|
|
Total Fund Balances, 6/30/06: |
7,390,065 |
|
|
|
Total Fund Balances 6/30/07: |
8,066,634 |
Fiscal 2007 Revenues
Statement of Financial Position at June 30, 2007
ASSETS |
|
|
Current Assets |
|
|
Cash and Cash Equivalents |
5,158,918 |
|
Certificates of Deposit |
1,782,000 |
|
Accounts Receivable |
455,717 |
|
Inventories |
370-182 |
|
Prepaid Expenses and Supplies |
254,502 |
|
Total Current Assets |
|
8,021,319 |
Sections |
265,454 |
|
Divisions |
27,645 |
|
Committees |
0 |
|
Total Revenues |
11.112.549 |
|
Invesstments |
|
2,895,596 |
|
|
|
Land |
724,934 |
|
|
|
|
Building and Improvements |
3,942,545 |
|
Furniture and Equipment |
3,008,240 |
|
|
7,675,719 |
|
Less: Accumulated Depreciation |
(3,326,436) |
|
Total Property and Equipment, net |
|
4,349,283 |
TOTAL ASSETS |
|
15,266,198 |
LIABILITIES AND NET ASSETS |
|
|
Liabilities |
|
|
Membership Fees and Dues in Advance |
2,981,710 |
|
Revenue in Advance |
356,861 |
|
Due to Office of Lawyer Regulation and Board of Bar Examiners |
1,921,509 |
|
Due to Wisconsin Lawyers’ Fund for Client Protection |
518,966 |
|
Due to Wisconsin Trust Account Foundation |
569,322 |
|
Accounts Payable |
275,600 |
|
Accrued Liabilities |
477,906 |
|
Other |
97,690 |
|
Total Liabilities |
|
7,199,564 |
|
|
|
Undesignated Net Assets |
5,079,684 |
|
Board Designated Reserv |
2,687,320 |
|
Sections |
242,739 |
|
Temporarily Restricted Net assets |
56,891 |
|
Total Net Assets |
|
8,066,634 |
|
|
|
TOTAL LIABILITIES AND NET ASSETS |
|
15,266,198 |
Wisconsin Lawyer