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    Wisconsin Lawyer
    November 01, 2000

    Wisconsin Lawyer November 2000: Charting the Bar's Direction - Statement of Financial Position at June 30, 2000

     

    Wisconsin Lawyer November 2000

    Vol. 73, No. 11, November 2000 - 2000 Annual Report


    Statement of Financial Position at June 30, 2000

    <Fiscal Year 2000 Revenues

    2000 Annual Report

    1. Increase and diversify participation in Bar activities.

    2. Increase public understanding of citizens' legal rights and responsibilities.

    3. Enhance public understanding of the administration of justice.

    4. Improve access to justice.

    5. Improve member education that is responsive to changing member needs.

    6. Improve member service that is responsive to changing member needs.

    7. Use technology to improve education, communication, member services, cost-effective access to legal resources, and effective management.

    8. Evaluate and improve our own governance and administration to best effectuate our mission.

    9. Advocate for the integrity and effectiveness of the legal profession.

    10. Support and promote attorneys as problem solvers.

    ASSETS:  
    Current assets:  
    Cash and cash equivalents 48,385
    Short-term investments 17,707
    Accounts receivable 140,332
    Campaign pledges receivable 378,720
    Inventories 280,019
    Prepaid expenses 128,943

    Total current assets:

    994,106

    Campaign pledges receivable 91,681
    Long-term investments 1,286,460
    Building and improvements 3,731,216
    Furniture and equipment 2,347,279
      6,078,495
       
    Less: accumulated depreciation (1,562,336)
      4,516,159
       
    Land 724,934

    Total Assets:

    7,613,340

    Liabilities and Fund Balances  
    Current liabilities:  
    Note payable 457,143
    Advance dues, fees, and other 847,380
    Due to Boards of Attorneys Professional
    Responsibility and Bar Examiners
    265,417
    Due to Clients' Security Fund 112,100
    Accounts payable 372,243
    Accrued liabilities 281,911

    Total current liabilities:

    2,336,194
       
    Unrestricted fund balance - General Fund 4,066,871
    Unrestricted fund balance - Sections Fund 210,275
    Strategic Reserve 1,000,000

    Total fund balances:

    5,277,146
       
    Total Liabilities and Fund Balances 7,613,340

     

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