Community Foundation Financial Statements 2015
This file contains the consolidated financial statements of the Community Foundation for Southwest Washington for the years ended December 31, 2015 and 2014. It includes the independent auditors' report, financial position, activities, and cash flows. It is a critical document for understanding the financial health of a non-profit organization.
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To complete this document, start by carefully reading the instructions provided within. Fill in all required fields with accurate financial data. Review your entries for correctness and submit the completed document as instructed.
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Read all instructions carefully.
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Input the required financial data and details.
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Who needs the Community Foundation Financial Statements 2015?
1
Non-Profit Organizations require these financial statements for transparency and compliance purposes.
2
Auditors use these statements to conduct financial reviews and assessments.
3
Board members of the Community Foundation need these reports to make informed decisions.
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Donors seek this information to evaluate the organization's financial stability.
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Regulatory bodies may require these filings for legal and compliance verification.
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What are the instructions for submitting this form?
To submit the financial statements, please email the completed document to submissions@cfsw.org. You may also fax it to (503) 222-7819. If sending via post, address the documents to Community Foundation for Southwest Washington, 1800 S.W. First Avenue, Suite 410, Portland, Oregon, 97201.
What are the important dates for this form in 2024 and 2025?
While specific dates for this form in 2024 and 2025 may vary, generally, users should be aware of fiscal year-end reporting deadlines and submission schedules as determined by governing bodies.
What is the purpose of this form?
The purpose of this form is to provide comprehensive financial information of the Community Foundation for Southwest Washington to stakeholders. It serves as a transparent account of the Foundation's fiscal activities, enabling informed decisions by board members, donors, and regulatory authorities. Ultimately, it helps in ensuring accountability and trust in the financial operations of the organization.
Tell me about this form and its components and fields line-by-line.
- 1. Consolidated Statements of Financial Position: Details the assets, liabilities, and net assets of the organization.
- 2. Consolidated Statements of Activities: Summarizes revenues, expenses, and changes in net assets.
- 3. Consolidated Statements of Cash Flows: Tracks cash inflows and outflows over the reporting period.
- 4. Notes to Consolidated Financial Statements: Provides additional detail and context to the financial statements.
What happens if I fail to submit this form?
Failure to submit this form may result in non-compliance with financial reporting requirements. This could lead to potential legal implications and loss of stakeholder trust. Moreover, delays in reporting could hinder organizational operations and future funding opportunities.
- Compliance Risks: Non-submission can lead to penalties from regulatory authorities.
- Loss of Trust: Stakeholders may question the organization's accountability.
- Operational Delays: Failure to report timely may disrupt budget planning and funding.
How do I know when to use this form?
- 1. Annual Financial Reporting: Used for yearly disclosures to stakeholders.
- 2. Grant Applications: Necessary for providing financial background during fund requests.
- 3. Regulatory Compliance: Required to meet legal obligations set by governing bodies.
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