Nash Library, a nonprofit organization, presented the following statement of financial position and statement of activities for its fiscal year ended February 28, 2024. Nash Library Statement of Financial Position February 28, 2024 Temporarily Assets Unrestricted Restricted Current Assets Cash $ 301,000 $88,000 Grants Receivable 87,000 Prepaid Expenses 65,000 Total 453,000 Investments (at market) 1,021,000 Land, Building, and Equipment (less accumulated depreciation of $58,651) 536,000 Total Assets $2,010,000 $88,000Liabilities and Fund Balances Current Liabilities Accounts Payable and Accrued Expenses $149,000 Total 149,000 Long-Term Debt 189,000 Fund Balances 1,672,000 88,000 Total Liabilities and Fund Balances $2,010,000 $88,000Nash Library Statement of Activities for Year Ended February 28, 2024 Temporarily Support and Revenue Unrestricted Restricted Support Grants $69,000 $-0- Gifts 270,000 88,000 Total 339,000 88,000 Revenue Service Fees 23,000 Book Rentals and Fines 106,000 Investment Income 75,000 Total 204,000 -0- Total Support and Revenue $ 543,000 $88,000 ExpensesProgram Services Circulating library Research library Exhibits lCommunity.r services Total Supporting Services General and administrative Fund raising Total Total Expenses Increase {decrease}I in net assets Fund Balancesbeginning ofvear Fund Balancesend of year $ 233.000 23.000 21.000 9.000 341.000 0 123.000 103.000 234.000 0 325.000 0 (32,000} 33,000 1.754.000 0 $33,000 $1.6?2.000 NASH LIBRARY Statement of Financial Position For the Year Ended February 28, 2025 Temporarily Assets Unrestricted Restricted to $ $Liabilities and Fund Balances v $ $Statement of Activities For Year Ended February 23, 2025 Without Donor With donor Restrictions Restrictions