SUMMARY OF FINANCIAL ACTIVITIES
STATEMENT OF FINANCIAL POSITION
FUNDS AND LIABILITIES
Except for the Chief Executive Officer who was a board member from January to May 2022, the board members are volunteers and do not receive any monetary remuneration for their service.
HCSA has a Reserve Policy to ensure that the level of reserves is adequate to sustain HCSA for a period of one year of operations.
The reserve is an unrestricted fund balance set aside for unexpected events, loss of funding or income. This excludes restricted, endowment and designated funds.