IMSA FUND FOR THE ADVANCEMENT OF EDUCATION
For TheYear Ended:
June 30, 2002
State of Illinois
WILLIAM G. HOLLAND
To obtain a copy of the Report contact:
(217)782-6046 or TDD (217) 524-4646
This Report Digest is also available on
The digest covers our financial audit of the IMSA Fund for Advancement of Education for the year ended June 30, 2002.
Our auditors stated that the financial statements present fairly, in all material respects, the respective financial position of the governmental activities and fund information of the IMSA Fund for Advancement of Education, as of June 30, 2002, and the respective changes in financial position thereof for the year then ended.
WILLIAM G. HOLLAND, Auditor General
SPECIAL ASSISTANT AUDITORS
Our special assistant auditors for this audit were DeRaimo, Hillger & Ripp.
IMSA FUND FOR ADVANCEMENT OF EDUCATION
|STATEMENT OF ACTIVITIES||FY 2002||
Losses on Investments
|SELECTED ACCOUNT BALANCES
STATEMENT OF NET ASSETS
Certificates of Deposit
Pledges Receivable (Short Term)
Pledges Receivable (Long Term)
Liabilities and Net Assets
|FUND EXECUTIVE DIRECTOR|
|During Audit Period: Catherine C. Veal
Currently: Catherine C. Veal
*Note: The Fiscal Year ended June 30, 2002 is the initial presentation of financial data in the new GASB Statement No. 34 format. Prior year data is not comparable and is not presented.