Financial

Financial Statements 2014
SUPPORT & REVENUE20142013
Government$ 1,557,799$ 1,404,681
Foundations and Corporations$ 595,298$ 1,008,432
Other contribution revenue  $ 25,044$ 25,460
Interest and Other Income$ 432,650$ 550,915
TOTAL SUPPORT AND REVENUE$ 2,610,791$ 2,989,488
EXPENSES20142013
Program$ 2,343,897$ 2,578,233
Administrative and General$ 159,384$ 388,444
Fundraising$ 74,638$ 88,300
TOTAL EXPENSES$ 2,577,919$ 3,054,977
Change in net asset from operations$ (399,778)$ 65,500
Gain(loss) on sale of property$ 37,395$ 960,029
ASSETS20142013
Cash$ 451,171$ 383,650
Grants and Other Receivables$ 382,683$ 514,145
Loans Receivable, current portion (net)$ 514,145$ 391,297
Restricted cash$ 34,581$54,980
Loans Receivable, non-current$ 2,208,822$ 1,849,321
Property and Equipment (net)$ 110,678$ 1,366,983
Other assets$ 30,325$ 27,415
TOTAL ASSETS$ 3,732,405$ 4,587,791
SUPPORT & REVENUE20142013
Government60%47%
Foundations and corporate23%34%
Other contribution revenue1%1%
Interest and other income17%18%
EXPENSES20142013
Program Expenses91%84%
Administrative Expenses6%13%
Fundraising3%3%
SUPPORT & REVENUE 2014
EXPENSES 2014
 
Liabilities and Net Assets20142013
Accounts payable and accrued expenses$ 138,583$ 277,616
Capital lease obligations, current$ 39,250$ 44,431
Capital lease obligations, non-current$ 63,411$ 86,855
Notes payable and lines of credit, current portion$405,613$ 925,685
Notes payable and lines of credit, noncurrent$ 1,400,269$ 1,512,215
Deferred revenue$ 643$ 11,283
TOTAL LIABILITIES$ 2,047,769$ 2,858,085
NET ASSETS$ 1,684,336$ 1,729,706
TOTAL LIABILITIES AND NET ASSETS$ 3,732,105$ 4,587,791