Financial

Financial Statements 2015
SUPPORT & REVENUE20152014
Government$ 1,300,2861$ 1,516,952
Foundations and Corporations$ 736,000$ 595,298
Other contribution revenue  $ 35,312$ 2,297
Interest and Other Income$ 369,578$ 418,002
TOTAL SUPPORT AND REVENUE$ 2,441,176$ 2,532,549
EXPENSES20152014
Program$ 1,990,390$ 2,343,897
Administrative and General$ 304,407$ 159,384
Fundraising$ 59,603$ 74,638
TOTAL EXPENSES$ 2,354,400$2,577,919
Change in net asset from operations$ 86,776$ (45,370)
ASSETS20152014
Cash$ 466,556$ 340,392
Grants and Other Receivables$ 536,172$ 382,683
Loans Receivable, current portion (net)$ 1,100,291$ 514,145
Prepaid expenses$ 15,107$ 7,057
Restricted cash$ 167,557$ 145,360
Loans Receivable, non-current$ 1,345,806$  2,208,822
Property and Equipment (net)$ 80,091$ 110,678
Other assets$ 19,523$ 22,968
TOTAL ASSETS$ 3,731,103$ 3,732,105
SUPPORT & REVENUE20152014
Government53%60%
Foundations and corporate30%23%
Other contribution revenue2%1%
Interest and other income15%17%
EXPENSES20152014
Program Expenses85%91%
Administrative Expenses13%6%
Fundraising3%3%
SUPPORT & REVENUE 2014
EXPENSES 2014
 
Liabilities and Net Assets20152014
Accounts payable and accrued expenses$ 150,553$ 138,583
Capital lease obligations, current$ 41,046$ 39,250
Capital lease obligations, non-current$ 22,366$ 63,411
Notes payable and lines of credit, current portion$ 988,499$405,613
Notes payable and lines of credit, noncurrent$ 744,9501,400,269
Deferred revenue$ 5,054$ 643
Deferred rent$ 7,523 
TOTAL LIABILITIES$ 1,959,991$ 2,047,769
NET ASSETS$ 1,771,112$ 1,684,336
TOTAL LIABILITIES AND NET ASSETS$ 3,731,103$ 3,732,105