2015 |
2014 |
||
ASSETS |
|||
Cash |
|||
Bank of America |
$1,383,736.60 |
$1,363,684.80 |
|
Petty Cash |
121.51 |
331.52 |
|
Total Cash |
1,383,858.11 |
1,364,016.32 |
|
Accounts Receivable |
29,940.24 |
25,207.64 |
|
Travel Advances |
19,967.56 |
84.56 |
|
Grants Receivable |
240,726.92 |
656,932.23 |
|
Prepaid Expenses |
17,042.74 |
22,052.66 |
|
Fixed Assets |
|||
Furniture/computers |
14,179.30 |
14,179.30 |
|
Accumulated Depreciation |
(14,179.30) |
(14,179.30) |
|
TOTAL ASSETS |
$1,691,535.57 |
$2,068,293.41 |
|
LIABILITIES & NET ASSETS |
|||
LIABILITIES |
|||
Accounts Payable & Accrued Exp |
$16,857.90 |
$128,551.49 |
|
Accrued Vacation |
69,098.06 |
89,324.51 |
|
Total Payables |
85,955.96 |
217,876.00 |
|
Deferred Revenue—Grants |
608,448.86 |
719,728.29 |
|
TOTAL LIABILITIES |
694,404.82 |
937,604.29 |
|
NET ASSETS |
|||
Beginning Net Assets |
1,130,689.12 |
1,168,540.21 |
|
Current Year Change in Net Assets |
(133,558.37) |
(37,851.09) |
|
TOTAL NET ASSETS |
997,130.75 |
1,130,689.12 |
|
TOTAL LIABILITIES & NET ASSETS |
$1,691,535.57 |
$2,068,293.41 |
|