Balance Sheet

Fiscal Year: 2015
Jan 1, 2015 – Dec 31, 2015
Assets in 2015 (Year End)
$7,196,383
Investments
48%
Cash & Equivalents
41%
Receivables (Non-Related)
8%
Other Assets
2%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2015 (Year End)
$15,489,996
Notes Payable / Debt (Non-Related)
42%
Other Liabilities
35%
Tax-Exempt Bond Liabilities
10%
Deferred Revenue
9%
Payables & Accruals
4%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2014
2015
Change
Cash & Equivalents
$5,217,756
$2,922,439
-44%
Receivables (Non-Related)
$851,441
$591,898
-30%
Related-Party Receivables
-
-
-
Inventories
$52,474
$51,682
-2%
Prepaid Expenses
$9,549
$12,067
+26%
Investments
-
$3,486,216
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$144,335
$132,081
-8%
Total Assets
$6,275,555
$7,196,383
+15%
Liabilities
2014
2015
Change
Payables & Accruals
$649,700
$625,903
-4%
Grants Payable
-
-
-
Deferred Revenue
$1,547,253
$1,399,633
-10%
Tax-Exempt Bond Liabilities
$1,615,000
$1,520,000
-6%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,610,566
$6,486,998
+41%
Related-Party Payables
-
-
-
Other Liabilities
$5,015,200
$5,457,462
+9%
Total Liabilities
$13,437,719
$15,489,996
+15%
Net assets
2014
2015
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$7,162,164
-$8,293,613
-16%
Net assets
2014
2015
Change
Net assets
-$7,162,164
-$8,293,613
-16%