Balance Sheet

Fiscal Year: 2015
Jan 1, 2015 – Dec 31, 2015
Assets in 2015 (Year End)
$24,592,359
Cash & Equivalents
50%
Investments
34%
Other Assets
11%
Receivables (Non-Related)
4%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2015 (Year End)
$72,371,449
Tax-Exempt Bond Liabilities
58%
Deferred Revenue
28%
Other Liabilities
12%
Payables & Accruals
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2014
2015
Change
Cash & Equivalents
$12,241,983
$12,404,273
+1%
Receivables (Non-Related)
$937,870
$909,394
-3%
Related-Party Receivables
-
-
-
Inventories
$73,897
$65,002
-12%
Prepaid Expenses
$36,478
$28,712
-21%
Investments
-
$8,380,417
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$10,480,136
$2,804,561
-73%
Total Assets
$23,770,364
$24,592,359
+3%
Liabilities
2014
2015
Change
Payables & Accruals
$1,270,454
$1,131,986
-11%
Grants Payable
-
-
-
Deferred Revenue
$19,905,989
$20,570,111
+3%
Tax-Exempt Bond Liabilities
$42,565,428
$42,320,532
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$8,246,155
$8,348,820
+1%
Total Liabilities
$71,988,026
$72,371,449
+1%
Net assets
2014
2015
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$48,217,662
-$47,779,090
+1%
Net assets
2014
2015
Change
Net assets
-$48,217,662
-$47,779,090
+1%