Assets

Current Assets

Cash     $687,869
Investments     $343,281
Grants and accounts receivable     $657,204
Prepaid expenses     $295,042


TOTAL CURRENT ASSETS: $1,983,396

Property & Equipment

JA Finance Park® Fairfax County     $4,017,262
JA Finance Park® Prince George's County     $2,829,286
Equipment     $   354,031
Furniture     $   388,116
Total     $7,588,695

Less, Accumulated depreciation     ($   882,346)
 


TOTAL Property and Equipment, NET: $6,706,349

Other Assets

Long term grants receivable: $6,037,595

 

Total Assets

$14,727,340


Liabilities

Current Liabilities

Accounts payable and accrued expenses     $465,514
Current maturities of long-term debt     $706,000
Deferred rent     $    5,789


TOTAL CURRENT LIABILITIES: $1,177,303

Long-Term Liabilities

Long-term debt     $937,237
Deferred rent     $  18,194


TOTAL LONG-TERM LIABILITIES: $955,431

Total Liabilities

$2,132,734


Net Assets

Unrestricted     $8,162,709
Temporarily restricted     $4,431,897


TOTAL NET ASSETS: $12,594,606


Total Liabilities & Net Assets $14,727,340