Assets

Current Assets

 

Cash     $1,270,829
Investments     $410,742
Grants and Accounts Receivable     $597,203
Prepaid Expenses     $104,667


TOTAL CURRENT ASSETS: $2,383,441

Property & Equipment

JA Finance Park® Fairfax County     $4,017,262
JA Finance Park® Prince George's County     $3,184,805
Equipment     $   753,528
Furniture     $   528,882
Total     $8,484,477

Less, Accumulated depreciation     ($   1,182,387)


TOTAL Property and Equipment, NET: $7,302,090

Other Assets

Long term grants receivable: $5,654,997

 

Total Assets

$15,340,528


Liabilities

Current Liabilities

 

Accounts payable and accrued expenses     $68,859
Current maturities of long-term debt     $706,000
Deferred rent     $    10,977


TOTAL CURRENT LIABILITIES: $785,836

Long-Term Liabilities

 

Long-term debt     $1,142,003
Deferred rent     $  7,217


TOTAL LONG-TERM LIABILITIES: $1,149,220

Total Liabilities

$1,935,056


Net Assets

Unrestricted     $6,182,364
Temporarily restricted     $7,223,108


TOTAL NET ASSETS: $13,405,472


Total Liabilities & Net Assets $15,340,528