Assets

Current Assets

 

Cash $1,941,428
Investments $736,459
Grants and Accounts Receivable $2,219,082
Prepaid Expenses $48,505


TOTAL CURRENT ASSETS: $4,945,474

 

Property & Equipment

Finance Park - Fairfax County $4,017,262
Finance Park - Prince George's County $3,240,742 Finance Park - Montgomery County $2,008,002
Equipment $991,932
Furniture $724,460


Total     $10,982,398
Less Accumulated depreciation    ($2,378,236)


TOTAL PROPERTY AND EQUIPMENT, NET: $8,604,162

 

Other Assets

$2,899,904

TOTAL ASSETS

$16,449,540


Liabilities

Current Liabilities

Accounts payable & accrued expenses    $495,644
Current maturities of long-term debt    $561,755


TOTAL CURRENT LIABILITIES: $1,057,399

 

Long-term Liabilities

Long-term debt     $504,049

Deferred rent     $36,279

Total Current Liabilities $540,328

 

TOTAL LIABILITIES

$1,597,727
 

Net assets

Without Donor Restrictions     $8,930,599
With Donor Restrictions     $5,921,214

TOTAL NET ASSETS: $14,851,813

 

Total Liabilities & Net Assets $16,449,540