Financial Statement for Fiscal Year 2013
| FY13 | |
| ASSETS | |
| Cash and cash equivalents | $7,250,723 |
| Grants and contracts receivable, net | $2,951,948 |
| Prepaid expenses | $13,319 |
| Deposit | $163,360 |
| Property and equipment, net | $169,067 |
| TOTAL ASSETS | $10,548,417 |
| LIABILITIES AND NET ASSETS | |
| Liabilities | |
| Accounts payable and accrued expenses | $1,020,221 |
| Accrued payroll | $194,380 |
| Grants payable | $102,790 |
| Deferred revenue | $494,399 |
| Deferred rent | $231,377 |
| TOTAL LIABILITIES | $2,043,167 |
| Net Assets | |
| Unrestricted | $1,220,432 |
| Temporarily restricted | $7,284,818 |
| TOTAL NET ASSETS | $8,505,250 |
| TOTAL LIABILITIES AND NET ASSETS | $10,548,417 |
| FY13 SOURCES OF REVENUE | |
| Grants & Contracts | $10,181,935 |
| Government Grants | $1,411,652 |
| Contributions | $41,521 |
| Rental income | $14,460 |
| Interest income | $14,210 |
| Other income | $18,564 |
| Return of unused grant funds | $(52,809) |
| FY13 EXPENSES BY SERVICES | |
| Health | $8,523,847 |
| Governance | $2,146,302 |
| Market Dynamics | $1,494,643 |
| Education | $2,657,082 |
| Management and General | $520,901 |
