Financial Statement for Fiscal Year 2014
| FY14 | |
| ASSETS | |
| Cash and cash equivalents | $6,578,884 |
| Grants and contracts receivable | $5,186,612 |
| Prepaid expenses | $13,319 |
| Deferred rent asset | $41,230 |
| Deposit | $81,680 |
| Property and equipment, net | $141,917 |
| TOTAL ASSETS | $12,078,846 |
| LIABILITIES AND NET ASSETS | |
| Liabilities | |
| Accounts payable and accrued expenses | $1,270,509 |
| Accrued payroll | $176,447 |
| Grants payable | $158,551 |
| Deferred revenue | $685,464 |
| TOTAL LIABILITIES | $2,290,971 |
| Net Assets | |
| Unrestricted | $1,082,754 |
| Temporarily restricted | $8,705,121 |
| TOTAL NET ASSETS | $9,787,875 |
| TOTAL LIABILITIES AND NET ASSETS | $12,078,846 |
| FY14 SOURCES OF REVENUE | |
| Grants & Contracts | $17,027,615 |
| Government Grants | $2,321,350 |
| Contributions | $15,401 |
| Rental income | $8,400 |
| Foreign currency exchange loss | ($67,255) |
| Interest income | $9,185 |
| Other income | $645 |
| FY14 EXPENSES BY SERVICES | |
| Health | $8,457,128 |
| Education | $2,600,568 |
| Governance | $2,910,323 |
| Innovation | $129,707 |
| Market Dynamics | $1,168,821 |
| Management and General | $2,766,169 |
