Fiscal Year 2020

Financial Statement for Fiscal Year 2020

FY20
ASSETS
Cash and cash equivalents $11,308,782
Grants and contracts receivable $9,050,689
Prepaid expenses $317,078
Property and equipment, net $2,139,397
TOTAL ASSETS $22,815,946
 
LIABILITIES AND NET ASSETS
Liabilities
Accounts payable and accrued expenses $491,771
Accrued payroll $673,073
Grants payable $1,923,960
Deferred revenue $8,851,550
Deferred rent $2,741,516
TOTAL LIABILITIES $14,681,869
Net Assets
Unrestricted (deficit) ($2,244,008)
Temporarily restricted $10,378,085
TOTAL NET ASSETS $22,815,946
TOTAL LIABILITIES AND NET ASSETS $22,815,946

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