Financial Statement for Fiscal Year 2021
| FY21 | |
| ASSETS | |
| Cash and cash equivalents | $3,201,496 |
| Investments | $3,964,346 |
| Grants and contracts receivable | $7,578,228 |
| Prepaid expenses | $79,875 |
| Property and equipment, net | $1,935,504 |
| TOTAL ASSETS | $16,759,449 |
| LIABILITIES AND NET ASSETS | |
| Liabilities | |
| Accounts payable and accrued expenses | $1,369,495 |
| Accrued payroll | $728,153 |
| Grants payable | $2,291,226 |
| Deferred revenue | $6,215,824 |
| Deferred rent | $2,483,258 |
| TOTAL LIABILITIES | $13,087,956 |
| Net Assets | |
| Unrestricted (deficit) | ($2,289,215) |
| Temporarily restricted | $5,960,493 |
| TOTAL NET ASSETS | $3,671,493 |
| TOTAL LIABILITIES AND NET ASSETS | $16,759,449 |
