Annual Report 2012

Page 16

Financial Statements Year Ending September 30th

Assets

2012

CURRENT ASSETS Cash and cash equivalents Grants and contract revenue receivable

$310,029

$404,102

543,997

1,223,518

1,259,301

516,628

77,149 43,304 $2,233,780

58,762 117,331 $2,320,341

$457,490

$430,781

Investments at fair value

20,473,766

19,021,473

Investment in Land, LLC Investment in RCC Total investments

8,900,000 4,689,894 $34,063,660

8,900,000 4,035,131 $31,956,604

Fixed assets - net of accumulated depreciation Assets held under charitable trust agreements Total Assets

6,019,189 334,003 $43,108,122

6,013,565 281,174 $41,002,465

2012

2011

Contributions receivable Other receivables Other assets Total current assets Contributions receivable, net of current portion INVESTMENTS

Liabilities and Net Assets CURRENT LIABILITIES

Tax-exempt bond financing, current portion

$250,000

$235,000

908,776

725,358

32,500

35,625

1,712,976

1,366,893

53,045 379,816 $3,337,113

59,166 7,379 $2,429,421

5,420,000 469,645

5,670,000 454,536

Liabilities under split-interest agreements Funds held for others Total Liabilities

221,052 83,603 $9,531,413

207,653 37,397 $8,799,007

NET ASSETS Unrestricted

24,798,050

24,167,037

2,855,752

2,113,514

5,922,907 $33,576,709 $43,108,122

5,922,907 $32,203,458 $41,002,465

Line of credit Grants and awards payable Accounts payable and accrued liabilities Postretirement benefits, current Deferred revenue Total current liabilities Tax-exempt bond financing, net of current portion Postretirement benefits, net of current

Temporarily restricted Permanently restricted Total net assets Total Liabilities and Net Assets

14

2011

RESOURCES FOR THE FUTURE


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