2013 - 2014 EAST Initiative Annual Report

Page 26

Financials Statement of Financial Position June 30, 2014 (With Comparative Totals for June 30, 2013) Assets

June 30, 2014

June 30, 2013

ASSETS: Cash Accounts receivable Prepaid expenses Fixed assets, net Other assets

$

Total assets

$

Liabilities and Net Assets LIABILITIES:

Accounts payable and accrued expenses Debt

2,623,229 23,100 44,259 77,454 6,942 2,774,984

June 30, 2014 $

Total liabilities

728,906 728,906

$

$

3,003,415 4,950 42,078 74,251 5,795 3,160,489

June 30, 2013 $

1,535,193 1,535,193

NET ASSETS: Unrestricted Temporarily restricted Permanently restricted

1,416,509 627,623 1,946 2,046,078

Total Net Assets

Total liabilities and net assets See anual audit for notes and additional information

25

$

2,774,984

583,381 1,039,969 1,946 1,625,296 $

3,160,489


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