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Financials As of June 30, 2017

DISTRIBUTION OF FUNDING

SOURCES OF FUNDING

Fundraising

0.9%

Management and General

9.6%

Private

15.9% City

16.5%

Federal

52.5%

Youth Program Services

89.5%

State

15.1%

STATEMENT OF FINANCIAL POSITION

ASSETS

LIABILITIES AND NET ASSETS

Current Assets

Current Liabilities

Cash

2,640,007

Accounts payable, subcontractors

Grants and contracts receivable

7,624,769

Accounts payable, other

357,070

Prepaid expenses

75,140

Accrued expenses

418,366

Security deposits

47,410

Deferred revenue

1,613,290

Other current assets Total Current Assets Property and equipment - Net Total Assets

125,232 10,512,558 456,537 $ 10,969,095

Total Current Liabilities

Unrestricted Temporarily restricted

Support and Revenues Contributions Other fees Interest income Total Support and Revenues Net assets released from time purpose restriction Total

1,688,947 771,191 2,460,138

Total Liabilities and Net Assets $ 10,969,095

STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS Grants and contracts

8,508,957

Net Assets

Total Net Assets

21

6,120,231

Operating Expenses 24,361,996 508,098 1,238,047

Youth program services Management and general Fundraising

2,397,260 228,256 25,055,763

21 26,108,162

22,430,247

Changes in net assets

1,052,399

0

Net assets, beginning of year

1,407,739

$ 26,108,162

Net Assets, End of Year

$ 2,460,138

*Complete copies of the Independent Auditors’ Reports and Financial Statements are available upon request: info@pyninc.org

Blueprint for Success  

PYN Annual Report 2016-2017

Blueprint for Success  

PYN Annual Report 2016-2017