Statement of Financial Position
Year Ending December 31, 2006
Assets | Total current assets | $ 59,168,755 | | Property and equipment, net | $ 7,620,361 | | Long-term investments | $ 20,193,480 | | Other assets | $ 794,696 | | Total assets | $ 87,777,292 | Liabilities | Total current liabilities | $ 53,138,800 | | Accrued rent abatement | $ 567,813 | | Net assets-unrestricted | $ 33,419,093 | | Net assets-Board designated | $ 107,000 | | Net assets-temporarily restricted | $ 544,586 | | Total liabilities and net assets | $ 87,777,292 | Statement of Activities
Year Ending December 31, 2005 | Revenue | | | Studies and projects | $ 328,642,824 | | Investments | $ 2,059,824 | | Restricted contributions | $ 4,332,983 | | Other | $ 0 | | Total revenue | $ 335,035,631 | | | | | Expenses | | | Program services | $ 292,300,315 | | Management and administration | $ 26,278,020 | | Program development | $ 7,039,294 | | Total Expenses | $ 325,617,629 | | | | | Change in net assets | | | Unrestricted | $ 9,942,395 | | Temporarily restricted | $ (524,393) | | Net assets, beginning of year | $ 24,652,677 | | Net assets, end of year | $ 34,070,679 | |
