Statement of Financial Position Year Ending December 31, 2009
Assets | Total current assets | $ 81,121,528 | | Property, net | $ 9,188,215 | | Investments | $ 27,368,254 | | Other assets | $ 1,330,603 | | Total assets | $ 119,008,600 | Liabilities and Net Assets | Total current liabilities | $ 37,219,143 | | Deferred revenue | $ 31,571,849 | | Deferred rent | $ 8,759,936 | | Net assets-undesignated | $ 41,269,281 | | Net assets-Board-designated | $ 144,955 | | Net assets-temporarily restricted | $ 43,436 | | Total Liabilities and Net Assets | $ 119,008,600 | Statement of Activities Year Ending December 31, 2009 | Revenue | | | Studies and projects | $ 433,791,244 | | Investments | $ 231,440 | | Restricted contributions | $ 1,754,642 | | Other | $ 4,889,976 | | Total revenue | $ 440,667,302 | | | | | Expenses | | | Program services | $ 388,601,407 | | Management and administration | $ 40,976,040 | | Program development | $ 7,401946 | | Total Expenses | $ 436,979,393 | | | | | Change in net assets | | | Unrestricted | $ 3,852,568 | | Temporarily restricted | $ (50,394) | | Net assets, beginning of year | $ 37,655,498 | | Net assets, end of year | $ 41,457,672 | |
