2011 Catalyst Annual Report

FINANCIALS AND NOTES TOCONSOLIDATED FINANCIALSTATEMENTSConsolidated statements of financial positionASSETS 2011 2010Cash (Notes 2F and 11) $2,205,461 $1,133,458Grants and contributions receivable (Notes 2G and 3) 1,511,495 937,956Accounts and other receivables (Note 2G) 93,238 379,308Investments (Notes 2D, 2N, 5, 10 and 11) 12,927,449 12,524,987Publication inventory (Note 2H) 19,525 40,464Prepaid expenses and other assets 114,933 88,353Property and equipment, net (Notes 2E, 4 and 7) 233,131 257,987TOTAL ASSETS $17,105,232 $15,362,513LIABILITIESAccounts payable and accrued expenses $1,143,298 $911,362Deferred revenue (Note 2K) 895,724 414,550Deferred rent obligation (Notes 2J and 9) 110,454 221,053TOTAL LIABILITIES 2,149,476 1,546,965COMMITMENTS AND CONTINGENCIES (Note 9)NET ASSETS (Notes 2C and 6)Unrestricted 11,120,975 10,156,022Temporarily restricted 526,628 686,505Permanently restricted 3,308,153 2,973,021TOTAL NET ASSETS 14,955,756 13,815,548TOTAL LIABILITIES AND NET ASSETS $17,105,232 $15,362,513Catalyst Annual Report 2011 | 42