Annual Report 2016
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Consolidated Statement of Financial Position<br />
Statement of<br />
Activities and Changes<br />
in Net Assets<br />
Support & Revenue<br />
State Gov ……………… $14,434,243<br />
General Program ………… $532,713<br />
Grants …………………….. $1,511,848<br />
Public ………………………… $445,099<br />
Total …………………… $16,923,903<br />
Expenses<br />
Program ………………. $14,230,909<br />
Management …………. $1,830,023<br />
Fundraising ……………….. $87,380<br />
Total ……………….. $16,148,312<br />
Change in Net ………….. $775,591<br />
Net – Begin …………….. $4,395,655<br />
Net – End ……………….. $5,171,246<br />
Current Assets <strong>2016</strong> 2015<br />
Cash and cash equivalents 5,837,777 3,501,395<br />
Investments 2,105,297 2,090,985<br />
Due from state of Maryland 490,911 121,238<br />
Accounts receivable, other 121,695 103,793<br />
Accounts receivable, clients, net of<br />
allowance for doubtful account 9,869 876<br />
Unconditional promises to give 28,050 38,100<br />
Prepaid expenses 163,787 164,096<br />
Total current assets 8,757,386 6,020,483<br />
Unconditional Promises to Give<br />
Long term 13,983 41,237<br />
Property and Equipment<br />
Net of accumulated depreciation 8,603,134 8,027,893<br />
Other Assets<br />
Deferred refinancing fees, net of<br />
accumulated amortization 46,631 50,514<br />
Security deposits and escrows 174,438 169,822<br />
Total other assets 221,069 220,336<br />
Total assets 17,595,572 14,309,949
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