Citrus Peel 2015-2016
Vol.4
Vol.4
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FINANCIALS<br />
Girl Scouts of <strong>Citrus</strong>, Inc.<br />
Statements of Financial Position<br />
September 30,<br />
<strong>2015</strong> 2014<br />
Assets<br />
Current Assets<br />
Cash and cash equivalents $1,438,002 $1,262,291<br />
Assets limited as to use $2,297,269 $2,397,749<br />
Receivables, net $72,927 $86,362<br />
Inventory $162,665 $127,638<br />
Prepaid Expenses $116,992 $39,718<br />
Total Current Assets $4,087,855 $3,913,758<br />
Property and Equipment, net $2,865,797 $3,018,161<br />
Other Assets $4,290 $4,290<br />
Total Assets $6,957,942 6,936,209<br />
Liabilities & Net Assets<br />
Liabilities<br />
Accounts payable $108,619 $69,133<br />
Accrued expenses $264,483 $291,676<br />
Deferred revenues $55,607 $40,533<br />
Current portion of note payable $30,114 $46,812<br />
Capital lease - $2,899<br />
Total Current Liabilities $458,823 $451,053<br />
Long-term liabilities<br />
Note payable $332,775 $344,514<br />
Total Liabilities $791,598 $795,567<br />
Net Assets<br />
Unrestricted $3,862,893 $3,736,711<br />
Board designated -<br />
operational reserves<br />
$1,625,018 $1,694,688<br />
Temporarily restricted $678,433 $709,243<br />
Total net assets $6,166,344 $6,140,642<br />
Total liabilities and net<br />
assets<br />
$6,957,942 $6,936,209<br />
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