PCI Media Annual Report 2020
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<strong>PCI</strong>-<strong>Media</strong> Impact, Inc.<br />
Statement of Financial Position<br />
December 31, <strong>2020</strong><br />
Assets<br />
Cash and cash equivalents<br />
Contributions and grants receivable<br />
Promissory Note Receivable<br />
Prepaid expenses and other assets<br />
Investments<br />
Leasehold improvements and equipment, net<br />
Total assets<br />
<strong>2020</strong><br />
$803,826<br />
271,590<br />
5,349<br />
59,546<br />
26,567<br />
159,179<br />
$1,326,057<br />
2019<br />
$199,074<br />
536,454<br />
13,201<br />
38,291<br />
501,286<br />
229,860<br />
$1,518,166<br />
Liabilities And Net Assets<br />
Liabilities<br />
Accounts payable and accrued expenses<br />
SBA EDIL Disaster Loan<br />
Payroll Protection Loan<br />
Total Liabilities<br />
<strong>2020</strong><br />
$184,515<br />
$152,423<br />
302,105<br />
$639,043<br />
2019<br />
$355,638<br />
-<br />
$355,638<br />
Net Assets<br />
Without Donor Restriction<br />
Operating<br />
Board designated<br />
Sub Total Net Assets W/out Donor Restrictions<br />
With Donor Restrictions<br />
Time restricted for future periods<br />
Purpose restricted<br />
Sub Total Net Assets With Donor Restrictions<br />
Total net assets<br />
Total Liabilities and Net Assets<br />
<strong>2020</strong><br />
($341,291)<br />
583,141<br />
$241,850<br />
-<br />
445,164<br />
445,164<br />
$687,014<br />
$1,326,057<br />
2019<br />
$178,948<br />
509,029<br />
$687,977<br />
-<br />
474,551<br />
474,551<br />
$1,162,528<br />
$1,518,166<br />
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