Financial Statement for Fiscal Year 2017
| FY17 | |
| ASSETS | |
| Cash and cash equivalents | $8,236,063 |
| Grants and contracts receivable | $25,060,559 |
| Prepaid expenses | $344,534 |
| Property and equipment, net | $1,812,868 |
| TOTAL ASSETS | $35,454,024 |
| LIABILITIES AND NET ASSETS | |
| Liabilities | |
| Accounts payable and accrued expenses | $1,022,556 |
| Accrued payroll | $449,388 |
| Grants payable | $542,935 |
| Deferred revenue | $237,311 |
| Deferred rent | $3,127,592 |
| TOTAL LIABILITIES | $5,379,782 |
| Net Assets | |
| Unrestricted (deficit) | ($1,972,259) |
| Temporarily restricted | $32,046,501 |
| TOTAL NET ASSETS | $30,074,242 |
| TOTAL LIABILITIES AND NET ASSETS | $35,454,024 |
