Fiscal Accountability


Assets
Cash & Equivalents $1,008,945.00
Accounts Receivable 817,347.00
Prepaid Expenses 25,232.00
Deposits 17,763.00
Property & Equipment 198,525.00
TOTAL ASSETS $2,067,812.00

Liabilities and Net Assets
Accounts Payable $298,369.00
Accrued Expenses 238,139.00
Other Accrued Liabilities 61,925.00
TOTAL LIABILITIES 598,433.00
Net Assets 1,469,379.00
TOTAL LIABILITIES AND NET ASSETS $2,067,812.00

Unrestricted New Assets
Contributions $36,813.00
Board and Care Fees 2,837,280.00
Foster Care Fees 2,514,971.00
Governmental Grants 1,864,904.00
Interest & Miscellaneous 37,848.00
Net Assets Released From Restrictions 62,251.00
TOTAL SUPPORT & REVENUE $7,354,066.00

Expenses
Board & Care $2,909,960.00
Youth Employment Training 1,484,498.00
Foster Family 2,439,891.00
Chaplaincy 68,563.00
Management & General 300,788.00
Fundraising 11,716.00
TOTAL EXPENSES $7,215,416.00
Increased in Unrestricted Net Assets 138,650.00

Temporarily Restricted
Net Assets
Contributions $119,308.00
Subtotal Support & Revenue $119,308.00
Net Assets Released From Restrictions 62,251.00
Increase in Net Assets 195,707.00
Net Assets at Beginning of Year 1,273,672.00
Net Assets at End of Year $1,469,379.00

My best memories of my youth were those I have of my stay at the CFLC group homes.

CFLC Kids