Consolidated Statement of Activities
Consolidated Statement of Financial Position
Year ended Sept. 30, 2019
|
Revenues |
|
|
Contributions |
1,219,274 |
|
Grants and contracts |
487,520,589 |
|
Investment income |
3,659,506 |
|
Licensing fees and other |
2,639,956 |
|
Net assets released from restrictions and transfers |
- |
|
Total revenues |
495,039,325 |
|
Expenses |
|
|
Program services |
|
|
Research grants and contracts |
472,837,164 |
|
Other program activities |
11,963,300 |
|
Endowment and similar programs |
10,611,046 |
|
Special projects |
1,578,820 |
|
Total program services |
496,990,330 |
|
Total support services |
6,476,018 |
|
Total expenses |
503,466,348 |
Change in net assets |
(8,427,023) |
| Net assets, beginning of year | $148,311,200 |
Net assets, end of year |
$139,884,177 |
Consolidated Statement of Financial Position
|
As of Sept. 30, 2019 |
|
|
Assets |
|
|
Cash and cash equivalents |
$51,117,230 |
|
Grants and contracts receivable, net |
116,297,134 |
|
Prepaid expenses and other current assets |
6,407,016 |
|
Investments |
44,445,661 |
|
Property and equipment, net |
5,818,992 |
|
Receivable for carry-forward of indirect costs |
575,405 |
|
Total Assets |
$224,661,438 |
|
Liabilities |
|
|
Accounts payable and accrued expenses |
$49,673,925 |
|
Accounts payable due to change in donor intent |
- |
|
Accrued leave and benefits |
14,590,163 |
|
Deferred revenue |
4,544,045 |
|
Deferred rent |
6,183,662 |
|
Other payables |
9,785,466 |
|
Total Liabilities |
84,777,261 |
|
Net assets |
|
|
Without donor restriction |
89,515,074 |
|
With donor restriction |
50,369,103 |
|
Total net assets |
139,884,177 |
|
Total liabilities & net assets |
$224,661,438 |