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CATHOLIC CHARITIES OF TFIE
<br /> DIOCESE OF PALM BEACEL INC.
<br /> STATEMENTS OF FINANCIAL POSITION
<br /> June 30, 2002 and 2001
<br /> i
<br /> 2002
<br /> Temporarily r
<br /> Unrestricted Restricted Total
<br /> ASSETS
<br /> CURRENT ASSETS
<br /> Cash and cash equivalents $ 55,358 $ $ 55,358
<br /> Investments 931,357 2,231,598 3,162,955
<br /> Accounts receivable
<br /> Operating fees 18,925 18,925 f
<br /> Grants and contracts 201,914 201,914 i
<br /> Other 46,785 46,785
<br /> TOTAL ACCOUNTS RECEIVABLE 267,624 0 267,624
<br /> TOTAL CURRENT ASSETS 1,254,339 2,231,598 31485,937
<br /> NON-CURRENT ASSETS
<br /> Property and equipment i
<br /> Furniture and equipment 435,825 435,825
<br /> Vehicles 170,048 170,048
<br /> Building improvements 567,185 567,185
<br /> 1,1731058 0 1,173,058
<br /> Less accumulated depreciation and amortization (6021173) (602,173)
<br /> Property and equipment, net 570,885 0 57005
<br /> i
<br /> Other Assets f
<br /> 19,574 19,574
<br /> TOTAL NON-CURRENT ASSETS 590,459 0 590,459
<br /> TOTAL ASSETS $ 1,844,798 $ 2,231598 $ 4,076,396
<br /> LIABILITIES AND NET ASSETS f
<br /> CURRENT LIABILITIES .
<br /> Accounts payable $ 48,931 $ $ 48;931
<br /> Accrued expenses
<br /> 77,428 , 77,428 }
<br /> Deferred revenue , 73,371 73,371 _
<br /> TOTAL CURRENT LIABILITIES 1991730 0 199,730
<br /> NET ASSETS i
<br /> I
<br /> Expended for property and equipment, net 570,885 570,885
<br /> Board designated 1,074,183 1,074,183
<br /> Temporarily restricted 2,231,598 21231,598 f
<br /> TOTAL NET ASSETS 1,6451068 2,2311598 3,876,666
<br /> TOTAL LIABILITIES AND NET ASSETS $ L844,798 $ 2,231,598 $ 0761396
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