Laserfiche WebLink
COMMUNITY CHILD CARE RESOURCES , INC . <br /> NOTES TO FINANCIAL STATEMENTS ( Cont ' d . ) <br /> Year Ended June 30 , 2002 <br /> Note 3 - Temporarily Restricted Net Assets <br /> Temporarily restricted net assets are available for the following purposes : <br /> Tuition support — 2002/2003 year $ 109000 <br /> Building 153 , 344 <br /> Total temporarily restricted net assets S1634344 <br /> 344 <br /> Net assets released from donor restrictions by incun-ing expenses satisfying the purpose or <br /> time restrictions specified by donors are as follows : <br /> Purpose restrictions accomplished : <br /> Tuition support $ 1000 <br /> Purchase of furniture and supplies for Family Center 11975 <br /> Total assets released from restrictions 12 775 <br /> Note 4 - Retirement Plan <br /> The organization has established a 403 (b) tax - sheltered annuity retirement program . The <br /> plan is funded by employee elective salary reductions . The organization makes no contributions to <br /> the plan . <br /> -7- <br />