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t <br /> 7 <br /> HOMELESS ASSISTANCE CENTER, INC. <br /> Notes to Financial Statements <br /> As of June 30 , 2002 and 2001 , uninsured investments in money market funds <br /> included in cash and cash equivalents and assets restricted to investment in building <br /> fund totaled $ 139 , 582 and $ 194 , 821 , respectively . <br /> The Organization had no significant concentrations of credit risk with respect to <br /> pledges receivable and collateral is not required to support pledges receivable . <br /> (g) Prior Period Information <br /> The financial statements include certain prior-year summarized comparative <br /> information in total but not by net asset class . Such information does not include <br /> sufficient detail to constitute a presentation in conformity with generally accepted <br /> accounting principles . Accordingly, such information should be read in conjunction <br /> with the Organization ' s financial statements for the year ended June 30 , 2001 , from <br /> which the summarized information was derived . <br /> (3) Receivables <br /> As of June 30 , 2002 and 2001 , the Organization ' s contributions receivable totaling <br /> $ 50 , 896 and $ 23 ,484 , respectively, consisted of unconditional pledges for which the <br /> Organization anticipates full collection . <br /> (4) Property and Equipment <br /> As of June 30 , 2002 and 2001 , the components of the Organization ' s property and <br /> equipment were as follows : <br /> 2002 2001 <br /> Land $ 140 , 600 65 , 000 <br /> Buildings and improvements 442 , 564 183 , 927 <br /> Leasehold improvements — 29, 991 <br /> Vehicles 11 ,211 — <br /> Furniture and equipment 375422 26 , 035 <br /> Computer equipment 15 , 844 61427 <br /> 647 ,641 311 , 380 <br /> Less accumulated depreciation 26 , 111 13 , 879 <br /> $ 621 , 530 297 , 501 <br /> (Continued) <br />