GGGGGGG FINANCIALS STATEMENTS OF FINANCIAL POSITION as of December 31, 2012
2012 ASSETS $
Cash
7,000
Pledges receivable
46,287
Prepaid expenses and other assets
16,231,975
Cash and certificates of deposit restricted for property
5,320,368
Pledges receivable restricted for property
15,482,483
Proprety, net TOTAL ASSETS
1,340,723
$
38,428,836
$
70,393
LIABILITIES AND NET ASSETS Liabilities Accounts payable and accrued expenses
626,622
Construction payables
6,560,505
Deferred revenue
744,322
Note payable
8,001,842
Total Liabilities
Net Assets 9,391,884
Unrestricted
21,035,110
Temporarily restricted
30,426,994
Total Net Assets TOTAL LIABILITIES AND NET ASSETS
20
//
$
38,428,836