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2019 2018
ASSETS
Current Assets:
Cash $3,020,039 $2,427,535
Investments, at Fair Value $28,259 $23,204
Interest Receivable $24,093 $22,036
Current portion of Notes Receivable $246,201 $265,121
Grants and other Receivables $38,383 $55,735
Funds held for others $348,125 $294,744
Current portion of Mortgages Receivable $43,256 $40,476
Prepaid Expenses and other Assets $16,164 $15,119
Financing Receivables:
Current Portion of Construction Financing Receivables $6,537,367 $7,173,391
Less: Allowances For Losses of $25,000 $25,000 $25,000
Total Financing Receivables $6,512,367 $7,148,391
Total Current Assets $10,276,887 $10,292,361
Notes Receivable, net of Current Portion - $1,303,114
Mortgages Receivable, net of Current Portion - $159,457
Tax Credit Fund $451 $525
Property and Equipment, net $3,722 $4,125
Total Assets: $10,281,060 $11,759,582
LIABILITIES & NET ASSETS
Current Liabilities:
Accounts Payable $769 $523
Management fee payable-RHDFC $5,650 $9,084
Accrued Payroll, Vacation and Payroll Taxes $16,773 $14,416
Construction financing participation loan - $1,660,252
Funds held for others $348,125 $294,744
Deferred Revenue - $2334
Total Current Liabilities: $371,317 $1,981,353
Net Assets:
Net Assets without donor restrictions $6,620,732 $6,534,437
Net Assets with donor restrictions $3,289,011 $3,243,792
Total Net Assets $9,909,743 $9,778,229
TOTAL LIABILITIES AND NET ASSETS: $10,281,060 $11,759,582