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2019 2020
ASSETS
Current Assets:
Cash $2,768,959 $493,968
Investments, at Fair Value $28,259 $32,892
Interest Receivable $24,094 $43,357
Current portion of Notes Receivable $129,324 $1,034,700
Grants and other Receivables $38,383 $45,753
Funds held for others $61,713 $119,998
Current portion of Mortgages Receivable $43,256 $15,437
Prepaid Expenses and other Assets $16,164 $20,098
Financing Receivables:
Current Portion of Construction Financing Receivables $4,179,215 $9,981,622
Less: Allowances For Losses of $25,000 $25,000 $25,000
Total Financing Receivables $4,154,215 $9,956,622
Total Current Assets $7,264,367 $11,762,825
Notes Receivable, net of Current Portion $1,012,111 $1,000,014
Due from affiliate-RHDFC $116,877 $70,815
Mortgages Receivable, net of Current Portion $116,202 $75,255
Construction financing receivables, net of current portion $1,482,051 $107,391
Tax Credit Fund $451 $403
Property and Equipment, net $3,723 $3,295
Total Assets: $9,995,782 $13,019,998
LIABILITIES & NET ASSETS
Current Liabilities:
Line of credit - $2,525,000
Accounts Payable $769 $5,848
Management fee payable-RHDFC $5,650 $12,288
Accrued Payroll, Vacation and Payroll Taxes $16,773 $21,443
Funds held for others $61,713 $119,998
Deferred Revenue 2,334 $379,334
Total Current Liabilities: $87,239 $3,063,911
Net Assets:
Net Assets without donor restrictions $6,619,532 $6,649,071
Net Assets with donor restrictions $3,289,011 $3,307,016
Total Net Assets $9,908,543 $9,956,087
TOTAL LIABILITIES AND NET ASSETS: $9,995,782 $13,019,998