18
WOMEN BUILDING FUTURES SOCIETY
STATEMENT OF FINANCIAL POSITION
DECEMBER 31, 2013
December 31 December 31
2013 2012
ASSETS
CURRENT ASSETS
Cash $ 1,688,261 $ 1,237,809
Short-term investments 1,500,000 110,000
Accounts receivable 147,802 136,700
Prepaid Expenses 18,843 13,044
3,354,906 1,497,553
RESTRICTED CASH 267,000 267,000
PROPERTY AND EQUIPMENT 8,769,363 9,226,453
$12,391,269 $10,991,006
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Accounts payable and accrued liabilities $ 166,492 $ 151,774
Deferred contributions related to operations 2,316,644 652,304
Deferred revenue 614,031 430,522
Callable debt obligations 438,446 475,284
3,535,613 1,709,884
DEFERRED CONTRIBUTIONS RELATED TO
PROPERTY AND EQUIPMENT 7,583,428 8,000,496
11,119,041 9,710,380
NET ASSETS
Invested in property and equipment 747,489 750,673
Internally restricted 267,000 267,000
Unrestricted 257,739 262,953
1,272,228 1,280,626
$ 12,391,269 $10,991,006
