SEEDS OF PEACE, INC. STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31, 2020 AND 2019 2020
2019
Cash flows from operating activities: Increase/(decrease) in net assets
$
(71,017)
$
167,272
Adjustments for non-cash items included in operating activities: Depreciation and amortization Loss/(gain) on investments Donation of investments Bad debts Amortization of pledge discount Discount on pledges Changes in assets and liabilities: Contributions receivable Grants receivable Other receivables Inventory Prepaid expenses Security deposits Accounts payable & accrued expenses Deferred income and refundable advances Net cash provided/(used) by operating activities Cash flows from investing activities: Sale of investments Purchase of investments Purchase of property, equipment and intangibles Net cash provided/(used) by investing activities
61,104 (32,564) (425,280) 6,487 (8,978) -
52,143 721 (258,922) 3,316 27,916
684,020 4,508 (657) 31,740 2,868 (311,670) -
(515,270) (11,147) 18,431 1,653 35,147 15,754 53,918 (13,720)
(59,439)
(422,788)
441,742 (479) (20,000)
253,340 (362,069) (60,891)
421,263
(169,620)
Cash flows from financing activities
-
Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year
361,824
(592,408)
2,283,023
2,875,431
$ 2,644,847
$ 2,283,023
See accompanying notes to the financial statements. -6-
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