WATOTO CHILD CARE MINISTRY, INC. STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2018 Without Donor Restrictions Assets Current Assets Cash and cash equivalents Investments Accounts receivable Inventory Program inventory Prepaid assets
$
Total Current Assets Property and equipment, net of accumulated depreciation of $231,695 Total Assets
585,849 248,313 257,190 90,065 1,693 105,954
With Donor Restrictions
$
Total
985,329 -
$ 1,571,178 248,313 257,190 90,065 1,693 105,954
1,289,064
985,329
2,274,393
1,409,781
-
1,409,781 $ 3,684,174
$
2,698,845
$
985,329
$
96,482 55,125
$
-
Liabilities and Net Assets Current Liabilities Accounts payable Current portion of note payable
$
96,482 55,125
Total Current Liabilities
151,607
-
151,607
Long-term note payable
443,701
-
443,701
595,308
-
595,308
1,192,582 910,955
-
1,192,582 910,955
2,103,537
-
2,103,537
-
985,329
985,329
-
985,329
985,329
2,103,537
985,329
3,088,866
985,329
$ 3,684,174
Total Liabilities Net Assets Without donor restrictions: Undesignated Invested in property and equipment Total Net Assets Without Donor Restrictions With donor restrictions: Purpose restrictions Total Net Assets With Donor Restrictions Total Net Assets Total Liabilities and Net Assets
$
2,698,845
$
Read Report of Independent Certified Public Accountants. The accompanying notes are an integral part of these financial statements. 3