FINANCIALS CONTINUED
STATEMENTS OF FINANCIAL POSITION
JUNE 30, 2015 AND 2014
LIABILITIES AND NET ASSETS
ASSETS
CURRENT ASSETS
CURRENT LIABILITIES
2015
2014
$10,266,645
$9,698,591
$469,380
$257,974
-
$110,442
$97,505
-
-
$ 6,785
$ 366,971
$255,033
$11,200,501
$10,328,825
$3,048,000
$3,036,000
$22,211,347
$23,397,738
Facility Repair and Improvements Reserve Fund
$1,578,624
$560,153
Other Assets
$1,570,324
$1,287,422
$127,440
$127,440
$39,736,236
$38,737,578
Cash and Cash Equivalents
Due from Community Capital Corporation
Due from Carlos Rosario Educational Foundation
Grant Receivable
Other Receivables
Prepaid Expenses
TOTAL CURRENT ASSETS
Certificates of Deposit
Property and Equipment, Net
Deposits
TOTAL ASSETS
CARLOS ROSARIO INTERNATIONAL PUBLIC CHARTER SCHOOL / 2015 ANNUAL REPORT
2015
2014
Accounts Payable
$424,930
$293,048
Accrued Salaries and Related Expenses
$2,525,047
$738,503
Deferred Revenue
$33,311
$28,940
Current Portion of Capital Lease Obligations
$130,619
$134,565
TOTAL CURRENT LIABILITIES
$3,113,907
$1,195,056
Deferred Rent
$2,344,776
$2,407,280
Capital Lease Obligations
$13,179,592
$13,310,211
Other Liabilities
$289,868
$1,287,422
TOTAL LIABILITIES
$18,928,143
$18,199,969
2015
2014
NET ASSETS
Unrestricted
Temporarily Restricted
$20,674,237
$20,537,609
$133,856
-
TOTAL NET ASSETS
$20,808,093
$20,537,609
TOTAL LIABILITIES AND NET ASSETS
$39,736,236
$38,737,578
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