Financials        
December 31, 2003 and 2002        
         
Assets   2003   2002
         
Current Assets:        
Cash and equivalents   $121,403   $231,681
Investments   $5,280   $11,819
Accounts Receivable   $3,416   $3,409
Inventory   $50,262   $55,106
Prepaid expenses   $4,402   $6,363
         
Total Current Assets
   $184,763   $308,378
         

Current Monthly Operating Budget is $34,500

NOTE:

General: $22,600 cash

Grants: $2,400 HCH grant

In-Kind: $9,500 In-Kind program supplies

 
Property & Equipment        
         
Buildings and Improvements   $0   $134,716
Leasehold Improvements $180,100 $180,100
Equipment   $78,183   $71,140
$258,283 $385,956
Less accumulated depreciation   $229,912   $261,353
$28,371 $124,603
         
Other Assets:        
Safety Bank Club   $13,389   $7,219
SSI Entitlement Program   $7,446   $7,446
Total other assets   $20,855   $14,665
Total Assets
   $233,989   $447,646
         
Liabilities        
         
Current Liabilities:        
Term debt, current maturities   $0   $58,245
Accounts payable   $21,280   $12,470
Accrued expenses   $83,058   $97,141
Total Current Liabilities
   $104,338   $167,856
         
Funds Held in trust        
Safety Bank Club liability   $23,736   $14,298
SSI Entitlement Program liability   $2,469   $5,187
    $26,205   $19,485
Total Liabilties
   $130,543   $187,341
         
Net Assets        
         
Net Assets:        
Unrestricted   $103,446   $260,208
Temporarily Restricted   $0   $97
Total net assets   $103,446   $260,305
Total Liabilities and Net Assets   $233,989   $447,646