Page 28 - CALEA 2017 Annual Report

2017 FINANCIAL STATEMENT For the Year Ended December 31, 2017
STATEMENT OF FINANCIAL POSITION
Current Assets
Cash and cash equivalents
Accounts receivable,
net of allowance for doubtful accounts of $12,252
Inventory
Prepaid expenses
Total Current Assets
Noncurrent Assets
Investments
Property and equipment, net Deposits
Total Noncurrent Assets
TOTAL ASSETS
Current Liabilities
Accounts payable
Accrued vacation
Deferred agency fees
Deferred on-site review fees
Other deferred revenue
Total Current Liabilities
Noncurrent Liabilities
Deferred agency fees
Deferred on-site review fees
Deferred rent, noncurrent
Total Noncurrent Liabilities
TOTAL LIABILITIES
Net Assets
TOTAL LIABILITIES AND NET ASSETS
2,036,995
196,402 23,457 109,997 2,366,851
5,340,613 195,087 17,294 5,552,994 7,919,845
135,570 124,180 1,096,456 401,712 255,681 2,013,599
166,820 2,279,096 27,977 2,473,893 4,487,492 3,432,353 7,919,845
28 CALEA® THE GOLD STANDARD IN PUBLIC SAFETY