Page 9 - EPIC Annual Report 2021
P. 9
FINANCIAL SUMMARY
Statement of Financial Position
Current Assets Liabilities and Net Assets
Cash $3,653,533 Current Liabilities $1,043,718
Investments in Securities 6,534,375 Long Term Liabilities 872,329
Other 161,662 Total Liabilities 1,916,047
Homes & Equipment (net) 5,360,377 Net Assets 13,793,900
TOTAL LIABILITIES &
TOTAL ASSETS $15,709,947 NET ASSETS $15,709,947
Statement of Activities
Revenue
Revenue
Residential Services $7,737,034
Meaningful Day 2,011,686 Residential Services,
Services 58%
Investments, Meaningful Day
Government Grants 1,822,435
13% Services, 15%
Contributions 45,592
Government
Investments 1,789,514 Contributions, Grants, 13.7%
0.3%
$13,406,261
Expenses
Expenses
Programs $7,506,521
General & 1,123,845 Administration
Administration Administration, 13%
Total Expenses 8,630,366 Programs Programs,
87%
Increase in Net Assets 4,775,895 0 2 4 6 8
Millions
53% Increase in Net Assets Over Prior year
Net Assets, Beginning 9,018,005 Net Assets June 30, 2020 $9,018,005
Year Net Assets June 30, 2021 13,793,900
Increase in Net Assets 4,775,895
Net Assets, End of Year $13,793,900 Percentage Increase 53%
