Page 10 - annual report cover final
P. 10
8 Statement of
Financial Position
Dallas/Fort Worth Minority Supplier Development Council, Inc.
Statement of Financial Position
December 31, 2016
Assets DFWMSDC MBDA TOTAL
73,194
Cash and cash equivalents 1,109,401 1,182,595
Accounts Receivable 68,746 487 68,746
Deposits 7,230 1,123 7,230
Prepaid Expenses 5,983 74,805 5,983
Other Assets 0 487
Fixed assets net of depreciation 50,530 14,297 51,653
Total Assets 3,724
1,241,889 1,316,693
Liabilities and Net Assets 18,020
37,129 51,426
Accounts payable 142,537 56,784 146,261
Other Current Liabilities 179,666 0 197,687
Total Liabilities
1,062,222 56,784 1,119,007
Net Assets 0 0
Unrestricted 1,062,222 1,119,007
Temporarily restricted
Total Net Assets
Total Liabilities and Net Assets 1,241,889 74,805 1,316,693
8
