Financial Highlights

CEDF Foundation Statement of Financial Position (Audited)

ASSETS: As of 12-31-17

Cash Unrestricted
Cash Restricted 
Marketable Securities
Equity Equivalent Investments 
Accounts Receivable, net
Prepaid Expenses
Loans Receivable – SBA (Net of loan loss reserve)
Investment in Related Entity (Corp.)
Fixed Assets, net
Total Assets

LIABILITIES:

Accounts Payable/Deferred Revenue 
Loans Payable
Total Liabilities

NET ASSETS/RETAINED EARNINGS:

Unrestricted/Retained Earnings
Temporarily Restricted 
Permanently Restricted
Total Net Assets/Retained Earnings 
Total Liabilities/Net Assets/Retained Earnings

 

 


$ 423,291
1,982,040
5,931,023
3,502,877
292,523
39,327
1,118,193
4,958,427
2,261,001
$ 20,508,702

 

343,186
6,593,975
$ 6,937,161

 

$ 11,224,687
346,854
2,000,000
$ 13,571,541
$ 20,508,702

CEDF Foundation Statement of Activities (Audited)

OPERATING REVENUE 12 Months FYE 12-31-17

Investment Income
Support Income
Loans/Credit Income
Contractual Income
Total Revenue

OPERATING EXPENSES

Salary & Related Expenses
Occupancy Expenses
Office Operations Expenses
Employee/Contractual Expenses
Communications/Program Expenses
Financing Expenses
Total Operating Expenses $
Net Operating Income/(Loss)

Change in Unrestricted Net Assets
Change in Temp. Restricted Assets
Total Change in Net Assets
Net Assets & Retained Earnings (Beginning of year)
Net Assets & Retained Earnings (End of year)

 

 

$ 338,517
386,704
76,674
 805,922
$ 1,607,817

 

 $ 1,197,316
100,788
s 113,923
84,583
18,323
 55,977
$ 1,570,910
$ 36,907

$ 301,192
(10,628)
$ 290,564
$ 13,280,977
$ 13,571,541

Total Assets