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
