NONPROFIT CORPORATION BALANCE SHEET 2002 (A) 2003

XYZ NONPROFIT CORPORATION
BALANCE SHEET
2002 (A) 2003 (A) 2004 (A)
ASSETS
Current assets
Cash $2,576.00 $20,904.00 $86,971.00
Investments $12,000.00 $12,000.00 $12,000.00
Accounts Receivables, net $88,764.00 $47,884.00 $199,905.00
Prepaid expense $956.00 $1,270.00 $4,026.00
Total Current Assets $104,296.00 $82,058.00 $302,902.00

Property and equipment, net
Land $192,300.00 $193,372.00 $193,372.00
Furniture and equipment $59,135.00 $61,053.00 $92,267.00
Leasehold improvements $35,539.00 $23,380.00 $110,463.00
Total property and equipment $286,974.00 $277,805.00 $396,102.00

TOTAL ASSETS $391,270.00 $359,863.00 $699,004.00

LIABILITIES AND NET ASSETS

LIABILITIES
Current liabilities
Accounts payable $74,826.00 $39,951.00 $104,201.00
Accrued payroll and related liabilities $57,888.00 $45,954.00 $66,359.00
Note payable (current portion) $6,303.00 $8,070.00 $166,161.00
Capital lease obligation (current portion) $0.00 $0.00 $312.00
Total current liabilities $139,017.00 $93,975.00 $337,033.00

Note payable (long term) $0.00 $0.00 $1,904.00
Capital lease obligation (long term) $171,229.00 $166,004.00 $0.00

Total liabilities $310,246.00 $259,979.00 $338,937.00

NET ASSETS
Unrestricted ($38,418.00) ($105,127.00) $27,202.00
Temporarily restricted $119,442.00 $205,011.00 $332,865.00

Total net assets $81,024.00 $99,884.00 $360,067.00

TOTAL LIABILITIES AND NET ASSETS $391,270.00 $359,863.00 $699,004.00
calculate the following:

o Current ratio =
o Long-term solvency ratio =
o Contribution ratio =
o Management/expense ratio =
o Revenue/expense ratio =
calculate the following:

Variable costs =

Fixed costs =

Break-even point =