Page 29 - TMCF Annual Report, 2022

Assets
Cash and cash equivalents
Accounts receivable
Government grants receivable
Grants and contributions receivable, net Notes receivable
2022
2021
64,548,995 34,772 1,921,861 6,589,649 25,000 49,439,178 565,598 - - 3,218
Thurgood Marshall College Fund and Affiliates
Consolidated Statements of Financial Position December 31, 2022 and 2021
61,574,459 28,872 2,011,359 7,098,132 - Investments 43,545,862
Prepaid expenses and other assets Right-of-use asset – operating lease Deferred compensation asset Security deposit
Total assets
Liabilities and Net Assets
Liabilities
Accounts payable and accrued expenses Deferred revenue
Deferred rent
Lease liability – operating lease Deferred compensation liability
Total liabilities
Net Assets
Without donor restrictions: Undesignated Board-designated reserve fund
Total without donor restrictions With donor restrictions:
Purpose restrictions Endowments
Total with donor restrictions Total net assets
Total liabilities and net assets
- 10,567,425 1,872,887 3,218
126,702,214
2,585,624 238,799 - 10,750,947 1,872,887
15,448,257
15,565,135 31,861,850
47,426,985
62,219,091 1,607,881
63,826,972 111,253,957 $ 126,702,214
$
$
$
$
$ 123,128,271
$
2,535,117 258,674 79,267 - -
2,873,058
27,569,267 37,201,363
64,770,630
53,684,391 1,800,192
55,484,583 120,255,213 $ 123,128,271
See accompanying notes. 4
THURGOOD MARSHALL COLLEGE FUND 29