b'Big Sky Economic Development Corporation Allocation of ResourcesSTATEMENTS OF FINANCIAL POSITIONJUNE 30, 2020 AND 2019 BSED REVENUEFY21 BudgetMemberASSETS20202019 Investment 6.74%SBDC/R31 6.96%CURRENT ASSETS Mill/Health$1,572,336Cash and cash equivalents . $1,702,901$2,285,504VBOC300,000Accounts receivable 61,18434,158PTAC.550,421 Business Business Finance.674,500 Mill/HealthFinance Contributions receivable. -44,500Member Inv.253,000 Levy 41.91% 17.98%Prepaid expenses 8,2764,867SBDC/R31.261,282Current portion notes receivable, net216,780173,101EPA-Brownelds.132,500Other7,362 Total current assets 1,989,1412,542,129 Total$3,751,401NON-CURRENT ASSETS VBOC 8%C M N EE N G D Y E TW U I M U L B P I C S N S V E R U T I V T S C N B M H N T O O E U R S E T S N R W M O E S S I I E E R E S Allowance for Loan Losses .(21,934) -EPA-Brownelds 3.53%Notes receivable, net of current portion .879,929928,770PTAC 14.67% Other .2% Total assets.$2,847,136$3,470,899BSED EXPENSESLIABILITIES AND NET ASSETS FY21 BudgetCURRENT LIABILITIES Community Development$444,707Accounts payable and accrued liabilities .14,20083,112(15%)Due to related party 57,548163,958 Deferred revenue .35,8113,936 Business Total current liabilities 107,559251,006 Recruitment$121,355NET ASSETS (4%)Without Donor Restrictions BusinessDesignated .740,311692,920Growth ServicesUndesignated .1,949,5032,478,710 $2,351,313 Total Without Donor Restrictions 2,689,8143,171,630(81%)With Donor Restrictions 49,76348,263Total net assets .2,739,5773,219,893Big Sky Economic Development successfully leverages tax payer dollars nearly Total liabilities and net assets .$2,847,136$3,470,899 3:1The Notes to Financial Statements are an integral part of these statements.A copy of our audited financial statements is available upon request.13 BIG SKY ECONOMIC DEVELOPMENT BIGSKYECONOMICDEVELOPMENT.ORG'