Innovation
LIIF partners to bring groundbreaking capital solutions and multi-use facilities and services to low-income communities.
Learn more ›As of June 30 | 2018 | 2017 | 2016 |
---|---|---|---|
Assets | |||
Cash and investments | 35,468,369 | 34,795,691 | 42,894,761 |
Restricted cash | 26,998,260 | 42,484,893 | 31,769,653 |
Notes receivable | 423,244,628 | 329,259,261 | 284,454,624 |
Allowance for loan losses | (12,652,523) | (9,956,112) | (8,738,553) |
Other assets | 18,308,287 | 17,570,309 | 7,157,950 |
Total Assets | 491,367,021 | 414,154,042 | 357,538,435 |
Liabilities | |||
---|---|---|---|
Notes payable | 360,006,555 | 276,012,426 | 242,029,511 |
Funds held in trust | 10,272,738 | 16,001,705 | 15,076,380 |
Other liabilities | 8,403,687 | 14,517,720 | 8,548,246 |
Total Liabilities | 378,682,980 | 306,531,851 | 265,654,137 |
Unrestricted | 62,113,112 | 57,059,610 | 52,143,029 |
Temporarily restricted | 50,570,929 | 50,562,581 | 39,741,269 |
Total Net Assets | 112,684,041 | 107,622,191 | 91,884,298 |
Total Liabilities and Net Assets | 491,367,021 | 414,154,042 | 357,538,435 |
As of June 30 | 2018 | 2017 | 2016 |
---|---|---|---|
Revenue | |||
Net financing income | 10,904,707 | 10,840,196 | 10,422,026 |
Technical assistance and consulting | 4,632,954 | 3,337,175 | 2,250,678 |
Grants and contributions | 13,993,547 | 20,362,659 | 4,919,153 |
Other | 3,165,436 | 3,420,209 | 4,339,652 |
Total Revenue | 32,696,644 | 37,960,239 | 21,931,509 |
Expenses | |||
---|---|---|---|
Program expenses | 19,788,933 | 15,144,762 | 15,328,304 |
Supporting expenses | 7,845,861 | 7,077,584 | 5,971,957 |
Total Expenses | 27,634,794 | 22,222,346 | 21,300,261 |
Change in unrestricted net assets | 5,053,502 | 4,916,581 | 7,849,757 |
Change in temporarily restricted net assets | 8,348 | 10,821,312 | (7,218,509) |
Change in Total Net Assets | 5,061,850 | 15,737,893 | 631,248 |