The Nikkei Concerns Family is made up of more than 1800tireless ...

financialsCONSOLIDATED STATEMENTS OFFINANCIAL POSITIONYears Ended December 31st 2011 2010Current assetsCash and cash equivalents $ 934,803 $ 715,246Funds held in trust 41,162 42,399Short-term assets whose use is limited 2,575,003 2,780,724Accounts receivable, net 610,165 818,536Deferred rents receivable 65,110 61,644Inventory 56,168 56,166Prepaid expenses 138,558 92,425Other assetsLong-term assets whose use is limited 7,844,462 7,899,913Land, buildings and equipment, net 8,334,495 8,399,979Debt issuance costs, net 145,291 162,130Total assets $ 20,745,217 $ 21,029,162CURRENT LIABILITIESCurrent liabilities $ 1,616,633 $ 1,621,294Long-term debt, net of current portionCapital leases 45,436 96,022Long-term debt 4,260,000 4,725,000Other liabilitiesDeferred federal income tax 81,043 83,033Swap investment 79,711 144,596Total liabilities 6,082,823 6,669,945Net assetsUnrestricted net assets 9,584,699 9,408,907Temporarily restricted net assets 2,048,304 1,935,405Permanently restricted general endowment fund 3,029,391 3,014,905Total net assets 14,662,394 14,359,217Total liabilities and net assets $ 20,745,217 $ 21,029,162CONSOLIDATED STATEMENTS OFactivitiesYears Ended December 31st 2011 2010Net resident service revenue:Seattle Keiro $ 13,348,637 $ 13,653,742Nikkei Manor 2,410,046 2,488,598Other program revenue 352,967 396,067Investment income 166,970 133,026Net realized gains (losses) on investments (62,463) (116,603)Contributions 609,792 883,86816,825,949 17,438,698Net assets released – restricted purposes met 67,209 158,095Total operating revenue and support 16,893,158 17,596,793Operating expensesProgram 14,805,349 15,427,081General and administrative 1,165,051 1,295,425Fundraising 345,160 527,126Total operating expenses 16,315,560 17,249,632Change in net assets from operations 577,598 347,161Net unrealized gain (loss) from investments (442,927) 669,246Unrealized gain (loss) from swap investment 64,885 9,397Change in net assets before for-profit subsidiaries 199,556 1,025,804Change in net assets from for-profit subsidiaries (23,764) (1,844)Change in unrestricted net assets 175,792 1,023,960Change in temporarily restricted net assets 112,899 142,800Change in permanently restricted net assets 14,486 14,905Change in net assets 303,177 1,181,665Net assets, beginning of year 14,359,217 13,177,552Net assets, end of year $ 14,662,394 $ 14,359,217contributions DISTRIBUTION