Financials

SEDL's Commitment

SEDL's resources for supporting our research, development, and dissemination work include competitive grants and contracts awarded by various public and private sources. We also offer fee-for-service arrangements to deliver professional development, conduct applied and policy research, evaluate programs, and develop customized Web applications and databases to help clients manage data and information. SEDL is a 501(c)(3) corporation committed integrity and rigorous oversight.

	2011	2010
ASSETS
Current assets	$6,262,637	$5,517,325
Land	$1,335,472	$1,335,472
Building, net	$8,579,869	$8,917,797
Equipment, net	$101,422	$100,614
Total assets	$16,279,400	$15,871,208
LIABILITIES
Accounts and other payables	$1,401,374	$924,310
Mortgage payable	$6,611,433	$6,695,250
Total liabilities	$8,012,807	$7,619,560
NET ASSETS
Unrestricted-designated building fund	$1,176,807	$1,180,053
Unrestricted-undesignated	$7,089,786	$7,071,595
Total liabilities and net assets	$8,266,593	$8,251,648
Total liabilities	$16,279,400	$15,871,208
REVENUE AND SUPPORT
Federal contracts and grants	$11,607,587	$11,245,220
Other contracts	$1,516,147	$2,103,606
Publications sales and royalties, net	$23,710	$54,048
Investment income, net	$(1,858)	$24,662
Total revenue and support	$13,145,586	$13,427,536
EXPENSES
Federal contracts and grants	$9,132,624	$8,770,644
Other contracts	$1,144,360	$1,535,039
Publications sales and royalties, net	$53,950	$66,876
Total direct expenses	$10,330,934	$10,372,559
Indirect expenses	$2,799,707	$2,996,113
Total expenses	$13,130,641	$13,368,672
Increase in net assets	$14,945	$58,864