Page 18 - Child Care Resource Center

Child Care Resource Center, Inc. Notes to Financial Statements
Note 5 – Investments
The fair value of investments by major class is as follows at June 30, 2021: 2021
2020
1,183,149
4,469,246 399,120
402,810 883,886 336,862
90,864 7,765,937
Cash and cash equivalents Fixed income
Corporate bonds and funds
Medium term notes Equity securities
International common stock Domestic common stock Private equity funds
Real estate funds
$
$
22,027
2,581,536 483,360
856,840 4,065,061 1,749,516
713,254 10,471,594
$
$
Cash and cash equivalents included in investments consist primarily of money market accounts that are temporarily held until reinvested.
Note 6 – Property and Equipment
Property and equipment at June 30, 2021 and 2020, are as follows:
Leasehold improvements
Building improvements
Computer equipment and software Office equipment
Furniture and fixtures Vehicles
Building
Less: accumulated depreciation and amortization
Depreciable property and equipment, net Land
Total property and equipment, net
$
2021
5,607,508 1,521,385 5,326,799 8,466,185 2,345,788 1,530,151 5,350,000
30,147,816 (17,687,498)
12,460,318 600,000
13,060,318
$
2020
5,401,641 675,075 4,994,183 7,830,372 2,345,788 1,386,015 5,350,000
27,983,074 (15,742,501)
12,240,573 600,000
12,840,573
$
$
Depreciation and amortization expense for the years ended June 30, 2021 and 2020, amounted to $1,979,362 and $2,665,228, respectively.
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