Page 17 - 2019 - 2020 Child Care Resource Center Audited Financial Statements

Government contracts receivable, net of allowance for doubtful accounts at June 30, 2020 and 2019, are as follows:
Child Care Resource Center, Inc. Notes to Financial Statements
Note 4 – Government Contracts Receivable
California Department of Education
County of Los Angeles DPSS – CalWORKs Stage I Department of Health and Human Services –
Administration for Children & Families
Los Angeles County Children and Families First
Proposition 10 Commission (First 5 LA)
Los Angeles County – Department of Public Health
San Bernardino County Preschool Service Department –
Early Head Start – Child Care Partnership
Los Angeles County Early Care & Education Workforce Consortium – Gateways for Early Educators Project
Child Care Alliance of Los Angeles Other government funding sources
Government contracts receivable are all due within one year.
Note 5 – Investments
$
2020
14,145,574 699,684
2,779,597
1,342,955 137,501
480,859
-
1,753,604 1,164,280
$
2019
1,566,067 325,830
2,710,667
1,441,773 92,155
418,595
47,136 1,258,525 1,809,382
9,670,130
2019
24,241
1,084,021
229,668 873,568 - 324,252 154,470
$ 22,504,054
$
The fair value of investments by major class is as follows at June 30, 2020: 2020
Cash and cash equivalents Fixed income funds
Corporate bonds Equity securities
International common stock Domestic common stock Medium term note
Private equity funds
Real estate funds
$
1,183,149
4,669,366
402,810 883,886 199,000 336,862
90,864
$
$
Cash and cash equivalents included in investments consist primarily of money market accounts.
7,765,937
$
2,690,220
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