b'FinancialsFiscal Year Ending 12/31/2019Balance Sheet20192018Assets Cash and cash equivalents $6,371,315$6,528,240Unconditional promises to give, net 376,410720,794Accounts receivable 24,83624,829Inventories 528,290522,142Prepaid expenses 195,237203,253Investments 10,980,6409,514,632Historic property and collections 5,781,2965,566,611Depreciable property and equipment, net 5,169,8134,542,469Construction in progress 865,3141,003,188 Total Current /Other Assets$30,293,151$28,626,158Liabilities Accounts payable 182,423228,345Accrued compensation 93,26391,237Deferred revenue 284,765276,737Order deposits 3,8449,269Capital leases payable 3,3015,291 Total Liabilities $567,596$610,879Net AssetsNet assets without donor restrictions: Undesignated 13,917,57113,542,485 Designated 9,139,8998,398,379 Total Assets without Donor Restrictions $23,057,470$21,940,864Net assets with donor restrictions 6,668,0856,074,415 Total Net Assets29,725,55528,015,279 Liabilities and Net Assets $30,293,151$28,626,158 HISTORIC CHARLESTON FOUNDATION 28 2019 ANNUAL REPORT'