58 The Michael J . Fox Foundation for Parkinson ’ s Research The Michael J . Fox Foundation for Parkinson ’ s Research Consolidated Statements of Financial Position Assets Cash and cash equivalents Cash and cash equivalents — restricted Contributions receivable , net Investments Split-interest agreements — charitable gift annuities Inventory Prepaid expenses and other assets Property and equipment , net Total Assets Liabilities and Net Assets Liabilities Accounts payable and accrued expenses Deferred revenue — special events Grants payable , net ( see Note E ) Loans payable , net Interest payable Paycheck Protection Program loan payable Deferred rent obligation Annuities payable Total Liabilities Commitments , contingency and other uncertainty ( Notes E and K ) Net Assets Without donor restrictions With donor restrictions : Purpose restrictions Time-restricted for future periods Total Net Assets with Donor Restrictions Total Net Assets Total Liabilities and Net Assets $ 66,962,137 1,961,870 26,227,084 81,613,399 2,390,103 62,554 2,588,901 11,341,074 $ 193,147,122 $ 5,204,352 2,000 99,112,997 1,150,196 691,746 – 11,969,464 1,091,767 $ 119,222,522 $ 47,282,619 12,690,442 13,951,539 26,641,981 $ 73,924,600 $ 193,147,122 $ 106,821,911 1,961,870 19,451,387 88,822,242 3,675,379 66,708 2,637,555 10,216,059 $ 233,653,111 $ 4,499,282 – 104,179,370 1,150,196 772,458 3,704,328 11,144,505 1,548,747 $ 126,998,886 $ 86,579,740 10,568,168 9,506,317 20,074,485 $ 106,654,225 $ 233,653,111 2019 2020 As of December 31