In has no assets that are required to be permanently retained or temporarily restricted and, therefore, has no permanently or temporarily restricted net assets, The net assets are all classified as unrestricted net assets. Cash equivalents Cash equivalents consist of short-term highly liquid investments which are readily convertible into cash within ninety days or purchase. Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. Property and equipment Property and equipment are stated at cost.
Depreciation is computed on the straight-line basis over the estimated useful lives of the assets.
There was no unrelated business income for the year ended September 30, 2000. This amount represents the loans outstanding to women made by the Organization at September 30, 2000. This amount represents outstanding liabilities to the Organization's vendors at September 30, 2000. These projects have since been completed and the vendors have been paid.