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Can an organization include off-balance sheet resources to meet the NEXT awards capital requirements?

April 26, 2017awards Capital meet off-balance organization requirements Resources Sheet

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Can an organization include off-balance sheet resources to meet the NEXT awards capital requirements?

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For the capital requirement, we will use consolidated financial statements from the applicant as our guide: all debt and equity available for lending/investing that is included in the consolidated financial statements (including affiliates and subsidiaries that are consolidated on financial statements) can be counted toward the capital requirement. In addition, for the capital requirement, an organization may include drawn (but not undrawn) lines of credit.