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Financials
Balance Sheet | | December 31, 2006 | December 31, 2005 | Assets | | | Current Assets | | | Cash and cash equivalents | $91,472 | $44,920 | Investments (Note 2) | 21,474,734 | 20,030,473 | Prepaid expenses and other current assets | 13,949 | 15,528 | Total current assets | 21,580, 155 | 20,090,921 | Property and Equipment - Net (Note 3) | 675,983 | 673,719 | Total assets | $22,256,138 | $20,764,640 | Liabilities and Net Assets | | | Current Liabilities | | | Accounts payable | $1,607 | $24,443 | Accrued liabilities and other: | | | Deferred compensation (Note 4) | 46,732 | 32,898 | Other accrued liabilities | 2,322 | 1,834 | Total current liabilities | 50,661 | 59,175 | Net Assets - Unrestricted | 22,205,477 | 20,705,465 | Total liabilities and net assets | $ 22,256,138 | $ 20,764,640 |
Statement of Activities and Changes in Net Assets | | Year Ended | | | December 31, 2006 | December 31, 2005 | Revenue, Gains, and Other Support | | | Interest and dividend income | $344,974 | $328,780 | Realized gain on sale of investments, including capital gain distributions | 366,509 | 636,489 | Unrealized gains on investments | 1,756,210 | 358,564 | Asset management fees | (74,138) | (115,741) | Settlement income | 177,624 | - | Miscellaneous income | 20,863 | - | Net revenue, gains, and other support | 2,592,042 | 1,208,092 | Expenses | | | Program services - Grants and contributions | 793,911 | 762,510 | Support services - Management and general | 298,119 | 342,142 | Total expenses | 1,092,030 | 1,104,652 | Increase in Net Assets | 1,500,012 | 103,440 | Net Assets - Beginning of year | 20,705,465 | 20,602,025 | Net Assets - End of year | $22,205,477 | $20,705,465 |
This page last updated on 6/8/2007.
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