46
2018
Annual
Report
2018 2017
Assets
Current assets:
Cash $ 234,442 $ 1,360,070
Investments 2,685,886 678,422
Accounts receivable 295,007 428,000
Prepaid expenses 79,989 169,902
3,295,324 2,636,394
Capital assets 491,573 574,711
$ 3,786,897 $ 3,211,105
Liabilities, Deferred Contributions and Net Assets
Current liabilities:
Accounts payable and accrued liabilities $ 107,304 $ 139,497
Deferred rent
49,501
38,452
Deferred lease inducement 291,080 332,305
Deferred contributions:
Future expenses 391,887 498,548
Net assets:
Invested in capital assets 491,573 574,711
Unrestricted 1,755,552 1,277,592
Internally restricted:
Appropriated for sustainability reserve 700,000 350,000
2,947,125 2,202,303
$ 3,786,897 $ 3,211,105
Condensed Statement of Financial Position
December 31, 2018, with comparative information for 2017
