2019 2018
Assets
Current assets:
Cash $ 170,177 $ 234,442
Investments 3,295,398 2,685,886
Accounts receivable 332,465 295,007
Prepaid expenses 144,427 79,989
3,942,467 3,295,324
Capital assets 543,672 491,573
$ 4,486,139 $ 3,786,897
Liabilities, Deferred Contributions and Net Assets
Current liabilities:
Accounts payable and accrued liabilities $ 274,995 $ 107,304
Other long-term liabilities
146,012 -
Deferred rent
53,892 49,501
Deferred lease inducement 255,433 291,080
Deferred contributions:
Future expenses 649,694 391,887
Net assets:
Invested in capital assets 543,672 491,573
Unrestricted 1,862,441 1,755,552
Internally restricted:
Appropriated for sustainability reserve 700,000 700,000
3,106,113 2,947,125
$ 4,486,139 $ 3,786,897
Condensed statement of financial position
December 31, 2019, with comparative information for 2018
38
2019
Annual
Report
