2020 2019
Assets
Current assets:
Cash $ 458,042 $ 170,177
Investments 3,698,777 3,295,398
Accounts receivable 447,810 332,465
Prepaid expenses 52,762 144,427
4,657,391 3,942,467
Capital assets 676,842 543,672
$
5,334,233 $ 4,486,139
Liabilities, deferred contributions and net assets
Current liabilities:
Accounts payable and accrued liabilities $ 213,591 $ 274,995
Other long-term liabilities -
146,012
Deferred rent 58,132
53,892
Deferred lease inducement 219,795 255,433
Deferred contributions:
Future expenses 1,533,913 649,694
Net assets:
Invested in capital assets 676,842 543,672
Unrestricted 1,931,960 1,862,441
Internally restricted:
Appropriated for sustainability reserve 700,000 700,000
3,308,802 3,106,113
$ 5,334,233 $ 4,486,139
Condensed statement of financial position
December 31, 2020, with comparative information for 2019
William
Au
36
2020
Annual
Report
