Condensed statement of financial position
December 31, 2021, with comparative information for 2020
Mike Peters
2021 2020
Assets
Current assets:
Cash
$ 505,544 $ 458,042
Investments 2,588,777 3,698,777
Accounts receivable 492,828 447,810
Prepaid expenses 410,740 52,762
3,997,889 4,657,391
Capital assets
806,568 676,842
$ 4,804,457 $ 5,334,233
Liabilities, deferred contributions and net assets
Current liabilities:
Accounts payable and accrued liabilities $ 181,901 $ 213,591
Deferred rent 54,957 58,132
Deferred lease inducement 219,663 219,795
Deferred contributions:
Future expenses 759,206 1,533,913
Net assets:
Invested in capital assets 806,568 676,842
Unrestricted 2,082,162 1,931,960
Internally restricted:
Appropriated for sustainability reserve 700,000 700,000
3,588,730 3,308,802
$ 4,804,457 $ 5,334,233
28
2021
ANNUAL
REPORT
