24
Condensed statement of financial position
December 31, 2022, with comparative information for 2021
2022 2021
Assets
Current assets:
Cash $ 299,007 $ 505,544
Investments (note 3) 1,922,110 2,588,777
Accounts receivable (note 4) 1,647,822 492,828
Prepaid expenses 288,793 410,740
4,157,732 3,997,889
Capital assets (note 5) 713,615 806,568
$ 4,871,347 $ 4,804,457
Liabilities, deferred contributions and net assets
Current liabilities:
Accounts payable and accrued liabilities $ 365,946 $ 181,901
Deferred rent 50,299 54,957
Deferred lease inducement 177,147 219,663
Deferred contributions:
Future expenses (note 6) 423,800 759,206
Net assets:
Invested in capital assets 713,615 806,568
Unrestricted 2,440,540 2,082,162
Internally restricted:
Appropriated for sustainability reserve (note 7) 700,000 700,000
3,854,155 3,588,730
Commitments (note 8)
$ 4,871,347 $ 4,804,457
