47
2017
Annual
Report
2017 2016
Assets
Current assets:
Cash $ 1,360,070 $ 716,741
Investments 678,422 674,325
Accounts receivable 428,000 478,131
Prepaid expenses 169,902 123,483
2,636,394 1,992,680
Capital assets 574,711 567,809
$ 3,211,105 $ 2,560,489
Liabilities, Deferred Contributions and Net Assets
Current liabilities:
Accounts payable and accrued liabilities $ 139,497 $ 417,622
Deferred rent 38,452 25,967
Deferred lease inducement 332,305 360,000
Deferred contributions:
Future expenses 498,548 253,758
Net assets:
Invested in capital assets 574,711 567,809
Unrestricted 1,277,592 935,333
Internally restricted:
Appropriated for stabilization fund (note 6) 350,000 -
2,202,303 1,503,142
$ 3,211,105 $ 2,560,489
Condensed Statement of Financial Position
December 31, 2017, with comparative information for 2016
