June 30, 2013
| Assets | 2013 | 2012 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 1,966,708 | $ 1,031,386 |
| Total current assets | 1,966,708 | 1,031,386 |
| Investments, at fair value | 7,924,717 | 7,111,449 |
| Property and equipment: | ||
| Equipment | 140,400 | 140,400 |
| Buildings and improvements | 65,526 | 65,526 |
| 205,926 | 205,926 | |
| Accumulated depreciation | (142,279) | (124,561) |
| Property and equipment, net | 63,647 | 81,365 |
| Other assets | 31,203 | 34,606 |
| Total assets | $ 9,986,275 | $ 8,258,806 |
| Liabilities and Net Assets | ||
| Current liabilities: | ||
| Accounts payable | $ 9,489 | $ 8,124 |
| Total liabilities | 9,489 | 8,124 |
| Net assets: | ||
| Unrestricted: | 315,740 | 290,777 |
| Temporarily restricted: | 6,433,260 | 1,264,132 |
| Permanently restricted | 3,227,786 | 6,695,773 |
| Total net assets | 9,976,786 | 8,250,682 |
| Total liabilities and net assets | $ 9,986,275 | $ 8,258,806 |
See accompanying notes.