| ASSETS | |
| Current assets | |
| Cash and cash equivalents | $ 1,705,717 |
|---|---|
| Total current assets | 1,705,717 |
| Investments, at fair value | 9,722,111 |
| Property and equipment | |
| Equipment | 140,400 |
| Buildings and improvements | 65,526 |
| 205,926 | |
| Accumulated depreciation | (186,759) |
| Property and equipment, net | 19,167 |
| Other assets | 37,833 |
| Total assets | $ 11,484,828 |
| LIABILITIES AND NET ASSETS | |
| Current liabilities | |
| Accounts payable | $ 3,463 |
| Accrued liabilities | 3,618 |
| Total liabilities | 7,081 |
| Net assets | |
| Without donor restrictions: | |
| Undesignated | 192,739 |
| Board Designated for endowment | 2,240,078 |
| Total without donor restrictions | 2,432,817 |
| With donor restrictions: | |
| Purpose restriction | 5,052,179 |
| Time-restricted for future periods | 82,000 |
| Perpetual in nature | 3,910,751 |
| Total with donor restrictions | 9,044,930 |
| Total net assets | 11,477,747 |
| Total liabilities and net assets | $ 11,484,828 |
16.