 |
Statement of Assets, Liabilities, and
Fund Balances
(Cash Basis) |
| ASSETS
CASH |
2006 |
|
| Cash & Cash Equivalents |
$ 7,609,424 |
|
| Investments |
$ 6,706,255 |
|
| Notes Receivable |
$ 4,334,778 |
|
| Total Assets |
$ 18,650,457 |
|
| |
|
|
LIABILITIES
FUND BALANCES |
|
|
| Accrued Taxes |
$
14,444 |
|
| Unrestricted Fund Balances |
$ 18,636,013 |
|
| Total Liabilities & Fund Balances |
$ 18,650,457 |
|
| |
|
|
|
|
| |
Revenue and Expense Statement
|
| |
REVENUES |
|
|
| |
2006 |
|
| Contributions |
$ 1,750,000 |
|
| Dividends |
$ 119,374 |
|
| Interest |
$ 590,931 |
|
| Realized Gain/(Loss) on investments |
$ 119,584 |
|
| Unrealized Gain/(Loss) on investments |
$ 286,348 |
|
| Total |
$ 2,866,237 |
|
| |
|
|
| EXPENDITURES |
|
|
| Program Services |
$ 120,152 |
|
| Federal Excise Taxes |
$ 16,598 |
|
| Cash Grants |
$ 1,920,099 |
|
| Total |
$ 2,056,849 |
|
| |
|
|
Excess (Deficiency) of
Revenues over Expenditures
and Cash Grants |
$ 809,388 |
|
| Beginning Year Fund Balance |
$17,856,625 |
|
| Prior period adjustment |
(30,000) |
|
| End Year Fund Balance |
$18,636,013 |
|
| |
|
|
|
