|
| ASSETS
|
| |
2004 |
2003 |
2002 |
|
Cash
and cash equivalents |
$
1,864,190 |
$
1,329,704 |
$ 718,833 |
|
Accounts
receivable |
5,967 |
9,165 |
- |
|
Deposits & prepaid expenses |
5,106 |
358 |
358 |
|
Office
equipment (net of accumulated
depreciation of $10,096 in 2004) |
11,655 |
1,722 |
808 |
|
Long-term
investments |
452,087 |
386,510 |
372,451 |
|
Total
assets |
$
2,339,005 |
1,727,459 |
$ 1,092,450
|
| |
| LIABILITIES
AND NET ASSETS
|
| Accounts
payable and accrued expenses |
$ 43,633 |
38,023 |
$
15,931 |
|
Grants
payable |
453,488 |
- |
- |
| Amounts
designated by donors for specific organizations |
|
- |
14,,841 |
| Total
liabilities |
$
497,121 |
$
38,023 |
$
30,772 |
| |
| Net
assets: |
|
|
|
| Unrestricted: |
1,217,503 |
|
|
| General |
|
87,892 |
1,117 |
| Discretionary
donor-advised |
|
1,031,234 |
583,344 |
| |
|
1,119,126 |
584,461 |
| Temporarily
restricted |
246,017 |
201,321 |
117,949 |
| Permanently
restricted |
378,364 |
368,989 |
359,268 |
| Total
net assets |
1,841,884 |
1,689,436 |
1,061,678 |
| Total
liabilities and net assets
|
$
2,339,005 |
$
1,727,459 |
$
1,092,450 |
|
|
|
|
