FINANCIALS

  2016 2015

Assets

Current assets

Cash  $1,383,624 $571,836
Cash and equivalents, capital campaign 791,252 352,380
Pledges and bequests receivable 395,288 2,105,835
Prepaid expenses and other 240,408 242,715
Total current assets 2,810,572 3,272,766
     
Cash and investments, board-designated 7,033,495 9,525,928
Cash and investments, capital campaign  -   2,101,062
Pledges receivable 11,784 104,175
Beneficial interest in perpetual trusts 984,403 986,256
Property and equipment, net 14,621,714 8,208,074
Total assets $25,461,968 $24,198,261

Liablities and Net Assets

Current liabilities

Accounts payable $251,637 $659,113
Accrued expenses 1,302,332 780,565
Deposits 14,950 12,400
Deferred revenue 114,617 53,659
Total current liabilities 1,683,536 1,505,737

Net assets

Unrestricted
Board-designated fund for future use 7,033,495 9,525,928
Equity in property and equipment 14,621,714 8,208,074
Undesignated 175,908 (53,420)
Total unrestricted 21,831,117 17,680,582
     
Temporarily restricted 962,912 4,025,686
Permanently restricted 984,403 986,256
23,778,432 22,692,524

Total net assets

$25,461,968 $24,198,261

 

 

Expenses

 

Revenue