You are here

Statement of Net Position

ASSETS

CURRENT ASSETS

  June 30, 2018 June 30, 2017
Cash and cash equivalents $6,899,108 $2,295,369
Short-term investments $17,024,657  $17,990,248
Accounts receivable, net $54,732  $21,225
Pledges receivable, net $2,533,073  $3,231,279
Prepaid expenses and other assets $49,054 $1,742
     Total $26,560,624 $23,539,863

 

NONCURRENT ASSETS

  June 30, 2018 June 30, 2017
Pledges receivable, net $4,192,862 $4,335,269
Long-term investments $21,275 $20,526
Endowment investments $77,174,529 $66,613,450
      Total $81,388,666 $70,969,245

TOTAL ASSETS

  June 30, 2018 June 30, 2017
TOTAL ASSETS $107,949,290 $94,509,108

LIABILITIES

CURRENT LIABILITIES

  June 30, 2018 June 30, 2017
Accounts payable $143,024 $87,057
Other liabilities $284,256 $379,949
     Total  $427,280 $467,006

NET POSITION

NET POSITION

  June 30, 2018 June 30, 2017
Restricted Nonexpendable - endowments $65,826,640 $57,090,813
Restricted Expendable - Scholarships and fellowships $2,879,828 $2,908,097
Restricted Expendable - Other $27,324,777 $24,367,726
Unrestricted $11,445,239 $9,675,466
TOTAL NET POSITION $107,476,484 $94,042,102

The above financial statements were audited by Windes, Inc. The full set of audited financial statements is available upon request. The accompanying notes are an integral part of these financial statements.