Financials
Statement of financial position for the year ending December 31, 2023
(with comparative totals for year ending December 2022)
ASSETS
2023
2022
CURRENT ASSETS
Cash and cash equivalents
$444,488
$425,363
Other receivable
–
$913
Pledges and grants receivable
$30,000
$55,000
Prepaid expenses and deposits
$930
$4,430
Total Current Assets
$475,418
$485,706
INVESTMENTS
$1,089,890
–
PROPERTY AND EQUIPMENT
Furniture
$147,462
$147,462
Equipment
$45,403
$44,105
Vehicle
$47,588
$47,588
Less: Accumulated Depreciation
($231,165)
($226,730)
Net Property and Equipment
$9,288
$12,425
OTHER ASSETS
Donated Airline Mileage
$205,541
$260,773
Due from other funds
$442,192
$442,197
Total Other Assets
$647,738
$702,970
TOTAL ASSETS
$2,222,334
$1,201,101
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Accounts payable and accrued liabilities
$124,224
$100,156
Note payable, current
$33,000
$33,000
Total Current Liabilities
$157,224
$133,156
OTHER LIABILITIES
Note payable
$33,000
$101,854
Due to other funds
$442,197
$442,197
Total Other Liabilities
$475,197
$544,051
Total Liabilities
$632,421
$677,207
NET ASSETS
Unrestricted
Operating profit (deficit)
($382,003)
($300,728)
Property and equipment, net
$9,288
$12,425
Total Unrestricted
($372,715)
($288,303)
Restricted
$1,962,628
$812,197