Assets & Liabilities

Fiscal Year Ended Sept. 30, 2018
(Updated Feb. 5, 2019)

Assets
Source Amount
CURRENT ASSETS
Cash and cash equivalents  $208,750
Investments  $1,932,065
Total Current Assets  $2,140,815
   
NON-CURRENT ASSETS
Cash surrender value of life insurance  $350,866
Beneficial interest in perpetual trust  $191,837
Investments - permanently restricted endowment  $990,885
Total Non-current Assets  $1,533,588
TOTAL ASSETS$3,674,403
   
Liabilities and Net Assets
Source Amount
CURRENT LIABILITIES
Accounts payable & accrued expenses  $1,105
Total liabilities  $1,105
   
NET ASSETS
Unrestricted  $949,992
Temporarily Restricted  $1,545,451
Permanently Restricted  $1,177,855
Total Net Assets  $3,673,298
TOTAL LIABILITIES AND NET ASSETS $3,674,403