|
|
FINANCIALS
Statement of Financial Position
June 30, 2009
|
Cash and cash equivalents
|
$
|
2,464,781
|
|
Marketable securities
|
|
12,090,560
|
|
Accrued interest & dividend receivable
|
|
-
|
|
Other receivables
|
|
-
|
|
Deferred tax asset
|
|
28,213
|
|
|
Total assets |
$
|
14,583,554
|
|
Liabilities:
|
|
|
|
|
Accrued expenses
|
$
|
35,383
|
|
|
Deferred tax liability
|
|
  -
|
|
|
Total liabilities |
|
35,383
|
|
Net assets: |
|
|
|
|
Unrestricted
|
|
14,548,171
|
|
|
Total net assets
|
|
14,548,171
|
|
|
Total liabilities and net assets
|
$
|
14,583,554
|
|