Statement of Financial Position
Year Ended June 30, 2022
Current Assets
Cash $48,045
Investments 741,948
Accounts Receivable 2,750
Accounts Receivable - Middle College 41,766
Prepaid Expenses 20,843
Total Current Assets 855,352
Fixed Assets, Net 1,091
Total Assets $856,443
Current Liabilities
Accounts Payable & Accured Expenses $1,383
Accrued Payroll and Payroll Liabilities 7,045
Deferred Revenue 4,500
Total Current Liabilities 12,928
Net Assets
Without Donor Restrictions 101,433
With Donor Restrictions 742,082
Total Net Assets 843,515
Total Liabilities and Net Assets $856,443