Statement of Financial Position as of June 30, 2021
| 2021 | 2020 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $475,837 | $167,573 |
| Prepaid expenses | $17,000 | $17,000 |
| Prepaid income taxes | $36,133 | |
| Investments | $20,850,216 | $16,709,108 |
| Total Assets | $21,343,053 | $16,929,814 |
| LIABILITIES | ||
| Accounts payable and accrued expenses | $12,265 | $2,480 |
| Federal excise tax payable | $5,476 | |
| Deferred federal excise tax liability | $55,877 | |
| Total Liabilities | $73,618 | $2,480 |
| NET ASSETS | ||
| Without donor restrictions | $21,269,435 | $16,927,334 |
| Total net assets | $21,269,435 | $16,927,334 |
| Total Liabilities & Net Assets | $21,343,053 | $16,929,814 |