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The following financial information is a condensed version of the audited financial statements as of September 30, 2010. A copy of the audited financial statements for the year ended September 30, 2010 may be obtained upon request.
Statement of Financial Position
| Assets |
Cash and cash equivalents | $749,502 |
| Receivables | $1,289,487 |
| Investments | $6,600,955 |
Beneficial interest
in perpetual trust | $134,034 |
| Inventories | $228,230 |
| Other assets | $636,315 |
| Property and equipment, net | $17,108,795 |
| Total assets | $26,747,318 |
| Liabilities |
Line of credit | $0 |
| Accounts payable | $168,024 |
| Accrued liabilities | $522,459 |
| Unearned revenue | $60,622 |
Deferred revenue,
membership dues | $193,400 |
| Capital leases payable | $55,136 |
| Liability under trust agreement | $80,923 |
| Total liabilities | $1,080,564 |
| Net assets |
| Operating | $550,549 |
| Other unrestricted | $19,886,386 |
| Temporarily restricted | $1,293,294 |
| Permanently restricted | $3,936,525 |
| Total net assets | $25,666,754 |
| Total liabilities and net assets | $26,747,318 |
Operating Activity
Operating Revenue
Operating Expenses
| Total Revenues and Other Support | $7,211,181 |
| Total Expenses | $7,429,593 |
| Change in net operating assets | ($218,412) |
Net operating assets,
beginning of year | $531,961 |
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