| September 30, |
2004 |
2003 |
|
Assets |
| Cash and Cash Equivalents |
$ 8,684,843 |
$ 5,073,740 |
| Investments |
59,658,600 |
55,760,993 |
| Accounts Receivable, Trade |
1,253,723 |
880,251 |
| Government Programs Receivable |
636,783 |
2,119,754 |
| Beneficial Interest Under Split-Interest Agreements |
277,150 |
224,515 |
| Inventories: |
7,505,915 |
6,513,676 |
| Prepaid Expenses |
83,198 |
10,454 |
| Prepaid Pension Expense |
1,382,279 |
946,376 |
| Investments, the use of which is limited |
2,625,788 |
2,446,488 |
| Property & Equipment, Net of Accumulated Depreciation of $10,151,136 and $9,555,135 for 2004 and 2003, respectively |
4,055,872 |
3,957,415 |
| |
|
Total Assets |
86,164,151 |
77,933,662 |
| |
| |
Liabilities and Net Assets |
| Liabilities |
| Accounts Payable and Customer Deposits |
998,549 |
1,034,905 |
| Accrued Payroll |
270,234 |
268,503 |
| Accrued Taxes and Payroll Withholdings |
22,670 |
3,328 |
| Accrued Vacation |
602,614 |
586,368 |
| Annuities Payable |
914,460 |
1,046,602 |
| Accrued Post-Retirement Benefits |
6,050 |
14,630 |
| |
|
| Total Liabilities |
2,814,577 |
2,954,336 |
| |
Net Assets |
| Unrestricted |
80,345,276 |
72,308,323 |
| Temporarily Restricted |
378,510 |
224,515 |
| Permanently Restricted |
2,625,788 |
2,446,488 |
| |
|
Total Net Assets |
83,349,574 |
74,979,326 |
| |
| |
Total Liabilities and Net Assets |
$86,164,151 |
$77,933,662 |
Full audited financial statements are available upon request.
