| Year Ended September 30, |
2006 |
2005 |
| |
CASH FLOWS FROM OPERATING ACTIVITIES |
|
|
| Cash received from customers |
$21,154,757 |
$20,259,106 |
| Cash paid to suppliers, employees and others |
(23,520,959) |
(22,439,623) |
| Cash received from gifts and bequests |
3,002,551 |
2,015,554 |
| Interest and dividends |
1,565,207 |
1,174,121 |
| Other income and support |
2,427,784 |
476,970 |
| Net Cash Provided by Operating Activities |
4,629,340 |
1,486,128 |
| |
| |
CASH FLOWS FROM INVESTING ACTIVITIES |
|
|
| Proceeds from sale of marketable securities |
8,091,448 |
58,147,480 |
| Purchase of marketable securities |
(11,483,233) |
(61,574,217) |
| Purchase of property and equipment |
(273,539) |
(735,617) |
| Net Cash Used in Investing Activities |
(3,665,324) |
(4,162,354) |
| |
| |
CASH FLOWS FROM FINANCING ACTIVITIES |
|
|
| Proceeds from contributions restricted for investment subject to annuity agreements |
189,401 |
463,764 |
| Payments of annuity obligations |
(177,522) |
(360,149) |
| Net Cash Used In Financing Activities |
11,879 |
103,615 |
| |
| |
| INCREASE (DECREASE) IN CASH AND EQUIVALENTS |
975,895 |
(2,572,611) |
| |
| CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR |
6,112,232 |
8,684,843 |
| |
| CASH AND CASH EQUIVALENTS, END OF YEAR |
$ 7,088,127 |
$ 6,112,232 |
