|
|
|
| Liabilities and Net Assets |
May 31, 2008 |
Apr 30, 2008 |
May 31, 2007 |
| Current Liabilities |
|
|
|
| Accrued Payroll and other expenses |
($3,442) |
($2,764) |
$6,113 |
| Total Current Liabilities |
($3,442) |
($2,764) |
$6,113 |
| Long Term Liabilities-Rural Development |
$213,278 |
$213,690 |
$218,234 |
| |
|
|
|
| Total Liabilities |
$209,836 |
$210,926 |
$224,347 |
| |
|
|
|
| Net Assets |
|
|
|
| Board Designated |
$341,767 |
$341,767 |
$200,000 |
| Unrestricted and Temporary Restricted |
$467,090 |
$467,090 |
$393,123 |
| Current year change in net assets |
$212,309 |
$215,188 |
$338,663 |
| Total Net Assets |
$1,021,166 |
$1,024,045 |
$931,786 |
| |
|
|
|
| Total Liabilities and Net Assets |
$1,227,560 |
$1,232,207 |
$1,162,246 |
|
