• There are no news articles available.
  • Events

    Statements of Financial Position

    As of April 13, 2014 and 2015

    ASSETS

    2015

    2014

    Cash

    $79,606

    $147,932

     Cash - Upon This Rock

     666,597

     -

    Accounts Receivable

    39,186

    24,865

    Pledges Receivable - net

    99,794

    202,401

    Upon This Rock Pledges Receivable - Net

    4,063,913 

     -

    Investments - at fair value

    23,701,937

    25,937,134

     Investments - charitable gift annuities

    100,000 

     -

    Other Assets

    247,108

    226,027

    TOTAL ASSETS

    $28,998,141

    $26,538,359

    LIABILITIES & NET ASSETS

     

     

    LIABILITIES

     

     

    Accounts Payable

    $6,177

    $83,749

    Grants Payable

    851,394

    843,880

    Charitable Gift Annuities

    70,864

    -

     Upon This Rock Line of Credit

     1,299,215

     -

     Upon This Rock Payable

     1,902,852

     -

    TOTAL LIABILITIES

    4,130,502

    927,629

    NET ASSETS

     

     

    Unrestricted

    ($476,761)

    $83,749

    Temporarily Restricted

    13,402,076

    13,177,953

    Permanently Restricted

    11,942,324

    11,828,036

    TOTAL NET ASSETS

    24,867,639

    25,610,730

    TOTAL LIABILITIES & NET ASSETS

    $28,998,141

    $26,538,359