Statement of Financial Position

For The Years Ended December 31st

2019 2018
ASSETS
Current Assets:
Cash $25,521 $58,868
Investments at market value $17,516,839 $15,312,361
Prepaid expenses and deposits $9,747 $8,830
Prepaid excise tax $22,368 $21,774
Total Current Assets $17,574,475 $15,401,833
Fixed Assets:
Computer Equipment 3,719 3,719
Less, accumulated depreciation 2,589 1,750
Net Fixed Assets 1,130 1,969
Total Assets 17,575,605 15,403,802
LIABILITIES AND NET ASSETS
Current Liabilities:
Grants Payable $0 $125,000
Accounts Payable $12,347 $10,863
Accrued Payroll $5,692 $5,105
Total Current Liabilities $18,039 $140,968
Net Assets:
Without Donor Restriction $17,458,919 $15,176,950
With Donor Restriction $98,647 $85,884
Total Net Assets $17,557,566 $15,262,834
Total Liabilities and Net Assets $17,575,605 $15,403,802
Statement of Expenses
Grants Awarded $710,972 $711,200
General and Administrative $182,143 $176,569
Federal excise tax $9,406 $6,226

Complete audited financial statements are available by request at the office of The Fund for Greater Hartford.