Sigma Canadian Menopause Society
Statement of Financial Position
As of Dec 31, 2016 and Dec 31, 2015
December 31, 2016 December 31, 2015
ASSETS
Current Assets
Cash $ 48,189.61 $ 92,280.57
Accounts Receivable 114,540.20 1,753.68
Prepaid Conference 17,991.19 0
Term Deposite 322,806.38 420,669.38
Allowance for Doubtful Accounts -1,220.00 0.00
Total Current Assets 502,307.38 514,703.63
TOTAL ASSETS $ 502,307.38 $ 514,703.63
LIABILITIES AND EQUITY
Current Liabilities
Credit Cards $ 3,567.50 $ 321.76
Unearned Sponsorship 2017 Conf. 111,000.00 0.00
Vacation Payable 36.00 770.00
Accrued Liabilities 4,000.00 4,000.00
Payroll Liabilities 2,129.12 974.22
GST/HST Payable 0.00 -2.11
Total Current Liabilities 120,732.62 6,063.87
Long Term Liabilities 19,982.50 100,000.00
Total Liabilities 140,715.12 106,063.87
Equity
Unrestricted Net Assets 408,639.76 309,437.29
Net Income -47,047.50 99,202.47
Total Equity 361,592.26 408,639.76
TOTAL LIABILITIES AND EQUITY $ 502,307.38 $ 514,703.63