Financials

REVENUES	2006	2005
PUBLIC SUPPORT
Grants	9,722,304	9,666,487
Unrestricted contributions	6,183,666	6,074,757
	15,905,970	15,741,244
OTHER
Professional services	1,487,930	3,190,354
Patient services, net	535,572	1,302,745
Tuition	2,416,706	1,136,964
Investment income - operating	1,466,545	1,207,347
Publication sales, net	1,525,339	1,235,865
Other	163,156	39,739
Total revenues from other sources	7,595,248	8,113,014
TOTAL REVENUES	23,501,218	23,854,258


EXPENSES
Salaries and benefits	10,880,694	11,908,932
Purchased services	737,119	881,741
Medical services	1,380,868	1,657,344
Facilities and equipment	1,538,273	1,520,503
Supplies and printing	907,101	991,889
Travel, meeting and other	1,092,181	981,717
Allocated services	2,465,642	2,700,782
TOTAL EXPENSES	19,001,878	20,642,908
OPERATIONS SURPLUS	4,499,340	3,211,350
Non-operating investment income realized	173,278	566,783
Temporarily restricted funds	63,761	28,887
NET SURPLUS (DEFICIT)	4,736,379	3,807,020

ASSETS	2006	2005
Cash and investments	26,951,676	23,934,309
Cash collateral: securities lending	2,391,181	1,445,386
Grants and pledges receivable	2,298,853	1,794,117
Accounts receivable	6,029,836	3,182,761
Inventory	223,130	235,792
Property and equipment, net	190,608	274,556
Other	94,454	101,164
TOTAL ASSETS	38,179,738	30,968,085
LIABILITIES
Grants and pledges designated for future periods	3,915,078	3,885,904
Accounts payable and accrued expenses	215,264	132,885
Securities loan agreement	2,414,705	1,484,143
Other	96,916	208,652
TOTAL LIABILITIES	6,641,963	5,711,584
NET ASSETS	31,537,775	25,256,501
TOTAL LIABILITIES AND NET ASSETS	38,179,738	30,968,085