NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2014
2. INVESTMENTS CALEA’s investments consisted of the following as of December 31, 2014: Mutual funds: Equity
Fixed-income
Mutual Funds Subtotal Money market funds Certificates of deposit
Exchange-traded products Total Investments
Net investment income consisted of the following for the year ended December 31, 2014: Interest and dividends Realized gains
Unrealized losses Total Net Investment Income
$1,929,295 188,516
2,117,811 1,238,445 621,174 59,103
$4,036,533
$ 127,579 10,982
(13,803) $ 124,758
Investment expenses totaled $12,189 for the year ended December 31, 2014. Interest earned on cash accounts totaling $399 is included in net investment income in the accompanying statement of activities.
3. PROPERTY AND EQUIPMENT
CALEA held the following property and equipment as of December 31, 2014: Computer database
Furniture and equipment Computers
Leasehold improvements Total Property and Equipment
Less: Accumulated Depreciation and Amortization Property and Equipment, Net
Depreciation and amortization expense totaled $95,852 for the year ended December 31, 2014.
$ 505,767 238,878 46,968 4,805
796,418 (741,651) $ 54,767
Annual Report 2014
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