CGF - Financials

Statement of Financial Condition as of September 30, 2018

Cash and cash equivalents $2,679,376
Investments 16,586,507
Investments in the RCA Endowment Fund 612,269
Interest receivable 136,042
Loans 60,523,803
Allowance for doubtful loans (1,700,000)
Total Assets  $78,837,997
Savings Certificates  $33,329,999
Other 105,527
Total Liabilities 33,435,526
NET ASSETS 45,402,471

Statement of Activities

Loan interest $2,460,951
Investment income 482,753
Interest expense (588,051)
Net interest income $2,355,653
Net investment gains (losses) (104,899)
Other income 37,362
Total revenue $2,288,116
Operating expenses (680,591)
Revenue in excess of expenses 1,607,525
Grants to denomination (786,000)
Change in net assets $821,525

This is not an offer to sell our securities to you and we are not soliciting you to buy our securities. We will offer and sell our securities only in states where authorized. The offering is made solely by our Offering Circular  (for CA use only). The purchase of our securities is subject to risks, which are described in our Offering Circular. We do not currently offer securities in all states. See How to Invest for a list of states in which we are authorized to sell our securities.

Not FDIC or SIPC insured • Not a bank account • No RCA guarantee •