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FINANCIALS
Audited Financial Statement
Year ended December 31, 2006 and 2005
Statement
of Financial Position
|
2006 Audited
Financial Report
2005 Audited Financial Report
|
| |
2006 |
2005 |
|
ASSETS |
|
|
|
Cash |
$106,132 |
$243,703 |
|
Total assets |
$106,132 |
$243,703 |
| |
|
|
|
LIABILITIES |
|
|
|
Account Payables |
$1,290 |
$1,291 |
| |
|
|
|
NET ASSETS |
|
|
|
Unrestricted |
$26,637 |
$97,026 |
|
Temporarily restricted |
$78,205 |
$145,386 |
| |
|
|
|
Total net assets |
$104,842 |
$242,412 |
|
Total liabilities and net assets
|
$106,132 |
$243,703 |
|
|
Statement of
Activities |
| UNRESTRICTED NET ASSETS |
2006 |
2005 |
| SUPPORT,
REVENUE AND RECLASSIFICATION |
| Contributions |
$49,413 |
$ 133,093 |
| Other Income |
$1,633 |
$ 7,697 |
| Total
unrestricted support and revenue |
$51,046 |
$ 140,790 |
Net assets released
from restrictions
Satisfaction of program restrictions |
$178,429 |
$ 3,297,811 |
| Total unrestricted
support, revenue reclassifications |
$229,475 |
$
3,438,601 |
|
| EXPENSES |
| Program Services |
|
|
| Tsunami Relief |
$139,153 |
$ 3,176,821 |
| Peace Programs |
$49,785 |
- |
| Village to Village
|
$14,875 |
- |
| Housing Projects |
$16,890 |
- |
| Other programs |
$18,493 |
$ 23,062 |
| Total program
expenses |
$239,196 |
$
3,199,883 |
| |
| Supporting activities |
|
|
| Management and
general |
$47,970 |
$ 103,967 |
| Fundraising |
$33,188 |
$ 44,047 |
| Total supporting
activities |
$81,158 |
$ 148,047 |
| Total expenses |
$320,354 |
$3,347,897 |
| Change in unrestricted
net assets |
($90,879) |
$ 90,407 |
| |
| TEMPORARILY RESTRICTED
NET ASSETS |
|
|
| Contributions |
$131,738 |
$ 3,419,243 |
Net assets released
from restrictions
Satisfaction of program restrictions |
($178,429) |
($
3,297,811) |
| Change in temporarily
restricted net assets |
($46,691) |
$ 121,432 |
| Change in net assets |
($137,570) |
$ 212,136 |
| Net assets - beginning of
the year |
$242,412 |
$30,276 |
| Net assets - end of the
year |
$104,842 |
$242,412 |
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You can download complete audited
financial report. |
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