Jeel Al Amal Society Bethany
|
|
- Rudolph Pitts
- 5 years ago
- Views:
Transcription
1 Bethany Financial Statements For the Year Ended December 31, 2010 And Independent Auditors Report
2 Index Page No. Independent Auditors Report 2 Statement of Financial Position 3 Statement of Activities 4 Statement of Changes in Net Assets 5 Statement of Cash Flows 6 Notes to the Financial Statements 7 Appendix I- Donors list 13 1
3
4
5 Statement of Activities Notes Donations, revenues and other income Donations 295, ,787 In-kind donations 70,223 64,038 Activities income 7 30,442 41,264 Schools tuition and registration, net 8 17,952 14,119 Other income Total donations, revenues and other income 415, ,208 Net assets releases from restriction 5,972 56,800 Total donations, revenues, other income and releases 421, ,008 Expenditures Salaries and related benefits 178, ,113 Direct expenses 9 103,332 97,948 Activity expenses 10 7,536 9,094 General and administrative expenses 11 60,626 54,359 Financial expenses 153 1,235 Total expenditures 349, ,749 Net assets released from restriction Releases to expenses 5,972 50,399 Releases to fixed assets - 6,401 5,972 56,800 Total expenses and releases from restriction 355, ,549 Net changes in net assets (deficit) for the year 65,095 (17,541) The accompanying notes constitute an integral part of the financial statements. 4
6 Statement of Changes in Net Assets Unrestricted net assets Used for projects Restricted net assets Used for fixed assets Total Net assets as of January 1, 2009 (129,156) - 520, ,808 Changes for the year (596) 29,313 (6,976) 21,741 Net assets as of December 31, 2009 (129,752) 29, , ,549 Additions Revenues 49, ,050 Donations 366,000 12, , ,050 12, ,136 Decreases Expenditure (349,955) - - (349,955) Releases from restriction - (5,972) - (5,972) Reclassification to fixed assets (698) - Foreign currency translation (6,553) - - (6,553) (355,810) (5,972) (698) (362,480) Changes for the year 59,240 6,114 (698) 64,656 Net assets as of December 31, 2010 (70,512) 35, , ,205 The accompanying notes constitute an integral part of the financial statements 5
7 Statement of Cash Flows Cash flows from operating activities Changes in net assets for the year 64,656 21,741 Adjustments to reconcile changes in net assets to net cash (used in) operating activities Depreciation 14,787 13,123 (Increase) in accounts receivable (1,850) (2,703) (Increase) in ending inventories (4,549) (1,658) (Decrease) increase in accounts payable (41,265) (57,807) Reserve for severance pay, net 14,386 6,984 Net cash (used in) operating activities (18,491) (42,061) Cash flows from investing activities Capital expenditures (14,088) (6,148) Net Cash (used in) investing activities (14,088) (6,148) Net increase (decrease) in cash and banks 32,077 (26,468) Cash and banks at the beginning of year 36,063 62,531 Cash and banks at the end of year 68,140 36,063. The accompanying notes constitute an integral part of the financial statements. 6
8 Notes to the Financial Statements 1- General Jeel Al Amal Society was established in 1972 as a non profit institution located in Bethany, Palestine. The Society is registered with the Palestinian Ministry of Interior as a non-for-profit entity. Currently the Society operates a school and adopts Orphans. The School has 350 students and house 90 orphans, education, housing, clothing and other related needs are provided to the orphans. 2- Summary of Significant Accounting Policies The financial statements are prepared in accordance to non profit organizations accounting standards number FASB 116 and FASB 117 as published by the American Financial Accounting Standards Board, which require the classification of funds into: Unrestricted assets: net assets whose use by the Society is not subject to restrictions by the donor/funder; Restricted assets: net assets whose use by the Society is restricted by the donor as stipulated in the donors agreement. The significant accounting policies adopted by the Society are as follows: a. Cash and banks For the purposes of the cash flow statements, cash and banks include cash on hand, restricted cash, and bank balances in Arab Bank and Mercantile Bank. b. Accounts receivable Accounts receivable relates mainly to school tuitions and fees. An estimate for allowance for doubtful accounts is made when collection of the full amount is no longer probable. Bad debts, if any, are written off as incurred. c. Inventories Inventories are stated at the lower of cost and market value. Cost is determined as purchase cost on first in first out basis (FIFO). Inventories comprise of food and goods for consumption and handmade crafts for resale. d. Fixed assets Fixed assets are stated at cost less accumulated depreciation and any impairment in value. The cost less estimated residual value of the fixed assets is depreciated on a straight line basis over the estimated useful lives of the assets. Depreciation rates used are: Equipment and furniture 6% Building 2% Fixed assets that are related to restricted projects and programs are expensed when purchased and reclassified to fixed assets in the statement of changes in net assets. e. Provisions Provisions are recognized when the Society has an obligation (legal or constructive) arising from a past event, and the costs to settle the obligation are both probable and may be measured reliably. 7
9 Notes to the Financial Statements (Continued) f. Allowance for severance pay The allowance for severance consists of one month's salary for every year of services for employees to cover for future obligations. The future obligation is not covered for. g. Donations and revenues Donations are recorded when received; In-kind donations are recorded when received based on estimated market value; School tuition and fees are recorded when earned; Other revenues are recorded when also earned; Restricted donation are recognizes upon satisfaction of donor restriction. h. Income tax The Society is exempted from income tax since it is registered as non-for-profit organization. i. Currency differential The books of accounts are maintained in U.S. Dollar. Transactions which are denominated in other currencies are converted into USD as follows: Transactions which are expressed or denominated in other currencies are converted into USD at the exchange rate prevailing on transaction date; Monetary assets and liabilities which are denominated or expressed in other currencies are presented in USD equivalent using the exchange rate prevailing on December 31, 2010; Exchange differences arising from the conversion of foreign currency transactions and translation of year end balances are charged to the statement of activities. The exchange rates at the date of the statement of financial position were: New Israeli Shekel Sterling Pound Euro
10 Notes to the Financial Statements (Continued) 3- Cash and banks Cash in banks USD 47,786 35,455 Cash in banks NIS 20, Cash in banks EURO Checks box NIS Cash in hand NIS ,140 36, Fixed Assets Equipment and furniture Building Land Total 2010 Total 2009 Cost: At the beginning of the year 161, ,136 63, , ,560 Additions - 14,088-14,088 5, , ,224 63, , ,287 Depreciation: At the beginning of the year 141,505 8, , ,175 Charge for the year 4,394 10,393-14,787 13, ,899 19, , ,298 At December 31, , ,038 63, ,290 - At December 31, , ,343 63, , Accounts payable and accruals Accounts payable and accruals consist of: Accounts payable 6,055 9,648 Accrued expenses 12,047 49,543 Bank overdraft ,109 59, Allowance for severance pay Allowance for severance pay consists of: Beginning balance 81,490 74,506 Provided during the year 15,899 2,965 Payment during the year (6,836) (1,844) Currency differential 5,323 5,863 95,876 81,490 9
11 Notes to the Financial Statements (Continued) 7- Activities income Activity income consists of: Sponsorship income 21,301 25,645 Income from souvenir sales 5,684 2,796 Open day 1,989 - Summer camp 1,468 - Ramadan party fund raising - 7,556 Christmas party fund raising - 5,267 30,442 41, Schools tuition and registration, net Tuition fees 28,955 22,622 Deductions and reductions (11,003) (8,503) 17,952 14, Direct expenses Direct expenses consist of: Food and beverage 82,253 77,896 Medical aid 6,792 2,201 Books, stationary and school needs 6,034 6,250 Clothing 2,850 1,287 Utensils and kitchen expense 2,663 6,132 Laundry 1,640 2,059 Student pocket money 450 1,874 Other ,332 97, Activity expenses Activity expenses consist of: Fund raising souvenir expense 1,579 2,090 Summer camp 1,468 - Trip expense 3,955 - Open day Christmas fund raisin party expense - 3,627 Ramadan fund raising party expense - 3,377 7,536 9,094 Notes to the Financial Statements (Continued) 10
12 11- General and administrative expenses General and administrative expenses consist of: Electricity and water 20,157 17,400 Professional services 5,725 5,725 Repair and maintenance 4,912 6,515 Depreciation expense 14,787 13,123 Post and telephone 4,279 3,718 Scholarships 3,312 3,664 Computer and equipment supply 2,856 - Fuel for kitchen 2,026 1,990 Transportation 1,297 1,584 Other Bad debt expense ,626 54, Risk Management Interest rate risk Interest rate risk is the risk that the value of financial instruments will fluctuate due to changes in the market interest rates. The Society is subject to fluctuations in interest rates on its interest bearing liabilities, if any. Credit risk Credit risk is the risk that one party will fail to discharge an obligation and will cause the other party to incur a financial loss. At the balance sheet date, no significant concentrations of credit risk were identified by the Society's management. Currency risk The Society is subject to fluctuations in foreign exchange rates in the normal course of its operation. The Society did not undertake significant transactions in currencies other than New Israel Shekel during the year. Further, the Society does not hedge its currency exposure by means of hedging financial instruments. Other risk factors The Society is located in Bethany, Palestine and operates in a high risk political and economic area, which may increases the operational risk of the Society and consequently impact the Society's operation in a negative manner. Further, the Society's accumulated general deficit as of December 31, 2010 amounted to 70,512 US Dollar (2009: US Dollar 129,752). Notes to the Financial Statements (Continued) 11
13 13- Fair Value of Financial Instruments Fair value is the amount for which an asset could be exchanged, or a liability settled between knowledgeable willing parties in an arm s length transaction. Financial instruments comprise financial assets and financial liabilities. The Society s financial assets consist of cash and bank balances and receivables. Its financial liabilities consist of payables, accruals and bank overdrafts. The fair values of financial instruments are not materially different from their carrying values at the statement of financial position date. Appendix I- Donor's list 12
14 Individual donations 44,836 50,825 Main Dans La Main Foundation 18,450 26,979 McCabe Educational Trust 58,794 22,463 Un Enfant Une Promise 3,982 20,941 Saint Joseph Stichting 9,654 11,014 President Office- Jerusalem Unit - 10,500 The Association of Volunteers in International Services - 9,015 Arab Women's Society - London 7,884 7,539 John Richard Allan - 5,059 The Palestinian Group for Societies Development - 5,000 Ministry of Finance Palestine - 5,000 Lillemor Eriksson 2,400 3,800 Methodist Church - 2,384 Bible Land Society Stichting Jeel Alamal 1,485 - The Englefield Charitable Trust 1,590 - Ordering Church Council 1,790 - Victoria Gomez Trenor 144,912 - Donation In Kind 70,223 64,038 Total unrestricted 366, ,825 Victoria Gomez Trenor - 50,185 Un Enfant Une Promise 12,086 - World Vision - 23,854 Italy trip - 12,074 Total restricted 12,086 86, , ,938 13
Financial Statements and Independent Auditor's Report for the Year Ended December 31, 2013
Association for Women and Child Protection (AISHA) Gaza Palestine Financial Statements and Independent Auditor's Report for the Year Ended December 31, 2013 Talal Abu Ghazaleh & Co. International Certified
More informationCHO-YEH CAMP AND CONFERENCE CENTER, INC. Livingston, Texas FINANCIAL STATEMENTS WITH INDEPENDENT AUDITORS' REPORT. December 31, 2016 and 2015
CHO-YEH CAMP AND CONFERENCE CENTER, INC. Livingston, Texas FINANCIAL STATEMENTS WITH INDEPENDENT AUDITORS' REPORT December 31, 2016 and 2015 T A B L E O F C O N T E N T S Independent Auditors' Report...
More informationKeren Or Inc. (Public Benefit Corporation) - Jerusalem Branch
Keren Or Inc. (Public Benefit Corporation) - Jerusalem Branch Financial Statements as of December 31, 2017 Financial Statements as of December 31, 2017 Index Page Auditor's Report 2 Statement of Financial
More informationFINANCIAL STATEMENTS APRIL 30, 2018
FINANCIAL STATEMENTS APRIL 30, 2018 UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS APRIL 30, 2018 I N D E X Statement of Management Responsibility 1 Independent Auditors' Report 2 Financial Statements Balance
More informationUNIVERSITY OF WATERLOO FINANCIAL STATEMENTS
UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS APRIL 30, 2017 I N D E X Statement of Management Responsibility 1 Independent Auditors' Report 2 Financial Statements Balance Sheet 3 Statement of Operations
More informationE3 PARTNERS MINISTRY. Financial Statements With Independent Auditors Report. March 31, 2017 and 2016
E3 PARTNERS MINISTRY Financial Statements With Independent Auditors Report Table of Contents Independent Auditors Report 1 Financial Statements Statements of Financial Position 3 Statements of Activities
More informationFINANCIAL STATEMENTS JUNE 30, 2012 AND 2011
FINANCIAL STATEMENTS TABLE OF CONTENTS Page Independent Auditors Report 1 Financial Statements: Statements of Financial Position 2 Statements of Activities and Changes in Net Assets 3 Statements of Functional
More informationFINANCIAL STATEMENTS JUNE 30, 2011 AND 2010
FINANCIAL STATEMENTS TABLE OF CONTENTS Page Independent Auditors Report 1 Financial Statements: Statements of Financial Position 2 Statements of Activities and Changes in Net Assets 3 Statements of Functional
More informationFINANCIAL REPORT (Audited)
FINANCIAL REPORT (Audited) Year Ended December 31, 2014 FINANCIAL REPORT INDEPENDENT AUDITOR S REPORT 1 Page FINANCIAL STATEMENTS Statements of Financial Position 3 Statements of Activities 4 Statements
More informationCHICAGO CHURCH OF CHRIST
Financial Statements With Independent Auditors Report December 31, 2014 and 2013 Table of Contents Page Independent Auditors' Report 1 Financial Statements Statements of Financial Position 2 Statements
More informationAMERICAN FRIENDS OF SHALVA ISRAEL, INC.
AMERICAN FRIENDS OF SHALVA ISRAEL, INC. FINANCIAL STATEMENTS DECEMBER 31, 2017 and 2016 INDEPENDENT AUDITORS' REPORT The Board of Directors American Friends of Shalva Israel, Inc. New York, New York Report
More informationHoly Land Christian Ecumenical Foundation, Inc. Consolidated Financial Statements December 31, With Independent Auditors' Report Thereon
Consolidated Financial Statements December 31, 2013 With Independent Auditors' Report Thereon Table of Contents Title Page Independent Auditors' Report 1 Consolidated Financial Statements: Consolidated
More informationCENTRAL MINNESOTA HABITAT FOR HUMANITY CONTENTS
CONTENTS INDEPENDENT AUDITOR S REPORT 1-2 Page FINANCIAL STATEMENTS Statement of Financial Position 3-4 Statement of Activities 5-6 Statement of Functional Expenses 7-8 Statement of Cash Flows 9-10 Notes
More informationUNIVERSITY OF WATERLOO FINANCIAL STATEMENTS
UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS APRIL 30, 2015 I N D E X Statement of Management Responsibility 1 Independent Auditors' Report 2 Financial Statements Balance Sheet 3 Statement of Operations
More informationCHICAGO CHURCH OF CHRIST
CHICAGO CHURCH OF CHRIST Financial Statements With Independent Auditors Report December 31, 2015 and 2014 Table of Contents Page Independent Auditors' Report 1 Financial Statements Statements of Financial
More informationMISSION OF HOPE HAITI, INC. AUDITED FINANCIAL STATEMENTS FISCAL YEAR ENDED JUNE 30, 2016
AUDITED FINANCIAL STATEMENTS FISCAL YEAR ENDED JUNE 30, 2016 CONTENTS PAGE NUMBER INDEPENDENT AUDITORS' REPORT 1 STATEMENT OF FINANCIAL POSITION 2 STATEMENT OF ACTIVITIES 3 STATEMENT OF FUNCTIONAL EXPENSES
More informationALL HANDS VOLUNTEERS, INC. AND AFFILIATES
ALL HANDS VOLUNTEERS, INC. AND AFFILIATES Consolidated Financial Statements and Consolidating Information For the Years Ended August 31, 2017 and 2016 with Independent Auditors Report ALL HANDS VOLUNTEERS,
More informationLIVINf UNIVERSITY. ial Statements. Finan. For t e Year Ended Ju e 30,2008
I I LIVINf UNIVERSITY Finan i ial Statements For t e Year Ended Ju e 30,2008 Contents Page Report of Independent Auditors... Statement of Financial Position... Statement of Activities... Statement of Cash
More informationMusic for Life Institute (USA) Financial Statements For the Year Ended March 31, 2017 (Expressed in U.S. Dollars)
The report accompanying these financial statements was issued by BDO USA, LLP, a Delaware limited liability partnership and the U.S. member of BDO International Limited, a UK company limited by guarantee.
More informationST. JOHN LUTHERAN CHURCH FINANCIAL STATEMENTS JUNE 30, 2013
ST. JOHN LUTHERAN CHURCH FINANCIAL STATEMENTS JUNE 30, 2013 Contents Independent Auditors Report... 1 Page Financial Statements Statement of Financial Position... 2 Statement of Activities... 3 Statement
More informationInterfaith Food Pantry, Inc. (a New Jersey Non-Profit Corporation) Financial Statements. December 31, 2013
(a New Jersey Non-Profit Corporation) Financial Statements December 31, 2013 (With Summarized Financial Information for the Year Ended December 31, 2012) (With Independent Auditors Report Thereon) Table
More informationFAITH PROMISE CHURCH. Financial Statements With Independent Auditors Report. June 30, 2017 and 2016
Financial Statements With Independent Auditors Report Table of Contents Independent Auditors Report 1 Financial Statements Statements of Financial Position 3 Statements of Activities 4 Statements of Cash
More informationNARROW GATE FOUNDATION AND SUBSIDIARY WILLIAMSPORT, TENNESSEE CONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORT
WILLIAMSPORT, TENNESSEE CONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORT WILLIAMSPORT, TENNESSEE CONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORT CONTENTS PAGE INDEPENDENT
More informationCONTENTS. Independent Auditors Report...1. Consolidated Statement of Financial Position...2. Consolidated Statement of Activities...
CONTENTS Independent Auditors Report...1 Consolidated Statement of Financial Position...2 Consolidated Statement of Activities...3 Consolidated Statement of Cash Flows...4 Notes to the Consolidated Financial
More informationFINANCIAL STATEMENTS SAMPLE UNIVERSITY JUNE 30, 2010 AND 2009
FINANCIAL STATEMENTS SAMPLE UNIVERSITY JUNE 30, 2010 AND 2009 STATEMENTS OF FINANCIAL POSITION June 30, 2010 2009 Temporarily Permanently Temporarily Permanently ASSETS Unrestricted restricted restricted
More informationWord of Life Fellowship, Inc. (Parent Organization Only)
Financial Statements and Auditor s Report Year Ended Table of Contents Auditor's Report 3 Financial Statements: Statement of Financial Position 5 Statement of Activities 6 Statement of Cash Flows 8 9 Independent
More informationTHE SRI LANKAN SCHOOL, MUSCAT
Financial statements 31 August 2015 Registered office and principal place of business: P.O. Box 2433, PC 112, Wadi Kabir, Sultanate of Oman Financial statements 31 August 2015 Contents Page Report of the
More informationAMERICAN FRIENDS OF SHALVA ISRAEL, INC.
AMERICANFRIENDSOF SHALVAISRAEL,INC. FINANCIALSTATEMENTS DECEMBER31,2016and2015 INDEPENDENT AUDITORS' REPORT The Board of Directors American Friends of Shalva Israel, Inc. New York, New York Report on the
More informationRobert G. Gillette, CPA
Robert G. Gillette, CPA Nonprofit Clients Only INDEPENDENT AUDITOR'S REPORT To the Board of Directors of Central Ohio Youth for Christ, Inc. and Affiliates: I have audited the accompanying financial statements
More informationSTONEBRIAR COMMUNITY CHURCH
Frisco, Texas Financial Statements Year Ended June 30, 2017 Financial Statements Year Ended June 30, 2017 TABLE OF CONTENTS Page Independent Auditors' Report 1 Financial Statements Statement of Financial
More informationUNIVERSITY OF WATERLOO FINANCIAL STATEMENTS
UNIVERSITY OF WATERLOO FINANCIAL STATEMENTS APRIL 30, 2016 I N D E X Statement of Management Responsibility 1 Independent Auditors' Report 2 Financial Statements Balance Sheet 3 Statement of Operations
More informationFinancial Statements February 28, 2015 and 2014
Financial Statements February 28, 2015 and 2014 Table of Contents February 28, 2015 and 2014 Page Independent Auditor s Report... 1 Financial Statements Statements of Financial Position... 2 Statements
More informationMesquite Social Services, Inc.
Audited Financial Statements Audited Financial Statements Table of Contents Independent Auditors Report 1 Page Statement of Financial Position, 3 Statement of Activities, For the year ended 4 Statement
More informationENGINEERS WITHOUT BORDERS - USA, INC. (A COLORADO NOT-FOR-PROFIT CORPORATION)
ENGINEERS WITHOUT BORDERS - USA, INC. (A COLORADO NOT-FOR-PROFIT CORPORATION) Financial Statements For the year ended December 31, 2012 With summarized financial information for the year ended December
More informatione3 PARTNERS MINISTRY FINANCIAL STATEMENTS With Independent Auditors Report March 31, 2013
FINANCIAL STATEMENTS With Independent Auditors Report Table of Contents Independent Auditors Report 1 Financial Statements Statement of Financial Position 3 Statement of Activities 4 Statement of Cash
More informationBLUE OAKS CHURCH. Financial Statements With Independent Accountants Compilation Report. August 31, 2016 and 2015
Financial Statements With Independent Accountants Compilation Report August 31, 2016 and 2015 Table of Contents Independent Accountants' Compilation Report 1 Financial Statements Statements of Financial
More informationFinancial Statements Year Ended June 30, (With Comparative Totals for 2012)
Financial Statements Year Ended June 30, 2013 (With Comparative Totals for 2012) Financial Statements Year Ended June 30, 2013 (With Comparative Totals for 2012) Contents Independent Auditor s Report 1
More informationVANCOUVER ISLAND UNIVERSITY
CONSOLIDATED FINANCIAL STATEMENTS MARCH 31, 2014 Consolidated Financial Statements Table of Contents Statement of Administrative Responsibility for Financial Statements Independent Auditors' Report Consolidated
More informationRoad Runners Club of America, Inc.
Financial Statements and Independent Auditors' Report Table of Contents Independent Auditors' Report...1-2 Audited Financial Statements Statements of Financial Position...3 Statements of Activities...4-5
More informationMUST MINISTRIES, INC.
MUST MINISTRIES, INC. FINANCIAL REPORT JUNE 30, 2014 MUST MINISTRIES, INC. FINANCIAL REPORT JUNE 30, 2014 TABLE OF CONTENTS Page INDEPENDENT AUDITOR'S REPORT... 1 and 2 FINANCIAL STATEMENTS Statements
More informationMUST MINISTRIES, INC.
MUST MINISTRIES, INC. FINANCIAL REPORT JUNE 30, 2016 MUST MINISTRIES, INC. FINANCIAL REPORT JUNE 30, 2016 TABLE OF CONTENTS Page INDEPENDENT AUDITOR'S REPORT... 1 and 2 FINANCIAL STATEMENTS Statements
More informationEastern Christian School Association and Affiliates [a Non-Profit Organization]
Eastern Christian School Association and Affiliates Combined Financial Statements Years Ended Combined Financial Statements Years Ended C O N T E N T S Independent Auditor s Report 1-2 Financial Statements
More informationRESCUE MISSIONS MINISTRIES, INC. D/B/A DURHAM RESCUE MISSION FINANCIAL STATEMENTS. Year Ended December 31, 2017
FINANCIAL STATEMENTS Year Ended December 31, 2017 CONTENTS PAGE INDEPENDENT AUDITOR'S REPORT 2 3 FINANCIAL STATEMENTS Statement of financial position 4 Statement of activities 5 6 Statement of cash flows
More informationTHE PALESTINIAN INITIATIVE FOR THE PROMOTION OF GLOBAL DIALOGUE AND DEMOCRACY (MIFTAH) FINANCIAL STATEMENTS
THE PALESTINIAN INITIATIVE FOR THE PROMOTION OF GLOBAL DIALOGUE AND DEMOCRACY (MIFTAH) FINANCIAL STATEMENTS DECEMBER 31, 2017 Ernst & Young P.O. Box 1373 7 th Floor, PADICO House Bldg. Al-Masyoun Ramallah-Palestine
More informationCALVIN THEOLOGIAL SEMINARY. Financial Statements With Independent Auditors Report. June 30, 2016 and 2015
CALVIN THEOLOGIAL SEMINARY Financial Statements With Independent Auditors Report Table of Contents Independent Auditors Report 1 Financial Statements Statements of Financial Position 3 Statements of Activities
More informationBANK OF PALESTINE LTD. PUBLIC SHAREHOLDING COMPANY GAZA PALESTINE
BANK OF PALESTINE LTD. PUBLIC SHAREHOLDING COMPANY GAZA PALESTINE CONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORT FOR THE YEAR ENDED DECEMBER 31, 2003 Consolidated Financial Statements
More informationNAZARENE COMPASSIONATE MINISTRIES, INC. FINANCIAL STATEMENTS. Year Ended December 31, 2013 with Independent Auditors Report
FINANCIAL STATEMENTS Year Ended with Independent Auditors Report FINANCIAL STATEMENTS CONTENTS Page Independent Auditors Report... 1-2 Financial Statements: Statement of Financial Position...3 Statement
More informationURBAN LEAGUE OF MIDDLE TENNESSEE INDEPENDENT AUDITORS REPORT AND FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2017 AND JUNE 30, 2016
INDEPENDENT AUDITORS REPORT AND FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2017 AND JUNE 30, 2016 Table of Contents Page INDEPENDENT AUDITORS REPORT-------------------------------------------------------------1-2
More informationCaring for Cambodia. Financial Report December 31, 2017
Financial Report December 31, 2017 Contents Independent Auditor's Report 1 Financial Statements Statement of Financial Position 2 Statement of Activities and Changes in Net Assets 3 Statement of Functional
More informationHEARTLINE MINISTRIES. FINANCIAL STATEMENTS December 31, 2017
FINANCIAL STATEMENTS TABLE OF CONTENTS FINANCIAL STATEMENTS PAGE Statement of Financial Position... 1 Statement of Activities and Change in Net Assets... 2 Statement of Functional Expenses... 3 Statement
More informationHOPE FOR HAITI S CHILDREN MINISTRIES, INC. AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2015
HOPE FOR HAITI S CHILDREN MINISTRIES, INC. AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2015 INDEX INDEPENDENT AUDITOR'S REPORT 1 STATEMENT OF FINANCIAL POSITION 3 STATEMENT OF ACTIVITIES
More informationFinancial Statements With Independent Auditors Report. December 31, 2017
Financial Statements With Independent Auditors Report December 31, 2017 Table of Contents Page Independent Auditors' Report 1 Financial Statements Statement of Financial Position 3 Statement of Activities
More informationHOPE FOR HAITI S CHILDREN MINISTRIES, INC. AUDITED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2016 AND 2015
HOPE FOR HAITI S CHILDREN MINISTRIES, INC. AUDITED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2016 AND 2015 INDEX INDEPENDENT AUDITOR'S REPORT 1 STATEMENTS OF FINANCIAL POSITION 3 STATEMENTS
More informationLIVING CHURCH OF GOD (INTERNATIONAL), INC. AND AFFILIATES
LIVING CHURCH OF GOD (INTERNATIONAL), INC. AND AFFILIATES CONSOLIDATED FINANCIAL STATEMENTS AND ACCOMPANYING INFORMATION Years Ended December 31, 2017 and 2016 And Report of Independent Auditor TABLE OF
More informationForgotten Harvest, Inc. (A Non-Profit Organization)
Consolidated Financial Statements (and supplementary information) Years Ended June 30, 2015 and 2014 The report accompanying these financial statements was issued by BDO USA, LLP, a Delaware limited liability
More informationAudited Consolidated Financial Statements and Consolidating Information THE ESOP ASSOCIATION & AFFILIATE. December 31, 2014
Audited Consolidated Financial Statements and Consolidating Information THE ESOP ASSOCIATION & AFFILIATE December 31, 2014 Contents Independent Auditor s Report on the Consolidated Financial Statements
More informationCITY MISSION SOCIETY, INC. AND SUBSIDIARIES
AUDITED CONSOLIDATED FINANCIAL STATEMENTS CITY MISSION SOCIETY, INC. AND SUBSIDIARIES SEPTEMBER 30, 2016 CONTENTS Independent Auditor's Report... 1 Page Consolidated Financial Statements: Consolidated
More informationCHRISTIANS REACHING OUT TO SOCIETY, INC. REPORT ON AUDIT OF FINANCIAL STATEMENTS
CHRISTIANS REACHING OUT TO SOCIETY, INC. REPORT ON AUDIT OF FINANCIAL STATEMENTS (with comparable totals for 2015) TABLE OF CONTENTS PAGE INDEPENDENT AUDITOR S REPORT 1-2 FINANCIAL STATEMENTS Statement
More informationTHE ALASKA CENTER FOR THE BLIND AND VISUALLY IMPAIRED. Financial Statements and Additional Information. (With Independent Auditor s Report Thereon)
THE ALASKA CENTER FOR THE BLIND AND VISUALLY IMPAIRED Financial Statements and Additional Information (With Independent Auditor s Report Thereon) Years Ended June 30, 2014 and 2013 THE ALASKA CENTER FOR
More informationCHARLOTTE RESCUE MISSION. Financial Statements for the Years Ended June 30, 2014 and 2013 and Independent Auditors' Report
CHARLOTTE RESCUE MISSION Financial Statements for the Years Ended June 30, 2014 and 2013 and Independent Auditors' Report INDEPENDENT AUDITORS' REPORT Board of Directors of the Charlotte Rescue Mission:
More informationWHARTON BUSINESS SCHOOL CLUB OF NEW YORK, INC. Financial Statements. June 30, 2015
Financial Statements TABLE OF CONTENTS Page No. INDEPENDENT AUDITORS REPORT 1-2 FINANCIAL STATEMENTS Statement of Financial Position 3 Statement of Activities 4 Statement of Cash Flows 5 NOTES TO FINANCIAL
More informationNATIONAL WATER RESEARCH INSTITUTE Financial Statements June 30, 2016 (With Independent Auditors Report Thereon)
Financial Statements June 30, 2016 (With Independent Auditors Report Thereon) Financial Statements June 30, 2016 TABLE OF CONTENTS Page Independent Auditors Report 1 Financial Statements: Statements of
More informationHope for the Children of Haiti, Inc. Woburn, Massachusetts
Hope for the Children of Haiti, Inc. Woburn, Massachusetts CONTENTS INDEPENDENT AUDITOR'S REPORT 1 PAGE FINANCIAL STATEMENTS Statement of Financial Position 2 Statement of Activities 3 Statement of Functional
More informationTUPELO CHRISTIAN PREPARATORY SCHOOL, INC FINANCIAL STATEMENTS. Year Ended June 30, 2014
TUPELO CHRISTIAN PREPARATORY SCHOOL, INC FINANCIAL STATEMENTS Year Ended June 30, 2014 FRANKS, FRANKS, JARRELL & WILEMON, P.A. Certified Public Accountants TUPELO CHRISTIAN PREPARATORY SCHOOL, INC TABLE
More informationABDULLAH AL-OTHAIM MARKETS COMPANY (SAUDI JOINT STOCK COMPANY) FINANCIAL STATEMENTS AND AUDITORS' REPORT YEAR ENDED DECEMBER 31, 2008
FINANCIAL STATEMENTS AND AUDITORS' REPORT FINANCIAL STATEMENTS AND AUDITORS' REPORT INDEX PAGE Auditors report 1 Balance sheet 2 Statement of income 3 Statement of changes in shareholders equity 4 Statement
More informationBAPTIST MEDICAL AND DENTAL MISSION INTERNATIONAL, INC. Hattiesburg, Mississippi. Financial Statements Years Ended December 31, 2016 and 2015
BAPTIST MEDICAL AND DENTAL MISSION Hattiesburg, Mississippi Financial Statements CONTENTS Independent Auditor's Report 1 2 Financial Statements Statements of Financial Position 3 Statements of Activities
More informationBAPTIST MEDICAL AND DENTAL MISSION INTERNATIONAL, INC. Hattiesburg, Mississippi. Audited Financial Statements Years Ended December 31, 2011 and 2010
BAPTIST MEDICAL AND DENTAL MISSION Hattiesburg, Mississippi Audited Financial Statements CONTENTS Independent Auditor's Report 1 Financial Statements Statements of Financial Position 2 Statements of Activities
More informationVANCOUVER ISLAND UNIVERSITY
CONSOLIDATED FINANCIAL STATEMENTS MARCH 31, 2016 Consolidated Financial Statements Table of Contents Statement of Administrative Responsibility for Financial Statements Independent Auditors' Report Consolidated
More informationHARVEST BIBLE FELLOWSHIP
Financial Statements With Independent Auditors Report June 30, 2017 and December 31, 2016 Table of Contents Page Independent Auditors' Report 1 Financial Statements Statements of Financial Position 2 Statements
More informationSHAKESPEARE FESTIVAL ST. LOUIS
SHAKESPEARE FESTIVAL ST. LOUIS FINANCIAL STATEMENTS SEPTEMBER 30, 2012 (With comparative totals from 2011) SHAKESPEARE FESTIVAL ST. LOUIS SEPTEMBER 30, 2012 CONTENTS INDEPENDENT AUDITORS' REPORT 1 Page
More informationLEGAL AID AT WORK FINANCIAL STATEMENTS. December 31, CROSBY & KANEDA Certified Public Accountants
FINANCIAL STATEMENTS December 31, 2017 (WITH COMPARATIVE TOTALS AS OF DECEMBER 31, 2016) CROSBY & KANEDA Certified Public Accountants Dedicated to Nonprofit Organizations Contents Independent Auditors'
More informationCONTENTS INDEPENDENT ACCOUNTANTS REVIEW REPORT 1
CONTENTS PAGE INDEPENDENT ACCOUNTANTS REVIEW REPORT 1 FINANCIAL STATEMENTS Statements of financial position 2 Statements of activities 3 Statements of cash flows 4 Notes to financial statements 5-9 STATEMENTS
More informationWORD OF LIFE FELLOWSHIP, INC. AND AFFILIATE
WORD OF LIFE FELLOWSHIP, INC. AND AFFILIATE Consolidated Financial Statements With Independent Auditors Report and Supplementary Information Table of Contents Independent Auditors Report 1 Consolidated
More informationMission of Hope Haiti, Inc. Financial Statements June 30, 2014
Mission of Hope Haiti, Inc. Financial Statements June 30, 2014 Cary, Trlica & Wood, P.C. Certified Public Accountants INDEPENDENT AUDITOR S REPORT Management and Board of Directors Mission of Hope Haiti,
More informationCENTRAL MINNESOTA HABITAT FOR HUMANITY AUDITED FINANCIAL STATEMENTS JUNE 30, 2015
CENTRAL MINNESOTA HABITAT FOR HUMANITY AUDITED FINANCIAL STATEMENTS SCHLENNER WENNER & CO. Certified Public Accountants & Business Consultants TABLE OF CONTENTS Independent Auditors' Report... 1 Statement
More informationN Street Village, Inc. and Subsidiaries
Consolidated Financial Statements For the Years Ended Table of Contents Page Independent Auditor's Report 3 Consolidated Financial Statements Consolidated Statements of Financial Position 5 Consolidated
More informationTHE CITY MISSION AND AFFILIATES
THE CITY MISSION AND AFFILIATES CONSOLIDATED FINANCIAL STATEMENTS SEPTEMBER 30, 2017 AND 2016 Walthall Rea www.reacpa.com Table of Contents Page Independent Auditors Report... 1-2 Consolidated Financial
More informationArtPrize Grand Rapids
Financial Statements Years Ended December 31, 2016 and 2015 The report accompanying these financial statements was issued by BDO USA, LLP, a Delaware limited liability partnership and the U.S. member of
More informationFinancial Statements of DOUGLAS COLLEGE. Year ended March 31, 2017
Financial Statements of DOUGLAS COLLEGE KPMG LLP Metro Tower I 4710 Kingsway, Suite 2400 Burnaby BC V5H 4M2 Canada Telephone (604) 527-3600 Fax (604) 527-3636 INDEPENDENT AUDITORS REPORT To the Board
More informationABILITYFIRST FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 2017
FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 2017 FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 2017 CONTENTS Page Independent Auditor s Report... 1 Statement of Financial Position... 2 Statement of Activities...
More informationThe Arbor School of Central Florida, Inc. Financial Statements. July 31, 2018
The Arbor School of Central Florida, Inc. Financial Statements TABLE OF CONTENTS Page INDEPENDENT AUDITORS REPORT 1 FINANCIAL STATEMENTS Statement of Financial Position 2 Statement of Activities and Changes
More informationABILITYFIRST FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 2016
FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 2016 FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 2016 CONTENTS Page Independent Auditor s Report... 1 Statement of Financial Position... 2 Statement of Activities...
More informationWASTE NOT, INC. FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT DECEMBER 31, 2016 AND 2015
FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT TABLE OF CONTENTS CONTENTS Page Independent Auditors Report 1 Statements of Financial Position 3 Statements of Activities 4 Statements of Functional
More informationAudited Financial Statements and Other Financial Information SOCIETY FOR SCIENCE & THE PUBLIC. December 31, 2011
Audited Financial Statements and Other Financial Information SOCIETY FOR SCIENCE & THE PUBLIC December 31, 2011 Contents Independent Auditor s Report on the Financial Statements 1 Financial Statements
More informationBlood:Water Mission, Inc. Financial Statements December 31, 2016
Financial Statements December 31, 2016 Table of Contents Independent Auditor s Report... 1 Statement of Financial Position... 2 Statement of Activities and Changes in Net Assets... 3 Statement of Cash
More informationHARVEST BIBLE CHAPEL. Financial Statements With Independent Auditors Report. December 31, 2012 and 2011
Financial Statements With Independent Auditors Report Table of Contents Page Independent Auditors' Report 1 Financial Statements Statements of Financial Position 3 Statements of Activities 4 Statements
More informationGilda s Club Chicago. Independent Auditor s Report and Financial Statements. December 31, 2016 and 2015
Independent Auditor s Report and Financial Statements Contents Independent Auditor s Report... 1 Financial Statements Statements of Financial Position... 3 Statements of Activities and Changes in Net Assets...
More informationSHAOHANNAH S HOPE, INC. D/B/A SHOW HOPE FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT JUNE 30, 2017 AND 2016
FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT TABLE OF CONTENTS Page INDEPENDENT AUDITORS' REPORT 1 FINANCIAL STATEMENTS: Statements of Financial
More informationSupportive Housing Communities, Inc.
Supportive Housing Communities, Inc. Charlotte, North Carolina Audited Financial Statements For The Years Ended TABLE OF CONTENTS Page Independent Auditor s Report 1 2 Financial Statements Statements of
More informationYouth Music Project. GaryMcGee & Co. LLP CERTIFIED PUBLIC ACCOUNTANTS
GaryMcGee & Co. LLP CERTIFIED PUBLIC ACCOUNTANTS Youth Music Project Financial Statements and Other Information as of and for the Year Ended December 31, 2015 and Independent Accountants Review Report
More informationFinancial Statements March 31, 2014
Financial Statements March 31, 2014 Financial Statements Table of Contents Auditor s Report...3 Financial Statements Statement of Financial Position...4 Statement of Operations...5 Statement of Cash Flows...6
More informationCAMP KUDZU, INC. FINANCIAL STATEMENTS SEPTEMBER 30, 2016 AND 2015
FINANCIAL STATEMENTS TABLE OF CONTENTS INDEPENDENT AUDITORS REPORT 1 FINANCIAL STATEMENTS Statements of Financial Position 2 Statements of Activities 3 Statement of Functional Expenses 2016 4 Statement
More informationYOUTH LEARNING CENTER. FINANCIAL REPORT (Audited)
FINANCIAL REPORT (Audited) Year Ended December 31, 2013 FINANCIAL REPORT -------------------------------------------------------- Page INDEPENDENT AUDITOR'S REPORT 1 FINANCIAL STATEMENTS Statements of
More informationDAYSTAR LIFE CENTER, INC.
Financial Statements with Independent Auditors Report For the Years Ended August 31, 2016 and 2015 Table of Contents August 31, 2016 and 2015 INDEPENDENT AUDITORS REPORT...1-2 FINANCIAL STATEMENTS Statement
More informationBC LIQUOR DISTRIBUTION BRANCH
Financial Statements of BC LIQUOR DISTRIBUTION BRANCH For year ended March 31, 2017 This page left intentionally blank This page left intentionally blank INDEPENDENT AUDITOR'S REPORT To the Minister of
More informationSOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS, TAMPA BAY, FLORIDA, INC. Financial Statements (Unaudited)
SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS, Financial Statements (Unaudited) December 31, 2018 and 2017 (With Independent Accountant s Review Report Thereon) Table of Contents Independent Accountant
More informationOperation Homefront, Inc.
Independent Auditor s Report and Financial Statements Contents Independent Auditor s Report on Financial Statements... 1 Financial Statements Statements of Financial Position... 3 Statements of Activities...
More informationBOISE RESCUE MISSION, INC. (a nonprofit organization) FINANCIAL STATEMENTS
(a nonprofit organization) FINANCIAL STATEMENTS Years Ended and 2015 TABLE OF CONTENTS Page Independent Auditors Report...3 Statements of Financial Position...5 Statements of Activities...7 Statements
More informationALGOMA CHRISTIAN SCHOOL FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION. Years Ended June 30, 2016 and 2015
ALGOMA CHRISTIAN SCHOOL FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION Years Ended June 30, 2016 and 2015 Culver CPA Group 1419 Coit Ave NE Grand Rapids, MI 49505 To the Board of Directors Algoma Christian
More informationGlobus Relief Year Ended December 31, 2016 Financial Statements And Independent Auditor s Report
Year Ended December 31, 2016 Financial Statements And Independent Auditor s Report Table of Contents Independent Auditor s Report 1 Financial Statements Statement of Financial Position 3 Statement of Activities
More information