ROSWELL UNITED METHODIST CHURCH, INC. FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORT For the Years Ended December 31, 2014 and 2013

Size: px
Start display at page:

Download "ROSWELL UNITED METHODIST CHURCH, INC. FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORT For the Years Ended December 31, 2014 and 2013"

Transcription

1 FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORT For the Years Ended December 31, 2014 and 2013

2 TABLE OF CONTENTS PAGE INDEPENDENT AUDITORS' REPORT 1 FINANCIAL STATEMENTS Statements of Financial Position 3 Statements of Activities 5 Statements of Cash Flows 6 Notes to Financial Statements 7

3 Magoon, Freeman, Spain & Jones, LLC Certified Public Accountants Members Carl B. Magoon, CPA, PC Sammy V. Freeman, PC Joe Spain, Jr. CPA, PC Claire E. Jones, CPA, PC Karen J. Bates, PC Christopher J. Roper, CPA, PC INDEPENDENT AUDITOR S REPORT To the Finance Committee Roswell United Methodist Church, Inc. Roswell, Georgia We have audited the accompanying financial statements of Roswell United Methodist Church, Inc., which comprise the statements of financial position as of December 31, 2014 and 2013, and the related statements of activities and cash flows for the years then ended, and the related notes to the financial statements. Management s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements. In accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor s Responsibility Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor s judgment, including the assessment of the risks of material misstatements of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements Mansell Road // Suite 575 // Alpharetta, GA // p: // f: //

4 We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Roswell United Methodist Church, Inc. as of December 31, 2014 and 2013, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America. Magoon, Freeman, Spain & Jones, LLC Alpharetta, Georgia June 26,

5 STATEMENTS OF FINANCIAL POSITION December 31, 2014 and 2013 ASSETS CURRENT ASSETS Cash $ 3,983,703 $ 2,673,026 Receivables, other Short-term investments 11,030 - Prepaid expenses 28,647 27,695 Total Current Assets 4,024,332 2,700,864 PROPERTY AND EQUIPMENT Buildings and improvements 14,282,823 14,282,823 Equipment 2,706,619 2,704,119 Land 1,792,011 1,792,011 Land improvements 508, ,755 Furniture and fixtures 279, ,385 Vehicles 275, ,991 19,845,053 19,818,084 Less: accumulated depreciation (9,891,930) (9,546,323) Net Property and Equipment 9,953,123 10,271,761 TOTAL ASSETS $ 13,977,455 $ 12,972,625 See Independent Auditor s Report. The accompanying notes are an integral part of these financial statements. -3-

6 LIABILITIES AND NET ASSETS CURRENT LIABILITIES Note payable, current portion $ 214,107 $ 200,016 Capital lease, current portion 11,905 11,269 Accounts payable 124 1,529 Deferred revenue for tuition 59,321 61,746 Total Current Liabilities 285, ,560 LONG-TERM LIABILITIES Note payable, less current portion 1,885,342 2,224,562 Capital lease, less current portion 18,024 29,928 Total Long-Term Liabilities 1,903,366 2,254,490 TOTAL LIABILITIES 2,188,823 2,529,050 NET ASSETS Net assets, unrestricted 9,433,110 9,253,300 Net assets, temporarily restricted 2,355,522 1,190,275 Total Net Assets 11,788,632 10,443,575 TOTAL LIABILITIES AND NET ASSETS $ 13,977,455 $ 12,972,625-4-

7 STATEMENTS OF ACTIVITIES Temporarily Total Temporarily Total Unrestricted Restricted 2014 Unrestricted Restricted 2013 OPERATING SUPPORT AND REVENUES Contributions $ 5,092,734 $ 2,713,532 $ 7,806,266 $ 5,220,926 $ 1,587,529 $ 6,808,455 Tuition and related fees 571, , , ,442 Investment income Other revenue 38,791 18,263 57,054 46,012 25,913 71,925 Net assets added to (released from) restrictions 1,566,548 (1,566,548) - 1,611,881 (1,611,881) - Total Operating Support and Revenue 7,270,014 1,165,247 8,435,261 7,423,209 1,561 7,424,770 FUNCTIONAL EXPENSES Operating Expenses: Lay personnel staff 1,925,534-1,925,534 1,712,146-1,712,146 Ministerial staff 992, , , ,532 Trustees' expenses 803, ,575 1,069,059-1,069,059 Council on ministries 665, , , ,644 Depreciation expense 344, , , ,471 Operating expenses 106, , , ,547 Building debt service 100, , , ,657 Kindergarten expenses 510, , , ,996 Parents Morning Out expenses 51,183-51,183 37,795-37,795 Total Operating Expenses 5,500,448-5,500,448 5,954,847-5,954,847 Expenses Released from Temporarily Restricted Net Assets: Special gifts and other 1,589,756-1,589,756 1,616,445-1,616,445 Total Expenses Released from Temporarily Restricted Net Assets 1,589,756-1,589,756 1,616,445-1,616,445 Total Expenses 7,090,204-7,090,204 7,571,292-7,571,292 Increase (Decrease) in Net Assets 179,810 1,165,247 1,345,057 (148,083) 1,561 (146,522) NET ASSETS, Beginning of year 9,253,300 1,190,275 10,443,575 9,401,383 1,188,714 10,590,097 NET ASSETS, End of year $ 9,433,110 $ 2,355,522 $ 11,788,632 $ 9,253,300 $ 1,190,275 $ 10,443,575 See Independent Auditor s Report. The accompanying notes are an integral part of these financial statements. -5-

8 STATEMENTS OF CASH FLOWS CASH FLOWS FROM OPERATING ACTIVITIES Change in net assets $ 1,345,057 $ (146,522) Adjustments to changes in net assets to net cash provided by operating activities: Depreciation 345, ,137 Donated investments (11,030) - Donated property and equipment (5,000) (19,389) Decrease (increase) in receivables, other (809) (143) Decrease (increase) in prepaid expenses (952) (23,366) Increase (decrease) in accounts payable (1,405) 593 Increase (decrease) in deferred revenue (2,425) 5,144 NET CASH PROVIDED BY OPERATING ACTIVITIES 1,669, ,454 CASH FLOWS FROM INVESTING ACTIVITIES Purchases of property and equipment (21,969) (165,627) NET CASH USED IN INVESTING ACTIVITIES (21,969) (165,627) CASH FLOWS FROM FINANCING ACTIVITIES Payments on note payable (325,129) (250,500) Payments on capital leases (11,268) (10,668) NET CASH USED IN FINANCING ACTIVITIES (336,397) (261,168) NET INCREASE IN CASH 1,310,677 99,659 CASH, Beginning of Year 2,673,026 2,573,367 CASH, End of Year $ 3,983,703 $ 2,673,026 See Independent Auditor s Report. The accompanying notes are an integral part of these financial statements. -6-

9 NOTES TO FINANCIAL STATEMENTS NOTE A SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A Summary of Roswell United Methodist Church s (the Church) significant accounting policies applied in the preparation of the accompanying financial statements is as follows: 1. Nature of Operations The Church was organized in 1836 and is engaged in the promotion of the Christian religion in accordance with the Discipline of the United Methodist Church, and is a member of the Georgia United Methodist Foundation. The Church also operates a preschool and kindergarten primarily for the children of members of its congregation. 2. Method of Accounting The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America, and in accordance with principles of not-for-profit accounting. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. Certain reclassifications have been made to the prior year s financial statements to conform to the current year presentation. These reclassifications had no effect on previously reported activities or net assets. The Church has evaluated subsequent events through June 26, 2015, the date on which the financial statements were available to be issued, and is not aware of significant events that occurred subsequent to the balance sheet date but prior to the issuance of this report that would have a material effect on the financial statements. 3. Cash and Cash Equivalents For purposes of the statement of cash flows, the Church considers all short-term debt securities purchased with an original maturity of three months or less to be cash equivalents. The Church had no cash equivalents as of December 31, 2014 and 2013, respectively. -7-

10 NOTES TO FINANCIAL STATEMENTS NOTE A SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED 4. Investments The Church receives gifts of securities throughout the year which consist of highly-liquid, short-term marketable securities where the carrying amounts of these securities approximate their current fair values. These securities are classified as available-for-sale. The Church s policy is to convert all donated investments to cash as soon as possible. 5. Property and Equipment Property and equipment are recorded at cost. Expenditures for major additions and improvements are capitalized and minor replacements, maintenance, and repairs are charged to expense as incurred. When property and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the statement of activities for the respective period. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method. The estimated useful lives for significant property and equipment categories are as follows: Buildings and improvements 5-60 years Equipment 5-20 years Land improvements years Furniture and fixtures 10 years Vehicles 10 years Details of depreciation expense for the years ended December 31, 2014 and 2013 is as follows: Church $ 344,534 $ 708,471 Kindergarten and preschool 1,074 1,666 $ 345,608 $ 710,137-8-

11 NOTES TO FINANCIAL STATEMENTS NOTE A SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES CONTINUED 6. Net Assets Net assets and revenues, expenses, gains and losses are classified based on the existence or absence of donor-imposed restrictions as follows: Unrestricted net assets - Net assets that are not subject to donor-imposed stipulations. Temporarily restricted net assets - Net assets subject to donor-imposed stipulations that may or will be met, either by actions of the Church and/or the passage of time. When a restriction expires, temporarily restricted net assets are reclassified to unrestricted net assets and reported in the statement of activities as net assets released from restrictions. Permanently restricted net assets - Net assets subject to donor-imposed stipulations that the Church maintain them permanently. Generally, the donors of these assets permit the Church to use all or part of the income earned on any related investments for general or specific purposes. The Church has no permanently restricted assets. 7. Revenue Recognition Contributions are recorded as income when received. Contributions are classified as unrestricted, temporarily restricted, or permanently restricted support depending on the existence and/or nature of donor restrictions. Contributions that are restricted by the donor are reported as increases in unrestricted net assets if the restrictions expire in the fiscal year in which the contributions are recognized. All other donor-restricted contributions are reported as an increase in temporarily or permanently restricted net assets depending on the nature of the restrictions. Contributions that are required to be reported as temporarily restricted support are then reclassified to unrestricted net assets upon expiration of time restrictions or satisfaction of donor restrictions. All contributions of property are recorded at their estimated fair value at the date of donation and are reported as unrestricted support unless otherwise restricted by the donor. -9-

12 NOTES TO FINANCIAL STATEMENTS NOTE A SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES CONTINUED 8. Revenue Recognition - continued Contributions, including unconditional promises to give, are recorded as received. All contributions are available for unrestricted use unless specifically restricted by the donor. At December 31, 2014 and 2013, the Church had no unconditional promises to give. Tuition income and other related fees are recognized as earned. Tuition received in advance for the ensuing school year is deferred until earned and included in the liabilities in the financial statements. Scholarships awarded are netted against gross tuition and fees to the extent they exceed incremental costs incurred. 9. Functional Expenses Functional expenses have been allocated between ministries based on an analysis of personnel time and expenses for the related activities. 10. Income Taxes The Church is a tax-exempt organization under the provisions of Internal Revenue Code Section 501(c)(3). The United Methodist Church received its Section 501(c)(3) determination letter from the Internal Revenue Service on October 16, 1974, and is classified as an other than private foundation. Roswell United Methodist Church, Inc. is covered by the blanket exemption of the United Methodist Church. 11. Fair Value of Financial Instruments The carrying amounts of accounts receivable, prepaid expenses, deposits, accounts payable, and deferred revenue approximate fair value because of their short-term nature. NOTE B CONCENTRATIONS OF CREDIT RISK The Church maintains its cash balances at local financial institutions. The balances are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000. At times during the year the Church may have amounts on deposit in excess of FDIC insurance limits. The Church had uninsured cash balances of $3,423,900 at December 31, If the financial institutions were not to honor their contractual liability, the Church could incur losses. It is management s opinion that there is low credit risk because of the financial strength of the institutions involved. -10-

13 NOTES TO FINANCIAL STATEMENTS NOTE C INVESTMENTS The Church receives gifts of securities throughout the year and the carrying amounts approximate their current fair values. These securities are classified as available-for-sale as they are usually sold within a short period of time after they are received from donors. At December 31, 2014 and 2013, the balance in investments totaled $11,030 and $-0-, respectively. Their carrying valued is measured on a recurring basis at a Level 1 within the fair value hierarchy used to measure assets which is defined as observable inputs such as quoted prices for identical instruments in active markets, meaning there are third parties sources that estimate the fair value. NOTE D NOTE PAYABLE In March 2011 the Church entered into an agreement with a financial institution to consolidate and refinance the balances of two prior notes. This loan was modified in March 2013, from the original rate of 5.5% to a fixed rate of 4.25% for the remainder of the loan term to March Loan payments are based on a 15 year amortization schedule, but the loan matures in 10 years, at which time a balloon payment of $667,315 will be due. The loan is secured by a negative pledge on Building B. The balance of the note payable as of December 31, 2014 and 2013 totaled $2,099,449 and $2,424,579, respectively. The principal maturities of the note payable for the years subsequent to December 31, 2014 are as follows: Years Ending December 31, Amount 2015 $ 214, , , , ,706 Thereafter 932,016 Total $ 2,099,

14 NOTES TO FINANCIAL STATEMENTS NOTE E CAPITAL LEASE OBLIGATIONS The Church leases certain equipment under capital leases. The leases range from one year to five years and the monthly lease payments range from $112 to $1,100 per month with an annual interest rate of 5.5% with varying maturity dates through June The following is a schedule of equipment under capital leases, which is included in property and equipment as of December 31, 2014 and 2013: Leased equipment $ 57,823 $ 57,823 Less: accumulated depreciation (30,839) (19,275) Net book value of leased equipment $ 26,984 $ 38,548 A summary of the future minimum lease payments under capital leases is computed as follows: Years Ended December 31, Amounts 2015 $ 13, , ,522 Minimum lease payments 32,030 Less: portion representing interest (2,101) Present value of minimum lease payments 29,929 Less: current portion of capital leases (11,905) Long-term Portion of Capital Leases $ 18,

15 NOTES TO FINANCIAL STATEMENTS NOTE F NET ASSETS The net asset details as of December 31, 2014 and 2013 is as follows: Net assets - unrestricted Church - unrestricted $ 8,912,911 $ 8,769,541 Church - internally designated 376, ,550 Total Church unrestricted net assets 9,289,587 9,158,091 Preschool & Kindergarten 141,195 93,060 Parents Morning Out 2,328 2,149 Total Net Assets - unrestricted 9,433,110 9,253,300 Net assets - temporarily restricted Columbarium 84,491 70,050 Clearance & Global Impact Funds 303, ,718 Special gifts 1,967, ,507 Total Net Assets - temporarily restricted 2,355,522 1,190,275 Total Net Assets $ 11,788,632 $ 10,443,575 NOTE G RETIREMENT PLAN The ministerial staff participates in a defined benefit plan dictated by the North Georgia Methodist Conference. The Church offers a 403(b) Plan (the Plan) to provide retirement benefits for its lay employees. Employees are eligible to participate in the plan after 12 months of service provided they work more than 20 hours per week and 1,040 hours per calendar year. All employees who participate in the plan are required to contribute 3.00% of their annual compensation to the Plan, limited to a maximum annual amount as set periodically by the Internal Revenue Service. The Church contributes 6.00% of each participating employee s annual compensation. The Church s pension contributions totaled $39,575 and $46,751 for the years ended December 31, 2014 and 2013, respectively. There were no unfunded pension liabilities during 2014 and

16 NOTES TO FINANCIAL STATEMENTS NOTE H RELATED PARTY ACTIVITIES The Church receives funds from the Roswell United Methodist Foundation (the Foundation) to help supplement costs for certain Church expenditures. These expenditures include, but are not limited to, providing subsidies for employee allowances and purchasing supplies and equipment to be used by the Church. For the years ended December 31, 2014 and 2013, the Church received $210,330 and $97,751 respectively, from the Foundation. The Church also received in-kind donations from the Foundation of $1,947 and $15,860 for the years ended December 31, 2014 and 2013, respectively. NOTE I SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION Cash paid for interest $ 100,147 $ 119,

Celebration Church of Jacksonville, Inc.

Celebration Church of Jacksonville, Inc. Financial Statements and Independent Auditor s Report Contents Page Independent Auditor s Report...3 Financial Statements Statement of Financial Position...4 Statement of Activities...5 Statement of Cash

More information

ELife Church D.B.A. Experience Life Church. Financial Statements and Independent Auditor s Report. December 31, 2014 and 2013

ELife Church D.B.A. Experience Life Church. Financial Statements and Independent Auditor s Report. December 31, 2014 and 2013 Financial Statements and Independent Auditor s Report December 31, 2014 and 2013 Contents Page Independent Auditor s Report... 3 Financial Statements Statements of Financial Position... 4 Statements of

More information

AUSTIN STONE COMMUNITY CHURCH FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORT JULY 31, 2014 AND 2013

AUSTIN STONE COMMUNITY CHURCH FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORT JULY 31, 2014 AND 2013 FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORT C O N T E N T S Page Independent Auditors' Report 1 Financial Statements Statements of Financial Position 3 Statements of Activities 4 Statements of

More information

THE SOUTH FLORIDA CHURCH OF CHRIST, INC.

THE SOUTH FLORIDA CHURCH OF CHRIST, INC. THE SOUTH FLORIDA CHURCH OF CHRIST, INC. FINANCIAL STATEMENTS THE SOUTH FLORIDA CHURCH OF CHRIST, INC. FINANCIAL STATEMENTS TABLE OF CONTENTS PAGES Independent Auditor s Report 1 Statement of Financial

More information

FIRST UNITED METHODIST CHURCH OF FORT WORTH

FIRST UNITED METHODIST CHURCH OF FORT WORTH FIRST UNITED METHODIST CHURCH OF FORT WORTH Fort Worth, Texas Consolidated Financial Statements Years Ended December 31, 2012 and 2011 Consolidated Financial Statements Years Ended December 31, 2012 and

More information

REGAN, GRACE & KERLEY, LLC CERTIFIED PUBLIC ACCOUNTANTS

REGAN, GRACE & KERLEY, LLC CERTIFIED PUBLIC ACCOUNTANTS FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT REGAN, GRACE & KERLEY, LLC CERTIFIED PUBLIC ACCOUNTANTS TABLE OF CONTENTS Page No. INDEPENDENT AUDITORS REPORT 1 FINANCIAL STATEMENTS Statements of

More information

SHENANDOAH VALLEY SPAY & NEUTER CLINIC, INC. FINANCIAL REPORT

SHENANDOAH VALLEY SPAY & NEUTER CLINIC, INC. FINANCIAL REPORT SHENANDOAH VALLEY SPAY & NEUTER CLINIC, INC. FINANCIAL REPORT December 31, 2013 CONTENTS Page INDEPENDENT AUDITOR S REPORT... 1 FINANCIAL STATEMENTS Statements of Financial Position... 3 Statements of

More information

KIPP NEW YORK, INC. AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS

KIPP NEW YORK, INC. AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS YEARS ENDED JUNE 30, 2015 AND 2014 TABLE OF CONTENTS YEARS ENDED JUNE 30, 2015 AND 2014 INDEPENDENT AUDITORS REPORT 1 FINANCIAL STATEMENTS CONSOLIDATED STATEMENTS OF FINANCIAL

More information

NATIONAL ENERGY EDUCATION DEVELOPMENT PROJECT, INC. Financial Statements and Supplemental Information

NATIONAL ENERGY EDUCATION DEVELOPMENT PROJECT, INC. Financial Statements and Supplemental Information NATIONAL ENERGY EDUCATION DEVELOPMENT PROJECT, INC. Financial Statements and Supplemental Information (With Summarized Financial Information for the Year Ended December 31, 2011) and Report Thereon TABLE

More information

ST. MARTIN'S EPISCOPAL CHURCH

ST. MARTIN'S EPISCOPAL CHURCH ST. MARTIN'S EPISCOPAL CHURCH FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORT FOR THE YEARS ENDED DECEMBER 31,2010 (AUDITED) AND DECEMB:ER 31, 2009 (REVIEWED) CONTENTS Page INDEPENDENT AUDITORS'

More information

September 30, 2015 and 2014

September 30, 2015 and 2014 Combined Financial Statements and Report of Independent Certified Public Accountants Corporation for Public Broadcasting and Affiliate Contents Report of Independent Certified Public Accountants 3 4 Financial

More information

WIKI EDUCATION FOUNDATION

WIKI EDUCATION FOUNDATION WIKI EDUCATION FOUNDATION JUNE 30, 2015 INDEPENDENT AUDITORS REPORT AND FINANCIAL STATEMENTS Independent Auditors Report and Financial Statements Independent Auditors Report 1-2 Financial Statements Statement

More information

BOISE RESCUE MISSION, INC. (a nonprofit organization) CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION

BOISE RESCUE MISSION, INC. (a nonprofit organization) CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION (a nonprofit organization) CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION Years Ended September 30, 2014 and 2013 TABLE OF CONTENTS Page Independent Auditors Report...3 Consolidated Statements

More information

MULTNOMAH BIBLE COLLEGE AND SEMINARY INDEPENDENT AUDITOR S REPORT AND FINANCIAL STATEMENTS

MULTNOMAH BIBLE COLLEGE AND SEMINARY INDEPENDENT AUDITOR S REPORT AND FINANCIAL STATEMENTS MULTNOMAH BIBLE COLLEGE AND SEMINARY INDEPENDENT AUDITOR S REPORT AND FINANCIAL STATEMENTS JUNE 30, 2007 AND 2006 CONTENTS PAGE INDEPENDENT AUDITOR S REPORT 1 FINANCIAL STATEMENTS Statements of financial

More information

JAMES A. MICHENER ART MUSEUM

JAMES A. MICHENER ART MUSEUM FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 2010 CONTENTS INDEPENDENT AUDITOR'S REPORT 1 FINANCIAL STATEMENTS Statement of Financial Position 2 Statement of Activities 3 Statement of Functional Expenses

More information

FRIENDS OF KEXP dba KEXP-FM

FRIENDS OF KEXP dba KEXP-FM FRIENDS OF KEXP dba KEXP-FM FINANCIAL STATEMENTS WITH INDEPENDENT AUDITORS REPORT INDEPENDENT AUDITORS REPORT To the Board of Directors Friends of KEXP Seattle, Washington We have audited the accompanying

More information

SAMPLE AUDITOR S OPINION LETTER

SAMPLE AUDITOR S OPINION LETTER SAMPLE AUDITOR S OPINION LETTER INDEPENDENT AUDITORS REPORT To the Board of Directors XYZ Organization Washington, D.C. We have audited the accompanying statement of financial position of XYZ Organization

More information

BOSTON PARTNERS IN EDUCATION, INC. Financial Statements and Independent Auditors Report August 31, 2015

BOSTON PARTNERS IN EDUCATION, INC. Financial Statements and Independent Auditors Report August 31, 2015 Financial Statements and Independent Auditors Report Randall S. Davis & Company LLP Certified Public Accountants Creating Value From Numbers To the Board of Directors of Boston Partners in Education, Inc.

More information

GRACE CHURCH CONSOLIDATED FINANCIAL STATEMENTS YEARS ENDED MAY 31, 2012 AND 2011

GRACE CHURCH CONSOLIDATED FINANCIAL STATEMENTS YEARS ENDED MAY 31, 2012 AND 2011 CONSOLIDATED FINANCIAL STATEMENTS YEARS ENDED MAY 31, 2012 AND 2011 TABLE OF CONTENTS YEARS ENDED MAY 31, 2012 AND 2011 INDEPENDENT AUDITORS REPORT 1 CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENTS

More information

NONPROFITS ASSISTANCE FUND FINANCIAL STATEMENTS YEARS ENDED MARCH 31, 2015 AND 2014

NONPROFITS ASSISTANCE FUND FINANCIAL STATEMENTS YEARS ENDED MARCH 31, 2015 AND 2014 FINANCIAL STATEMENTS YEARS ENDED TABLE OF CONTENTS YEARS ENDED INDEPENDENT AUDITORS' REPORT 1 FINANCIAL STATEMENTS STATEMENTS OF FINANCIAL POSITION 3 STATEMENTS OF ACTIVITIES 5 STATEMENTS OF CASH FLOWS

More information

SOS CHILDREN S VILLAGES USA, INC.

SOS CHILDREN S VILLAGES USA, INC. FINANCIAL STATEMENTS AND REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS DECEMBER 31, 2015 AND 2014 TABLE OF CONTENTS REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS 1-2 Page FINANCIAL STATEMENTS

More information

AMERICA CAN! CARS FOR KIDS

AMERICA CAN! CARS FOR KIDS ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED AUGUST 31, 2014 C O N T E N T S Page INDEPENDENT AUDITOR S REPORT... 1 FINANCIAL STATEMENTS Statement of Financial Position... 3 Statement of Activities... 4

More information

BROOKWOOD CHURCH. Financial Statements With Independent Auditors Report. Year Ended September 30, 2013 and Thirteen Months Ended September 30, 2012

BROOKWOOD CHURCH. Financial Statements With Independent Auditors Report. Year Ended September 30, 2013 and Thirteen Months Ended September 30, 2012 Financial Statements With Independent Auditors Report Year Ended September 30, 2013 and Thirteen Months Ended September 30, 2012 Table of Contents Independent Auditors Report 1 Financial Statements Statements

More information

SAMPLE ASSOCIATION, INC. AUDITED FINANCIAL REPORT

SAMPLE ASSOCIATION, INC. AUDITED FINANCIAL REPORT , INC. AUDITED FINANCIAL REPORT December 31, 2003 CONTENTS Page INDEPENDENT AUDITORS REPORT 1 FINANCIAL STATEMENTS Statement of financial position 2 Statement of activities 3 Statement of cash flows 4

More information

BOB WOODRUFF FAMILY FOUNDATION, INC. FINANCIAL STATEMENTS YEARS ENDED DECEMBER 31, 2014 AND 2013

BOB WOODRUFF FAMILY FOUNDATION, INC. FINANCIAL STATEMENTS YEARS ENDED DECEMBER 31, 2014 AND 2013 FINANCIAL STATEMENTS YEARS ENDED TABLE OF CONTENTS YEARS ENDED INDEPENDENT AUDITORS REPORT 1 FINANCIAL STATEMENTS STATEMENTS OF FINANCIAL POSITION 2 STATEMENTS OF ACTIVITIES 3 STATEMENT OF FUNCTIONAL EXPENSE

More information

SOS CHILDREN S VILLAGES USA, INC.

SOS CHILDREN S VILLAGES USA, INC. FINANCIAL STATEMENTS AND REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS DECEMBER 31, 2014 AND 2013 TABLE OF CONTENTS REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS 1-2 Page FINANCIAL STATEMENTS

More information

SOUTH ORANGE PERFORMING ARTS CENTER, INC. Financial Statements June 30, 2014 and 2013

SOUTH ORANGE PERFORMING ARTS CENTER, INC. Financial Statements June 30, 2014 and 2013 SOUTH ORANGE PERFORMING ARTS CENTER, INC. Financial Statements The report accompanying these financial Statements was issued by Spire Group, PC a New Jersey Professional Corporation. Table of Contents

More information

NEW LIFE CHURCH AND AFFILIATE

NEW LIFE CHURCH AND AFFILIATE CONSOLIDATED FINANCIAL STATEMENTS With Independent Auditors' Report December 31, 2014 and 2013 Table of Contents Independent Auditors' Report 1 Financial Statements Consolidated Statements of Financial

More information

ATLANTA, GEORGIA REPORT ON AUDITS OF FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011

ATLANTA, GEORGIA REPORT ON AUDITS OF FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011 ATLANTA, GEORGIA REPORT ON AUDITS OF FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011 INDEX TO FINANCIAL STATEMENTS DECEMBER 31, 2012 AND 2011 PAGE INDEPENDENT AUDITOR'S REPORT STATEMENTS

More information

The Virginia Society of Certified Public Accountants and The Virginia Society of Certified Public Accountants Political Action Committee

The Virginia Society of Certified Public Accountants and The Virginia Society of Certified Public Accountants Political Action Committee The Virginia Society of Certified Public Accountants and The Virginia Society of Certified Public Accountants Political Action Committee Consolidated Financial Statements Years Ended April 30, 2014 and

More information

GRACE FELLOWSHIP CHURCH, INC. FINANCIAL STATEMENTS JUNE 30, 2013 AND 2012

GRACE FELLOWSHIP CHURCH, INC. FINANCIAL STATEMENTS JUNE 30, 2013 AND 2012 FINANCIAL STATEMENTS JUNE 30, 2013 AND 2012 Table of Contents For the Years Ended June 30, 2013 and 2012 PAGE Independent Auditors' Report... 1-1A Financial Statements Statements of Financial Position...

More information

OPERATION BLESSING INTERNATIONAL RELIEF AND DEVELOPMENT CORPORATION AND AFFILIATED ORGANIZATIONS. Combined Financial Statements

OPERATION BLESSING INTERNATIONAL RELIEF AND DEVELOPMENT CORPORATION AND AFFILIATED ORGANIZATIONS. Combined Financial Statements Combined Financial Statements (With Independent Auditors Report Thereon) KPMG LLP Suite 1900 440 Monticello Avenue Norfolk, VA 23510 Independent Auditors Report The Board of Directors Operation Blessing

More information

Sample Financial Statements from PPC Preparing Nonprofit Financial Statements

Sample Financial Statements from PPC Preparing Nonprofit Financial Statements (ACCOUNTANT S LETTERHEAD) INDEPENDENT ACCOUNTANT S REPORT (REVIEW) To the Board of Directors Habitat House, Inc. City, State We have reviewed the accompanying statements of financial position of Habitat

More information

NEW LIFE CHURCH AND AFFILIATE

NEW LIFE CHURCH AND AFFILIATE CONSOLIDATED FINANCIAL STATEMENTS With Independent Auditors' Report December 31, 2013 and 2012 Table of Contents Independent Auditors' Report 1 Financial Statements Consolidated Statements of Financial

More information

MINNESOTA COUNCIL OF CHURCHES MINNEAPOLIS, MINNESOTA FINANCIAL STATEMENTS DECEMBER 31, 2012 AND 2011

MINNESOTA COUNCIL OF CHURCHES MINNEAPOLIS, MINNESOTA FINANCIAL STATEMENTS DECEMBER 31, 2012 AND 2011 MINNEAPOLIS, MINNESOTA FINANCIAL STATEMENTS DECEMBER 31, 2012 AND 2011 TABLE OF CONTENTS Page INDEPENDENT AUDITOR S REPORT 1-2 FINANCIAL STATEMENTS Statements of Financial Position 3-4 Statements of Activities

More information

AVIVA CHILDREN'S SERVICES, INC. AUDITED FINANCIAL STATEMENTS YEARS ENDED JUNE 30, 2015 AND 2014

AVIVA CHILDREN'S SERVICES, INC. AUDITED FINANCIAL STATEMENTS YEARS ENDED JUNE 30, 2015 AND 2014 AUDITED FINANCIAL STATEMENTS YEARS ENDED JUNE 30, 2015 AND 2014 AUDITED FINANCIAL STATEMENTS YEARS ENDED JUNE 30, 2015 AND 2014 TABLE OF CONTENTS Independent auditors report... 1 Statements of financial

More information

DALLAS MISSION FOR LIFE d.b.a. DALLAS LIFE

DALLAS MISSION FOR LIFE d.b.a. DALLAS LIFE 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 information

CORO SOUTHERN CALIFORNIA, INC. (A NONPROFIT ORGANIZATION) FINANCIAL STATEMENTS JUNE 30, 2015

CORO SOUTHERN CALIFORNIA, INC. (A NONPROFIT ORGANIZATION) FINANCIAL STATEMENTS JUNE 30, 2015 FINANCIAL STATEMENTS CONTENTS Page INDEPENDENT AUDITOR'S REPORT 1-2 STATEMENT OF FINANCIAL POSITION 3 STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS 4 STATEMENT OF FUNCTIONAL EXPENSES 5 STATEMENT OF

More information

ST. MARY SEMINARY AND GRADUATE SCHOOL OF THEOLOGY (OUR LADY OF THE LAKE) FINANCIAL REPORT. JUNE 30, 2015 and 2014

ST. MARY SEMINARY AND GRADUATE SCHOOL OF THEOLOGY (OUR LADY OF THE LAKE) FINANCIAL REPORT. JUNE 30, 2015 and 2014 ST. MARY SEMINARY AND GRADUATE SCHOOL OF THEOLOGY FINANCIAL REPORT JUNE 30, 2015 and 2014 CONTENTS Page INDEPENDENT AUDITORS' REPORT ON THE FINANCIAL STATEMENTS 1 FINANCIAL STATEMENTS Statements of financial

More information

The Children's Museum of Memphis, Inc. Financial Statements June 30, 2015 and 2014

The Children's Museum of Memphis, Inc. Financial Statements June 30, 2015 and 2014 The Children's Museum of Memphis, Inc. Financial Statements June 30, 2015 and 2014 Table of Contents June 30, 2015 and 2014 Page Independent Auditor s Report... 3 Financial Statements Statements of Financial

More information

FINANCIAL STATEMENTS AND REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS JOSEPH S HOUSE, INC. (A NON-PROFIT ORGANIZATION)

FINANCIAL STATEMENTS AND REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS JOSEPH S HOUSE, INC. (A NON-PROFIT ORGANIZATION) FINANCIAL STATEMENTS AND REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS JOSEPH S HOUSE, INC. (A NON-PROFIT ORGANIZATION) September 30, 2013 and 2012 CONTENTS Page Report of Independent Certified Public

More information

FINANCIAL STATEMENTS. For the Years Ended March 31, 2014 and 2013 with Independent Auditors Report

FINANCIAL STATEMENTS. For the Years Ended March 31, 2014 and 2013 with Independent Auditors Report FINANCIAL STATEMENTS For the Years Ended with Independent Auditors Report FINANCIAL STATEMENTS CONTENTS Page Independent Auditors Report... 1-2 Financial Statements: Statements of Financial Position...3

More information

SeriousFun Children's Network, Inc. and Subsidiaries

SeriousFun Children's Network, Inc. and Subsidiaries SeriousFun Children's Network, Inc. and Subsidiaries Consolidated Financial Statements and Independent Auditor's Report (With Supplementary Information) December 31, 2015 and 2014 Index Page Independent

More information

FoodCorps, Inc. Financial Statements and Auditor s Report. For the Period Ended June 30, 2011

FoodCorps, Inc. Financial Statements and Auditor s Report. For the Period Ended June 30, 2011 Financial Statements and Auditor s Report For the Period Ended June 30, 2011 Table of Contents Independent Auditor s Report Financial Statements: Statement of Financial Position Page 4 Statement of Activities

More information

WORLD BUSINESS CHICAGO YEARS ENDED DECEMBER 31, 2014 AND 2013

WORLD BUSINESS CHICAGO YEARS ENDED DECEMBER 31, 2014 AND 2013 YEARS ENDED DECEMBER 31, 2014 AND 2013 YEARS ENDED DECEMBER 31, 2014 AND 2013 CONTENTS Page Independent auditor s report 1-2 Financial statements: Statement of financial position 3-4 Statement of activities

More information

October 7, 2015. To the Board of Elders of Christ Fellowship

October 7, 2015. To the Board of Elders of Christ Fellowship October 7, 2015 To the Board of Elders of Christ Fellowship We have audited the financial statements of Christ Fellowship (the Church ) for the year ended June 30, 2015 and have issued our report thereon

More information

Grace Centers of Hope and Subsidiaries. Consolidated Financial Report October 31, 2013

Grace Centers of Hope and Subsidiaries. Consolidated Financial Report October 31, 2013 Consolidated Financial Report October 31, 2013 Contents Report Letter 1 Consolidated Financial Statements Balance Sheet 2 Statement of Activities and Changes in Net Assets 3 Statement of Functional Expenses

More information

THE ASPEN EDUCATION FOUNDATION FINANCIAL STATEMENTS. June 30, 2013

THE ASPEN EDUCATION FOUNDATION FINANCIAL STATEMENTS. June 30, 2013 FINANCIAL STATEMENTS June 30, 2013 FINANCIAL STATEMENTS June 30, 2013 TABLE OF CONTENTS ITEM PAGE NUMBER Independent Auditor s Report 1 Statement of Financial Position 2 Statement of Activities 3 Statement

More information

California Fire Foundation Financial Statements December 31, 2013 and 2012

California Fire Foundation Financial Statements December 31, 2013 and 2012 Financial Statements Financial Statements Contents INDEPENDENT AUDITORS' REPORT...1 FINANCIAL STATEMENTS Statement of Financial Position...2 Statement of Activities...3 Statements of Functional Expenses...4

More information

Financial Statements and Independent Auditor s Report. Nonprofit Management Services of Colorado

Financial Statements and Independent Auditor s Report. Nonprofit Management Services of Colorado Financial Statements and Independent Auditor s Report Nonprofit Management Services of Colorado TABLE OF CONTENTS INDEPENDENT AUDITOR S REPORT 3 Page FINANCIAL STATEMENTS STATEMENT OF FINANCIAL POSITION

More information

FINANCIAL STATEMENTS With Independent Auditors' Report. July 31, 2014 and 2013

FINANCIAL STATEMENTS With Independent Auditors' Report. July 31, 2014 and 2013 FINANCIAL STATEMENTS With Independent Auditors' Report July 31, 2014 and 2013 Table of Contents Independent Auditors' Report 1 Financial Statements Statements of Financial Position 3 Statements of Activities

More information

Transitional Living Centers of Oklahoma, Inc. Financial Statements and Independent Auditor s Report. December 31, 2014 and 2013

Transitional Living Centers of Oklahoma, Inc. Financial Statements and Independent Auditor s Report. December 31, 2014 and 2013 Financial Statements and Independent Auditor s Report December 31, 2014 and 2013 Table of Contents PAGE Independent Auditor s Report... 3 Financial Statements Statements of Financial Position... 4 Statements

More information

CONFERENCE TREASURER NORTH GEORGIA CONFERENCE, UNITED METHODIST CHURCH. Audited Financial Statements. For The Years Ended December 31, 2012 and 2011

CONFERENCE TREASURER NORTH GEORGIA CONFERENCE, UNITED METHODIST CHURCH. Audited Financial Statements. For The Years Ended December 31, 2012 and 2011 NORTH GEORGIA CONFERENCE, UNITED METHODIST CHURCH Audited Financial Statements For The Years Ended December 31, 2012 and 2011 GDN GrossDukeNelson & Co, PC Certified Public Accountants & Consultants Member

More information

The Colleges of the Seneca Financial Statements May 31, 2007 and 2006

The Colleges of the Seneca Financial Statements May 31, 2007 and 2006 Financial Statements PricewaterhouseCoopers LLP 1100 Bausch & Lomb Place Rochester NY 14604-2705 Telephone (585) 232 4000 Facsimile (585) 454 6594 Report of Independent Auditors To the Board of Trustees

More information

WISHES & MORE AUDITED FINANCIAL STATEMENTS DECEMBER 31, 2014

WISHES & MORE AUDITED FINANCIAL STATEMENTS DECEMBER 31, 2014 AUDITED FINANCIAL STATEMENTS DECEMBER 31, 2014 SCHLENNER WENNER & CO. Certified Public Accountants & Business Consultants TABLE OF CONTENTS Independent Auditors' Report... 1 Statements of Financial Position...

More information

SUMMIT BIBLE COLLEGE AND WORSHIP CENTER (A California NonProfit Organization)

SUMMIT BIBLE COLLEGE AND WORSHIP CENTER (A California NonProfit Organization) SUMMIT BIBLE COLLEGE AND WORSHIP CENTER (A California NonProfit Organization) FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION Year Ended December 31, 2013 (With Independent Auditor's Report Thereon)

More information

EVERGREEN COMMUNITY CHURCH FINANCIAL STATEMENTS YEARS ENDED DECEMBER 31, 2012 AND 2011

EVERGREEN COMMUNITY CHURCH FINANCIAL STATEMENTS YEARS ENDED DECEMBER 31, 2012 AND 2011 FINANCIAL STATEMENTS YEARS ENDED TABLE OF CONTENTS YEARS ENDED INDEPENDENT AUDITORS REPORT 1 FINANCIAL STATEMENTS STATEMENTS OF ASSETS, LIABILITIES AND NET ASSETS MODIFIED CASH BASIS 3 STATEMENTS OF SUPPORT,

More information

The International Centre for Missing and Exploited Children and ICMEC Limited. Consolidated Financial Report December 31, 2013

The International Centre for Missing and Exploited Children and ICMEC Limited. Consolidated Financial Report December 31, 2013 The International Centre for Missing and Exploited Children and ICMEC Limited Consolidated Financial Report December 31, 2013 Contents Independent Auditor s Report 1 Financial Statements Consolidated Statement

More information

New Mexico Community Foundation FINANCIAL STATEMENTS. December 31, 2013 and 2012

New Mexico Community Foundation FINANCIAL STATEMENTS. December 31, 2013 and 2012 FINANCIAL STATEMENTS Board of Directors New Mexico Community Foundation INDEPENDENT AUDITORS REPORT We have audited the accompanying financial statements of the New Mexico Community Foundation (the Foundation),

More information

MICROFINANCE OPPORTUNITIES, INC.

MICROFINANCE OPPORTUNITIES, INC. WWW.MCB-CPA.COM TABLE OF CONTENTS DECEMBER 31, 2012 AND 2011 Independent Auditors Report 1-2 Financial Statements: Statements of Financial Position 3 Statements of Activities and Changes in Net Assets

More information

Clean Water Fund. Financial Report December 31, 2013

Clean Water Fund. Financial Report December 31, 2013 Financial Report Contents Report Letter 1 Financial Statements Statement of Financial Position 2 Statement of Activities and Changes in Net Assets 3 Statement of Cash Flows 4 Notes to Financial Statements

More information

Financial Statements. August 31, 2013 and 2012. (With Independent Auditors Report Thereon)

Financial Statements. August 31, 2013 and 2012. (With Independent Auditors Report Thereon) Financial Statements (With Independent Auditors Report Thereon) Table of Contents Page Independent Auditors Report 1 Statements of Financial Position 2 Statement of Activities Year ended August 31, 2013

More information

Financial Statements September 30, 2014 and 2013 Utah Microenterprise Loan Fund

Financial Statements September 30, 2014 and 2013 Utah Microenterprise Loan Fund Financial Statements Utah Microenterprise Loan Fund www.eidebailly.com Table of Contents Independent Auditor s Report... 1 Financial Statements Statements of Financial Position... 2 Statements of Activities...

More information

STEPPENWOLF THEATRE COMPANY. Consolidated Financial Statements for the Years Ended August 31, 2008 and 2007

STEPPENWOLF THEATRE COMPANY. Consolidated Financial Statements for the Years Ended August 31, 2008 and 2007 STEPPENWOLF THEATRE COMPANY Consolidated Financial Statements for the TABLE OF CONTENTS Independent Auditor s Report 1 Consolidated Financial Statements CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 2-3

More information

OPERATION SMILE, INC. Consolidated Financial Statements. June 30, 2014 and 2013. (With Independent Auditors Report Thereon)

OPERATION SMILE, INC. Consolidated Financial Statements. June 30, 2014 and 2013. (With Independent Auditors Report Thereon) (With Independent Auditors Report Thereon) Table of Contents Page(s) Independent Auditors Report 1 2 Consolidated Statements of Financial Position 3 Consolidated Statements of Activities 4 Consolidated

More information

ALAMO COLLEGES FOUNDATION, INC. (A Texas nonprofit Foundation) AUDITED FINANCIAL STATEMENTS. Year Ended December 31, 2012

ALAMO COLLEGES FOUNDATION, INC. (A Texas nonprofit Foundation) AUDITED FINANCIAL STATEMENTS. Year Ended December 31, 2012 R. D. Harrison, CPA Certified Public Accountant Member American Institute of Certified Public Accountants Registered with the Public Company Accounting Oversight Board ALAMO COLLEGES FOUNDATION, INC. AUDITED

More information

Orange County s United Way

Orange County s United Way Financial Statements Years Ended June 30, 2015 and 2014 The report accompanying these financial statements was issued by BDO USA, LLP, a Delaware limited liability partnership and the U.S. member of BDO

More information

Audited Financial Statements. Quincy Catholic Academy of Quincy, Massachusetts, Inc.

Audited Financial Statements. Quincy Catholic Academy of Quincy, Massachusetts, Inc. Audited Financial Statements Quincy Catholic Academy of Quincy, Massachusetts, Inc. June 30, 2015 Quincy Catholic Academy of Quincy, Massachusetts, Inc. Audited Financial Statements June 30, 2015 INDEPENDENT

More information

THE UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION. Consolidated Financial Statements. June 30, 2011 and 2010

THE UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION. Consolidated Financial Statements. June 30, 2011 and 2010 Consolidated Financial Statements (With Independent Auditors Report Thereon) KPMG LLP Suite 1100 One Jackson Place 188 East Capitol Street Jackson, MS 39201-2127 Independent Auditors' Report The Board

More information

TechnoServe, Inc. Consolidated Financial Report December 31, 2012

TechnoServe, Inc. Consolidated Financial Report December 31, 2012 Consolidated Financial Report December 31, 2012 Contents Independent Auditor s Report 1 2 Financial Statements Consolidated Balance Sheet 3 Consolidated Statement Of Activities 4 Consolidated Statement

More information

BOAZ AND RUTH, INC. AND AFFILIATES CONSOLIDATED FINANCIAL STATEMENTS. December 31, 2008

BOAZ AND RUTH, INC. AND AFFILIATES CONSOLIDATED FINANCIAL STATEMENTS. December 31, 2008 BOAZ AND RUTH, INC. AND AFFILIATES CONSOLIDATED FINANCIAL STATEMENTS TABLE OF CONTENTS Independent Auditor s Report... 1 Consolidated Financial Statements Consolidated Statement of Financial Position...

More information

REALITY CHANGERS A NONPROFIT ORGANIZATION. I. Index 1. II. Independent Auditor's Report 2. III. Statements of Financial Position 3

REALITY CHANGERS A NONPROFIT ORGANIZATION. I. Index 1. II. Independent Auditor's Report 2. III. Statements of Financial Position 3 FINANCIAL STATEMENTS Pages I. Index 1 II. Independent Auditor's Report 2 III. Statements of Financial Position 3 IV. Statements of Activities and Changes in Net Assets 4 V. Statements of Functional Expenses

More information

MEDICAL MINISTRY USA dba MEDICAL MINISTRY INTERNATIONAL

MEDICAL MINISTRY USA dba MEDICAL MINISTRY INTERNATIONAL Financial Statements Together with Independent Auditors Report For the Year Ended SWALM & ASSOCIATES, P.C. Certified Public Accountants FINANCIAL STATEMENTS Table of Contents Page Independent Auditors

More information

SAVE THE MANATEE CLUB, INC

SAVE THE MANATEE CLUB, INC SAVE THE MANATEE CLUB, INC AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2015 FRANK J. GUIDA C. P. A., P. A. SAVE THE MANATEE CLUB, INC Table of Contents Independent Auditor s Report 1 Financial

More information

Case Western Reserve University Consolidated Financial Statements for the Year Ending June 30, 2001

Case Western Reserve University Consolidated Financial Statements for the Year Ending June 30, 2001 Contents Report of Independent Accountants 1 Part 1 Consolidated Financial Statements Consolidated Balance Sheet 2 Consolidated Statement of Activities 3 Consolidated Statement of Cash Flows 4 Part 2 Summary

More information

THE OPEN HEARTH ASSOCIATION, INC. Report on Audit of Financial Statements. December 31, 2011

THE OPEN HEARTH ASSOCIATION, INC. Report on Audit of Financial Statements. December 31, 2011 Report on Audit of Financial Statements December 31, 2011 CONTENTS Independent Auditors Report 1-2 Statements of Financial Position December 31, 2011 and 2010 3 Statements of Activities for the Years Ended

More information

Public Library of Science. Financial Statements

Public Library of Science. Financial Statements Public Library of Science Financial Statements TABLE OF CONTENTS Page No. Independent Auditor's Report 1-2 Statement of Financial Position 3 Statement of Activities 4 Statement of Functional Expenses 5

More information

NEW YORK THEATRE WORKSHOP, INC. FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION JUNE 30, 2014 AND 2013

NEW YORK THEATRE WORKSHOP, INC. FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION JUNE 30, 2014 AND 2013 FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION TABLE OF CONTENTS Independent Auditor s Report... 1-2 Page Financial Statements Statements of Financial Position... 3 Statements of Activities... 4-5 Statements

More information

Partners for the Common Good Financial Statements December 31, 2014 and 2013

Partners for the Common Good Financial Statements December 31, 2014 and 2013 Partners for the Common Good Financial Statements December 31, 2014 and 2013 TABLE OF CONTENTS Page Independent Auditors' Report 1-2 Financial Statements: Statements of Financial Position 3 Statements

More information

Cincinnati Public Radio, Inc. and Subsidiary

Cincinnati Public Radio, Inc. and Subsidiary Cincinnati Public Radio, Inc. and Subsidiary Consolidated Financial Statements with Accompanying Information June 30, 2013, with Summarized Comparative Totals for June 30, 2012, and Independent Auditors

More information

NEWSONG COMMUNITY CHURCH OF ORANGE COUNTY

NEWSONG COMMUNITY CHURCH OF ORANGE COUNTY NEWSONG COMMUNITY CHURCH OF ORANGE COUNTY Financial Statements With Accountants' Review Report August 31, 2012 NEWSONG COMMUNITY CHURCH OF ORANGE COUNTY Table of Contents Accountants' Review Report 1 Financial

More information

CLEARWATER CHRISTIAN COLLEGE PRIVATE SCHOOL, INC.

CLEARWATER CHRISTIAN COLLEGE PRIVATE SCHOOL, INC. CLEARWATER CHRISTIAN COLLEGE PRIVATE SCHOOL, INC. Financial Statements For the Years Ended June 30, 2010 and 2009 (With Independent Auditors Report Thereon) TABLE OF CONTENTS June 30, 2010 INDEPENDENT

More information

CLEARWATER CHRISTIAN COLLEGE PRIVATE SCHOOL, INC.

CLEARWATER CHRISTIAN COLLEGE PRIVATE SCHOOL, INC. CLEARWATER CHRISTIAN COLLEGE PRIVATE SCHOOL, INC. Financial Statements For the Years Ended June 30, 2014 and 2013 (With Independent Auditors Report Thereon) CLEARWATER CHRISTIAN COLLEGE PRIVATE SCHOOL,

More information

CONSOLIDATED FINANCIAL STATEMENTS With Independent Auditors' Report. December 31, 2013 and 2012

CONSOLIDATED FINANCIAL STATEMENTS With Independent Auditors' Report. December 31, 2013 and 2012 CONSOLIDATED FINANCIAL STATEMENTS With Independent Auditors' Report Table of Contents Page Independent Auditors' Report 1 Financial Statements Consolidated Statements of Financial Position 3 Consolidated

More information

Audited Financial Statements NATIONAL COUNCIL OF NONPROFITS DECEMBER 31, 2013

Audited Financial Statements NATIONAL COUNCIL OF NONPROFITS DECEMBER 31, 2013 Audited Financial Statements NATIONAL COUNCIL OF NONPROFITS DECEMBER 31, 2013 1 Contents Independent Auditor s Report 1 Financial Statements Statement of financial position 2 Statement of activities 3

More information

MARATHON KIDS, INC. (A Nonprofit Corporation) INDEPENDENT AUDITORS' REPORT AND FINANCIAL STATEMENTS MAY 31, 2015 AND 2014

MARATHON KIDS, INC. (A Nonprofit Corporation) INDEPENDENT AUDITORS' REPORT AND FINANCIAL STATEMENTS MAY 31, 2015 AND 2014 INDEPENDENT AUDITORS' REPORT AND FINANCIAL STATEMENTS INDEPENDENT AUDITORS' REPORT AND FINANCIAL STATEMENTS INDEX TO FINANCIAL STATEMENTS Independent Auditors Report 1 Statements of Financial Position

More information

Boston College Financial Statements May 31, 2007 and 2006

Boston College Financial Statements May 31, 2007 and 2006 Financial Statements Index Page(s) Report of Independent Auditors... 1 Financial Statements Statement of Financial Position... 2 Statement of Activities... 3 Statement of Cash Flows... 4...5-15 PricewaterhouseCoopers

More information

VERMONT LONG TERM DISASTER RECOVERY GROUP, INC. (DOING BUSINESS AS VERMONT DISASTER RELIEF FUND )

VERMONT LONG TERM DISASTER RECOVERY GROUP, INC. (DOING BUSINESS AS VERMONT DISASTER RELIEF FUND ) VERMONT LONG TERM DISASTER RECOVERY GROUP, INC. (DOING BUSINESS AS VERMONT DISASTER RELIEF FUND ) FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORT TABLE OF CONTENTS Independent Auditor s Report...

More information

HIGHPOINT COMMUNITY CHURCH

HIGHPOINT COMMUNITY CHURCH Memphis, Tennessee Financial Statements Year Ended July 31, 2010 Financial Statements Year Ended July 31, 2010 TABLE OF CONTENTS Page Independent Auditors' Report 1 Statements of Financial Position 2 Statements

More information

SANTA MARIA HOSTEL, INC. AND SANTA MARIA HOSTEL FOUNDATION CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION

SANTA MARIA HOSTEL, INC. AND SANTA MARIA HOSTEL FOUNDATION CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION SANTA MARIA HOSTEL, INC. AND SANTA MARIA HOSTEL FOUNDATION CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION FOR THE YEAR ENDED AUGUST 31, 2013 TABLE OF CONTENTS Page No. Independent Auditor's

More information

Michiana Public Broadcasting Corporation. Consolidated Financial Report with Additional Information September 30, 2014

Michiana Public Broadcasting Corporation. Consolidated Financial Report with Additional Information September 30, 2014 Consolidated Financial Report with Additional Information September 30, 2014 Contents Report Letter 1-2 Consolidated Financial Statements Statement of Financial Position 3 Statement of Activities and Changes

More information

TEXAS TRIBUNE, INC. Financial Statements as of and for the Years Ended December 31, 2013 and 2012 and Independent Auditors Report

TEXAS TRIBUNE, INC. Financial Statements as of and for the Years Ended December 31, 2013 and 2012 and Independent Auditors Report TEXAS TRIBUNE, INC. Financial Statements as of and for the Years Ended December 31, 2013 and 2012 and Independent Auditors Report TEXAS TRIBUNE, INC. TABLE OF CONTENTS INDEPENDENT AUDITORS REPORT 1 Page

More information

NATIONAL COALITION FOR CANCER SURVIVORSHIP, INC. D/B/A CANCER SURVIVORS COALITION FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORT

NATIONAL COALITION FOR CANCER SURVIVORSHIP, INC. D/B/A CANCER SURVIVORS COALITION FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORT FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORT WWW.MCB-CPA.COM FINANCIAL STATEMENTS TABLE OF CONTENTS Page Independent Auditors Report 1 Financial Statements: Statements of Financial Position 2

More information

RAPE, ABUSE & INCEST NATIONAL NETWORK (RAINN) AUDITED FINANCIAL STATEMENTS YEARS ENDED MAY 31, 2015 AND 2014

RAPE, ABUSE & INCEST NATIONAL NETWORK (RAINN) AUDITED FINANCIAL STATEMENTS YEARS ENDED MAY 31, 2015 AND 2014 RAPE, ABUSE & INCEST NATIONAL NETWORK (RAINN) AUDITED FINANCIAL STATEMENTS YEARS ENDED MAY 31, 2015 AND 2014 Table of Contents Page Independent Auditor s Report 1-2 Audited Financial Statements Statements

More information

Saint Simons Community Church, Inc. Financial Statements

Saint Simons Community Church, Inc. Financial Statements Saint Simons Community Church, Inc. Financial Statements For The Year Ended December 31, 2014 REPORT OF INDEPENDENT AUDITORS The Elder Board Saint Simons Community Church, Inc. St. Simons Island, Georgia

More information

CONSOLIDATED FINANCIAL STATEMENTS AND REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS KANSAS WESLEYAN UNIVERSITY. June 30, 2013

CONSOLIDATED FINANCIAL STATEMENTS AND REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS KANSAS WESLEYAN UNIVERSITY. June 30, 2013 CONSOLIDATED FINANCIAL STATEMENTS AND REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS KANSAS WESLEYAN UNIVERSITY Contents Page REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS 1 CONSOLIDATED FINANCIAL

More information

Business for Social Responsibility. Consolidated Financial Statements. December 31, 2012 (With Comparative Totals for 2011)

Business for Social Responsibility. Consolidated Financial Statements. December 31, 2012 (With Comparative Totals for 2011) Business for Social Responsibility Consolidated Financial Statements (With Comparative Totals for 2011) TABLE OF CONTENTS Page No. Independent Auditor's Report 1-2 Consolidated Statement of Financial Position

More information

Pensacola Habitat For Humanity, Inc. Pensacola, Florida. Audited Financial Statements. With Supplementary Information

Pensacola Habitat For Humanity, Inc. Pensacola, Florida. Audited Financial Statements. With Supplementary Information Pensacola, Florida Audited Financial Statements With Supplementary Information June 30, 2014 Pensacola, Florida Audited Financial Statements With Supplementary Information June 30, 2014 CONTENTS PAGE Independent

More information

NEW YORK PUBLIC RADIO. Financial Statements and Supplemental Schedule. June 30, 2015 and 2014

NEW YORK PUBLIC RADIO. Financial Statements and Supplemental Schedule. June 30, 2015 and 2014 Financial Statements and Supplemental Schedule (With Independent Auditors Report Thereon) KPMG LLP 345 Park Avenue New York, NY 10154-0102 Independent Auditors Report The Board of Trustees New York Public

More information

COLORADO WOMEN'S EMPLOYMENT AND EDUCATION, INC. DBA CENTER FOR WORK EDUCATION AND EMPLOYMENT, INC.

COLORADO WOMEN'S EMPLOYMENT AND EDUCATION, INC. DBA CENTER FOR WORK EDUCATION AND EMPLOYMENT, INC. Financial Statements and Independent Auditors' Report June 30, 2014 and 2013 Table of Contents Page Independent Auditors' Report...1 Financial Statements Statements of Financial Position...3 Statements

More information