The Institute for Spirituality and Health. Financial Statements and Independent Auditors Report for the years ended June 30, 2012 and 2011

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "The Institute for Spirituality and Health. Financial Statements and Independent Auditors Report for the years ended June 30, 2012 and 2011"

Transcription

1 Financial Statements and Independent Auditors Report for the years ended June 30, 2012 and 2011

2 Blazek & Vetterling C ERTIFIED P UBLIC A CCOUNTANTS Independent Auditors Report To the Board of Directors of The Institute for Spirituality and Health: We have audited the accompanying statements of financial position of The Institute for Spirituality and Health (the Institute) as of June 30, 2012 and 2011 and the related statements of activities, of cash flows, and of functional expenses for the years then ended. These financial statements are the responsibility of the management of the Institute. 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 our audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of The Institute for Spirituality and Health as of June 30, 2012 and 2011 and the changes in its net assets and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America. February 25, Weslayan, Suite 200 Houston, Texas (713) Fax (713)

3 Statements of Financial Position as of June 30, 2012 and ASSETS Cash $ 218,118 $ 277,872 Pledges receivable 35,000 Prepaid expenses and other assets Beneficial interest in Endowment Trust (Notes 2 and 3) 1,523,944 1,676,387 Property, net (Note 4) 4,797 10,637 TOTAL ASSETS $ 1,782,428 $ 1,965,856 LIABILITIES AND NET ASSETS Liabilities: Accounts payable $ 802 $ 114 Net assets: Unrestricted 203, ,231 Temporarily restricted (Note 5) 54,427 22,124 Permanently restricted beneficial interest in Endowment Trust 1,523,944 1,676,387 Total net assets 1,781,626 1,965,742 TOTAL LIABILITIES AND NET ASSETS $ 1,782,428 $ 1,965,856 See accompanying notes to financial statements. 2

4 Statement of Activities for the year ended June 30, 2012 TEMPORARILY PERMANENTLY UNRESTRICTED RESTRICTED RESTRICTED TOTAL REVENUE: Contributions and grants $ 161,767 $ 79,248 $ 241,015 Rental income (Note 6) 179, ,619 Distributions from Endowment Trust 78,331 78,331 Tuition and fees 28,527 28,527 Other 2,283 2,283 Total revenue 450,527 79, ,775 Net assets released from restrictions: Expenditure for program purposes 46,945 (46,945) Total 497,472 32, ,775 EXPENSES: Program services 341, ,605 Management and general 178, ,089 Fundraising 41,754 41,754 Total expenses 561, ,448 CHANGES IN NET ASSETS FROM OPERATIONS (63,976) 32,303 (31,673) Change in value of Endowment Trust $ (152,443) (152,443) CHANGES IN NET ASSETS (63,976) 32,303 (152,443) (184,116) Net assets, beginning of year 267,231 22,124 1,676,387 1,965,742 Net assets, end of year $ 203,255 $ 54,427 $ 1,523,944 $ 1,781,626 See accompanying notes to financial statements. 3

5 Statement of Activities for the year ended June 30, 2011 TEMPORARILY PERMANENTLY UNRESTRICTED RESTRICTED RESTRICTED TOTAL REVENUE: Contributions and grants $ 27,490 $ 25,000 $ 52,490 Rental income (Note 6) 175, ,623 Distributions from Endowment Trust 80,405 80,405 Tuition and fees 23,821 23,821 Other 9,142 9,142 Total revenue 316,481 25, ,481 Net assets released from restrictions: Expenditure for program purposes 35,270 (35,270) Total 351,751 (10,270) 341,481 EXPENSES: Program services 251, ,180 Management and general 193, ,269 Fundraising 25,876 25,876 Total expenses 470, ,325 CHANGES IN NET ASSETS FROM OPERATIONS (118,574) (10,270) (128,844) Change in value of Endowment Trust $ 207, ,704 CHANGES IN NET ASSETS (118,574) (10,270) 207,704 78,860 Net assets, beginning of year 385,805 32,394 1,468,683 1,886,882 Net assets, end of year $ 267,231 $ 22,124 $ 1,676,387 $ 1,965,742 See accompanying notes to financial statements. 4

6 Statements of Cash Flows for the years ended June 30, 2012 and 2011 CASH FLOWS FROM OPERATING ACTIVITIES: Changes in net assets $ (184,116) $ 78,860 Adjustments to reconcile changes in net assets to net cash used by operating activities: Change in value of Endowment Trust 152,443 (207,704) Depreciation 5,840 5,840 Changes in operating assets and liabilities: Pledges receivable (35,000) 14,254 Prepaid expenses and other assets Accounts payable 688 (1,500) Net cash used by operating activities (59,754) (109,766) CASH FLOWS FROM FINANCING ACTIVITIES: Purchase of property (8,458) NET CHANGE IN CASH (59,754) (118,224) Cash, beginning of year 277, ,096 Cash, end of year $ 218,118 $ 277,872 See accompanying notes to financial statements. 5

7 Statements of Functional Expenses for the years ended June 30, 2012 and PROGRAM MANAGEMENT SERVICES AND GENERAL FUNDRAISING TOTAL Salaries and related benefits $ 140,918 $ 118,481 $ 20,587 $ 279,986 Contract labor 93, ,230 Occupancy 37,583 33,112 5,487 76,182 Programs and conferences 39,809 39,809 Professional fees 8,244 10,001 2,526 20,771 Office supplies 6,261 5, ,661 Postage and printing 6,511 1,059 3,684 11,254 Insurance 5,243 4, ,286 Event expenses 6,211 6,211 Depreciation 2,977 2, ,840 Other 595 2,596 1,027 4,218 Total $ 341,605 $ 178,089 $ 41,754 $ 561, PROGRAM MANAGEMENT SERVICES AND GENERAL FUNDRAISING TOTAL Salaries and related benefits $ 125,120 $ 113,569 $ 12,054 $ 250,743 Contract labor 17,389 2, ,787 Occupancy 34,315 31,145 3,308 68,768 Programs and conferences 53, ,223 Professional fees 15,465 7,650 23,115 Office supplies 8,771 7, ,577 Postage and printing 3,737 6, ,042 Insurance 4,260 3, ,537 Depreciation 2,914 2, ,840 Other 1,201 10, ,693 Total $ 251,180 $ 193,269 $ 25,876 $ 470,325 See accompanying notes to financial statements. 6

8 Notes to Financial Statements for the years ended June 30, 2012 and 2011 NOTE 1 ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES Organization The Institute for Spirituality and Health (the Institute) is a Texas nonprofit corporation chartered in The mission of the Institute is to advance the integration of spirituality, health, and healing in the Texas Medical Center in Houston and in the surrounding community. The Endowment Fund of The Institute for Religion and Human Development (the Endowment Trust) is a perpetual trust formed in 1974 as a supporting organization of the Institute for the purpose of providing funds for the Institute. The Endowment Trust is administered and the assets are held by an independent corporate trustee. The Institute s beneficial interest in the Endowment Trust is reported at the fair value of the trust assets. The change in the value of the Endowment Trust from year to year is recognized as an increase or decrease in net assets in the statement of activities. Distributions received from the Endowment Trust are recognized as revenue when received. Federal income tax status The Institute is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code and is classified as a public charity under 509(a)(1) and 170(b)(1)(A)(ii). The Institute files annual federal information returns and is subject to routine examinations of its returns; however, there are no examinations for any tax periods currently in progress. The Institute believes it is no longer subject to examinations of returns for tax years ended before June 30, Pledges receivable that are expected to be collected within one year are reported at net realizable value. Pledges receivable that are expected to be collected in future years are reported at the present value of the expected future cash flows. All pledges receivable at June 30, 2012 are due within one year. Property is reported at cost if purchased and at fair value at the date of gift if donated. The Institute capitalizes additions with a cost of more than $1,000. Depreciation is provided on a straight-line basis over estimated useful lives of 3 to 10 years for furniture and equipment. Net asset classification Contributions and the related net assets are classified based on the existence or absence of donor-imposed restrictions, as follows: Unrestricted net assets include those net assets whose use is not restricted by donor-imposed stipulations, even though their use may be limited in other respects, such as by contract or board designation. Temporarily restricted net assets include contributions restricted by the donor for specific purposes or time periods. When a purpose restriction is accomplished or a time restriction ends, temporarily restricted net assets are released to unrestricted net assets. 7

9 Permanently restricted net assets include contributions that donors have restricted in perpetuity. Permanently restricted net assets consist of assets held by the Endowment Trust for the benefit of the Institute by the Endowment Trust. Contributions are recognized as revenue at fair value when an unconditional commitment is received from the donor. Contributions received with donor stipulations that limit their use are classified as restricted support. Conditional contributions are recognized in the same manner when the conditions are substantially met. Rental income and tuition and fees are recognized in the period in which the services are provided. Estimates Management must make estimates and assumptions to prepare financial statements in accordance with generally accepted accounting principles. These estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, the amounts of reported revenue and expenses, and the allocation of expenses among various functions. Actual results could vary from the estimates that were used. NOTE 2 FAIR VALUE MEASUREMENTS Generally accepted accounting principles require that certain assets and liabilities be reported at fair value and establish a hierarchy that prioritizes inputs used to measure fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The three levels of the fair value hierarchy are as follows: Level 1 Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the reporting date. Level 2 Inputs are other than quoted prices included in Level 1, which are either directly observable or can be derived from or corroborated by observable market data at the reporting date. Level 3 Inputs are not observable and are based on the reporting entity s assumptions about the inputs market participants would use in pricing the asset or liability. Assets measured at fair value at June 30, 2012 are as follows: LEVEL 1 LEVEL 2 LEVEL 3 TOTAL Beneficial interest in Endowment Trust $ 0 $ 1,523,944 $ 0 $ 1,523,944 Assets measured at fair value at June 30, 2011 are as follows: LEVEL 1 LEVEL 2 LEVEL 3 TOTAL Beneficial interest in Endowment Trust $ 0 $ 1,676,387 $ 0 $ 1,676,387 8

10 Beneficial interest in Endowment Trust is valued at the fair value of the underlying investments of the Endowment Trust held at June 30, 2012, which is valued based on closing prices reported on the active market for equity securities and at reported net asset value for mutual funds. Assets of the Endowment Trust are managed by a corporate trustee and are not directly accessible by the Institute. This valuation method may produce a fair value that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Institute believes its valuation method is appropriate, the use of different methods or assumptions could result in a different fair value measurement at the reporting date. NOTE 3 BENEFICIAL INTEREST IN ENDOWMENT TRUST The assets of the Endowment Trust in which the Institute has a beneficial interest consists of the following: Equity securities: Domestic large-cap $ 529,012 $ 536,402 Domestic mid-cap 109, ,155 Mutual funds: Foreign large-blend 218, ,989 Domestic fixed-income 138, ,074 Foreign large-growth 126,082 84,870 Hedge funds 69,963 95,311 Money market mutual funds 69,025 54,108 Emerging market equity 59, ,538 Foreign fixed-income 45,329 51,535 Real estate funds 33,912 72,497 Commodities 98,220 94,971 Complementary structured strategies 23,298 Accrued interest receivable 3,345 1,937 Total $ 1,523,944 $ 1,676,387 Investments are exposed to various risks such as interest rate, market, and credit risks. Because of these risks, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect the amounts reported in the statement of financial position and statement of activities. 9

11 NOTE 4 PROPERTY Property consists of the following: Land $ 100 $ 100 Furniture 7,283 7,283 Equipment 28,843 28,843 Total property, at cost 36,226 36,226 Accumulated depreciation (31,429) (25,589) Property, net $ 4,797 $ 10,637 The Texas Medical Center (TMC), a Texas nonprofit organization, granted land in the medical center area to the Institute in The land is subject to permanent restrictions generally requiring the land to be used in compliance with various deed restrictions administered by the TMC for the purpose of promoting health, education, and research and for hospital, medical, and educational purposes. Until 2004, the Institute conducted its operations from a building located on that site. In 2004, the Institute leased its land to The Methodist Hospital (TMH), leased office space from TMH, and relocated its operations to the leased office space. See Note 6 related to lease commitments in connection with the land. NOTE 5 TEMPORARILY RESTRICTED NET ASSETS Temporarily restricted net assets are available for the following purposes: Visiting Distinguished Scholar $ 25,000 Leaders and Partnership Conference 12,254 $ 12,254 Psychotherapy and Faith 11,897 Nursing program 4,165 4,605 Other 1,111 5,265 Total temporarily restricted net assets $ 54,427 $ 22,124 NOTE 6 LEASE COMMITMENTS As lessor In fiscal year 2004, the Institute entered into an agreement with the TMC to lease the Institute s land to TMH for 99 years, with a renewal option for an additional 99 years. The lease calls for payments to the Institute totaling approximately $172,000 per year, subject to an annual consumer price index adjustment. The lease is a net lease, with TMH paying any taxes, insurance, construction, and maintenance. 10

12 As lessee In a related lease agreement, TMH agreed to provide office space to the Institute in a TMH building in proximity to the medical center for a term of 99 years, with a renewal option for an additional 99 years. The lease is a net lease, with the Institute paying a pro rata share of the building operating costs (utilities, cleaning, janitorial, repairs, restoration, insurance premiums, taxes, security, maintenance, and service contracts). The specific office space and the building operating expenses to be paid by the Institute are determined periodically. The lease term for the Institute s initial space is 10 years, with rental payments for operating costs of $5,682 per month. In addition to office space, the Institute leases certain office equipment under noncancellable operating leases. Total lease expense was approximately $71,000 in 2012 and $80,000 in Future minimum lease commitments at June 30, 2012 are as follows: 2013 $ 71, , ,432 Total $ 100,190 NOTE 7 SUBSEQUENT EVENTS Management has evaluated subsequent events through February 25, 2013, which is the date that the financial statements were available for issuance. As a result of this evaluation, no events were identified that are required to be disclosed or would have a material impact on reported net assets or changes in net assets. 11

Collaborative For Children. Financial Statements and Independent Auditors Report for the years ended December 31, 2011 and 2010

Collaborative For Children. Financial Statements and Independent Auditors Report for the years ended December 31, 2011 and 2010 Financial Statements and Independent Auditors Report for the years ended December 31, 2011 and 2010 Blazek & Vetterling C ERTIFIED P UBLIC A CCOUNTANTS Independent Auditors Report To the Board of Directors

More information

Houston Habitat for Humanity, Inc.

Houston Habitat for Humanity, Inc. Consolidated Financial Statements with Supplementary Information and Independent Auditors Report for the years ended December 31, 2014 and 2013 Table of Contents Page Independent Auditors Report 1 Financial

More information

Galapagos Conservancy. Financial Report March 31, 2013

Galapagos Conservancy. Financial Report March 31, 2013 Financial Report March 31, 2013 Contents Independent Auditor s Report 1 Financial Statements Balance Sheet 2 Statement Of Activities 3 Statement Of Functional Expenses 4 Statement Of Cash Flows 5 Notes

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

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

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

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

United Cerebral Palsy, Inc. Financial Report September 30, 2013

United Cerebral Palsy, Inc. Financial Report September 30, 2013 Financial Report September 30, 2013 Contents Independent Auditor s Report 1 2 Financial Statements Statement Of Financial Position 3 Statement Of Activities 4 Statement Of Functional Expenses 5 Statement

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

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

MAKE-A-WISH FOUNDATION OF MASSACHUSETTS AND RHODE ISLAND, INC. Financial Statements. August 31, 2014. (With Independent Auditors Report Thereon)

MAKE-A-WISH FOUNDATION OF MASSACHUSETTS AND RHODE ISLAND, INC. Financial Statements. August 31, 2014. (With Independent Auditors Report Thereon) MAKE-A-WISH FOUNDATION OF MASSACHUSETTS Financial Statements (With Independent Auditors Report Thereon) Table of Contents Page Independent Auditors Report 1 Statement of Financial Position 3 Statement

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

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

Jewish Community Foundation of San Diego. Consolidated Financial Statements and Supplemental Information

Jewish Community Foundation of San Diego. Consolidated Financial Statements and Supplemental Information Jewish Community Foundation of San Diego Consolidated Financial Statements and Supplemental Information Years Ended June 30, 2015 and 2014 Consolidated Financial Statements and Supplemental Information

More information

STARLIGHT CHILDREN S FOUNDATION GLOBAL OFFICE. Financial Statements. December 31, 2014. (With Independent Auditors Report Thereon)

STARLIGHT CHILDREN S FOUNDATION GLOBAL OFFICE. Financial Statements. December 31, 2014. (With Independent Auditors Report Thereon) Financial Statements (With Independent Auditors Report Thereon) Table of Contents Page Independent Auditors Report 1 Statement of Financial Position 3 Statement of Activities 4 Statement of Functional

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

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

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

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

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

MY OWN BOOK FUND, INC. (A NONPROFIT ORGANIZATION) FINANCIAL STATEMENTS JUNE 30, 2014 AND 2013

MY OWN BOOK FUND, INC. (A NONPROFIT ORGANIZATION) FINANCIAL STATEMENTS JUNE 30, 2014 AND 2013 MY OWN BOOK FUND, INC. (A NONPROFIT ORGANIZATION) FINANCIAL STATEMENTS MY OWN BOOK FUND, INC. TABLE OF CONTENTS (A NONPROFIT ORGANIZATION) PAGE INDEPENDENT AUDITOR'S REPORT 1-2 FINANCIAL STATEMENTS: STATEMENTS

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

USF HEALTH INTERNATIONAL FOUNDATION. Audited Financial Statements. June 30, 2011 and 2010. Contents. Independent Auditors' Report...

USF HEALTH INTERNATIONAL FOUNDATION. Audited Financial Statements. June 30, 2011 and 2010. Contents. Independent Auditors' Report... Audited Financial Statements June 30, 2011 and 2010 Contents Independent Auditors' Report... 1 Financial Statements: Statements of Financial Position... 2 Statement of Activities... 3 Statement of Cash

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

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

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

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

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

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

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

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

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

WASHINGTON ANIMAL RESCUE LEAGUE

WASHINGTON ANIMAL RESCUE LEAGUE WWW.MCB-CPA.COM 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 3-4

More information

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

Northeastern University Consolidated Financial Statements June 30, 2011 and 2010

Northeastern University Consolidated Financial Statements June 30, 2011 and 2010 Consolidated Financial Statements Index Page(s) Report of Independent Auditors... 1 Consolidated Financial Statements Consolidated Statements of Financial Position... 2 Consolidated Statement of Activities...

More information

WILLIAM SANSUM DIABETES CENTER

WILLIAM SANSUM DIABETES CENTER WILLIAM SANSUM DIABETES CENTER FINANCIAL STATEMENTS DECEMBER 31, 2014 WILLIAM SANSUM DIABETES CENTER TABLE OF CONTENTS December 31, 2014 Independent Auditor's Report.. 1-2 Statement of Financial Position......3

More information

CARINGBRIDGE Eagan, Minnesota

CARINGBRIDGE Eagan, Minnesota Eagan, Minnesota FINANCIAL STATEMENTS Including Independent Auditors' Report As of and For the Years Ended December 31,2014 and 2013 TABLE OF CONTENTS Independent Auditors' Report Statements of Financial

More information

FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT SPECIAL OPERATIONS WARRIOR FOUNDATION. December 31, 2014 and 2013

FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT SPECIAL OPERATIONS WARRIOR FOUNDATION. December 31, 2014 and 2013 FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT SPECIAL OPERATIONS WARRIOR FOUNDATION TABLE OF CONTENTS Independent Auditors Report 3-4 Financial Statements Statements of Financial Position 5 Statements

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

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

San Diego Museum of Art

San Diego Museum of Art San Diego Museum of Art Financial Statements and Supplemental Information Financial Statements and Supplemental Information Table of Contents Page Independent Auditors' Report 1 Financial Statements: Statements

More information

igem Foundation, Inc. Financial Statements Year Ended December 31, 2012

igem Foundation, Inc. Financial Statements Year Ended December 31, 2012 Financial Statements Year Ended December 31, 2012 Table of Contents Independent Auditors Report 1-2 Financial Statements: Statement of Financial Position 3 Statement of Activities and Changes in Net Assets

More information

WOUNDED WARRIOR PROJECT, INC. (A NOT-FOR-PROFIT ORGANIZATION)

WOUNDED WARRIOR PROJECT, INC. (A NOT-FOR-PROFIT ORGANIZATION) (A NOT-FOR-PROFIT ORGANIZATION) FINANCIAL REPORT TABLE OF CONTENTS Report of independent certified public accountants 1 Financial statements: Statement of financial position 2 Statement of activities 3

More information

THE LOS ANGELES CHAMBER ORCHESTRA SOCIETY, INC. AND AFFILIATE AUDITED COMBINED FINANCIAL STATEMENTS TABLE OF CONTENTS June 30, 2009

THE LOS ANGELES CHAMBER ORCHESTRA SOCIETY, INC. AND AFFILIATE AUDITED COMBINED FINANCIAL STATEMENTS TABLE OF CONTENTS June 30, 2009 AUDITED COMBINED FINANCIAL STATEMENTS TABLE OF CONTENTS June 30, 2009 Page Number INDEPENDENT AUDITOR S REPORT... 1 AUDITED FINANCIAL STATEMENTS Combined Statement of Financial Position... 2 Combined Statement

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

THE BROTHER S BROTHER FOUNDATION Pittsburgh, Pennsylvania. Financial Statements For the years ended December 31, 2015 and 2014

THE BROTHER S BROTHER FOUNDATION Pittsburgh, Pennsylvania. Financial Statements For the years ended December 31, 2015 and 2014 Pittsburgh, Pennsylvania Financial Statements For the years ended December 31, 2015 and 2014 and Independent Auditors Report Thereon www.schneiderdowns.com C O N T E N T S INDEPENDENT AUDITORS REPORT 1

More information

University of Florida Foundation, Inc. Financial and Compliance Report June 30, 2015

University of Florida Foundation, Inc. Financial and Compliance Report June 30, 2015 University of Florida Foundation, Inc. Financial and Compliance Report Contents Independent Auditor s Report on the Financial Statements 1 2 Financial Statements Statement of Financial Position 3 Statement

More information

THE MOODY BIBLE INSTITUTE OF CHICAGO. FINANCIAL STATEMENTS June 30, 2012 and 2011

THE MOODY BIBLE INSTITUTE OF CHICAGO. FINANCIAL STATEMENTS June 30, 2012 and 2011 THE MOODY BIBLE INSTITUTE OF CHICAGO FINANCIAL STATEMENTS A Crowe Horwath. Crowe Horwath LLP Independent Member Crowe Horwath International INDEPENDENT AUDITORS' REPORT The Board of Trustees The Moody

More information

UNIVERSITY OF DENVER (COLORADO SEMINARY) Financial Statements and OMB A-133 Single Audit Reports. June 30, 2015 and 2014

UNIVERSITY OF DENVER (COLORADO SEMINARY) Financial Statements and OMB A-133 Single Audit Reports. June 30, 2015 and 2014 Financial Statements and OMB A-133 Single Audit Reports June 30, 2015 and 2014 (With Independent Auditors Report Thereon) Table of Contents Independent Auditors Report 1 Financial Statements Statement

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

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

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

The American Institute for Contemporary German Studies at The Johns Hopkins University, Inc. Financial Statements and Independent Auditor s Report

The American Institute for Contemporary German Studies at The Johns Hopkins University, Inc. Financial Statements and Independent Auditor s Report The American Institute for Contemporary German Studies at The Johns Hopkins University, Inc. Financial Statements and Independent Auditor s Report The American Institute for Contemporary German Studies

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

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

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

OREGON STATE UNIVERSITY FOUNDATION. Consolidated Financial Statements. June 30, 2014 and 2013. (With Independent Auditors Report Thereon)

OREGON STATE UNIVERSITY FOUNDATION. Consolidated Financial Statements. June 30, 2014 and 2013. (With Independent Auditors Report Thereon) Consolidated Financial Statements (With Independent Auditors Report Thereon) Table of Contents Page(s) Independent Auditors Report 1 Consolidated Financial Statements: Consolidated Statements of Financial

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

CHARITY GLOBAL, INC. Financial Statements

CHARITY GLOBAL, INC. Financial Statements Financial Statements (With Independent Auditors Report Thereon) KPMG LLP 345 Park Avenue New York, NY 10154-0102 Independent Auditors Report The Board of Directors Charity Global, Inc.: We have audited

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

NATIONAL LEADERSHIP ROUNDTABLE ON CHURCH MANAGEMENT

NATIONAL LEADERSHIP ROUNDTABLE ON CHURCH MANAGEMENT WWW.MCB-CPA.COM INDEX Page Independent Auditors Report 1 Financial Statements: Statement of Financial Position 2 Statement of Activities 3 Statement of Functional Expenses 4 Statement of Cash Flows 5 Notes

More information

THE SUNDARI FOUNDATION, INC. AND AFFILIATES (D.B.A. THE LOTUS HOUSE) (a nonprofit organization) CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2011

THE SUNDARI FOUNDATION, INC. AND AFFILIATES (D.B.A. THE LOTUS HOUSE) (a nonprofit organization) CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2011 THE SUNDARI FOUNDATION, INC. AND AFFILIATES (a nonprofit organization) CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2011 THE SUNDARI FOUNDATION, INC. AND AFFILIATES (a nonprofit organization) CONSOLIDATED

More information

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

ROSWELL UNITED METHODIST CHURCH, INC. FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORT For the Years Ended December 31, 2014 and 2013 FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORT For the Years Ended December 31, 2014 and 2013 TABLE OF CONTENTS PAGE INDEPENDENT AUDITORS' REPORT 1 FINANCIAL STATEMENTS Statements of Financial Position

More information

Minnesota Council of Nonprofits, Inc. Consolidated Financial Statements Years Ended December 31, 2013 and 2012 (With Independent Auditor's Report

Minnesota Council of Nonprofits, Inc. Consolidated Financial Statements Years Ended December 31, 2013 and 2012 (With Independent Auditor's Report Consolidated Financial Statements Years Ended December 31, 2013 and 2012 (With Independent Auditor's Report Thereon) MINNESOTA COUNCIL OF NONPROFITS INDEPENDENT AUDITOR S REPORT... 3 FINANCIAL STATEMENTS

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

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

INDEPENDENT AUDITORS REPORT

INDEPENDENT AUDITORS REPORT September 2, 2013 INDEPENDENT AUDITORS REPORT Board of Directors California Vehicle Foundation dba California Automobile Museum Sacramento, California We have audited the accompanying financial statements

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

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

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

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

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

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

Independent Auditor s Report

Independent Auditor s Report Independent Auditor s Report To the Members of the Board of Directors National Insurance Producer Registry Kansas City, Missouri Report on the Financial Statements We have audited the accompanying financial

More information

EPISCOPAL CHURCH HOME & AFFILIATES LIFE CARE COMMUNITY, INC. d/b/a CANTERBURY WOODS

EPISCOPAL CHURCH HOME & AFFILIATES LIFE CARE COMMUNITY, INC. d/b/a CANTERBURY WOODS EPISCOPAL CHURCH HOME & AFFILIATES LIFE CARE COMMUNITY, INC. d/b/a CANTERBURY WOODS Financial Statements as of December 31, 2014 and 2013 Together with Independent Auditor s Report INDEPENDENT AUDITOR

More information

SeaChange Capital Partners, Inc. Financial Statements. December 31, 2014 and 2013

SeaChange Capital Partners, Inc. Financial Statements. December 31, 2014 and 2013 Financial Statements Board of Directors SeaChange Capital Partners, Inc. Independent Auditors Report We have audited the accompanying financial statements of SeaChange Capital Partners, Inc. (SeaChange),

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

igem Foundation, Inc. Financial Statements Years Ended December 31, 2014 and 2013

igem Foundation, Inc. Financial Statements Years Ended December 31, 2014 and 2013 Financial Statements Years Ended December 31, 2014 and 2013 Table of Contents Independent Auditors Report 1-2 Financial Statements: Statements of Financial Position 3 Statements of Activities 4 Statements

More information

The San Diego Foundation

The San Diego Foundation Consolidated Financial Statements Contents Independent Auditors Report 3-4 Financial Statements Consolidated Statements of Financial Position 5 Consolidated Statements of Activities 6-7 Consolidated Statements

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

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

HELPING HAND FOR RELIEF AND DEVELOPMENT, INC.

HELPING HAND FOR RELIEF AND DEVELOPMENT, INC. HELPING HAND FOR RELIEF AND DEVELOPMENT, INC. CONSOLIDATED FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 2013 Contents Page No. Independent Auditors Report... 1 Consolidated Statement of Financial Position...

More information

CHARITY GLOBAL, INC. Financial Statements. (With Independent Auditors Report Thereon)

CHARITY GLOBAL, INC. Financial Statements. (With Independent Auditors Report Thereon) Financial Statements (With Independent Auditors Report Thereon) KPMG LLP 345 Park Avenue New York, NY 10154-0102 Independent Auditors Report The Board of Directors Charity Global, Inc. We have audited

More information

Financial Statements Together with Report of Independent Certified Public Accountants FJC. March 31, 2015 and 2014

Financial Statements Together with Report of Independent Certified Public Accountants FJC. March 31, 2015 and 2014 Financial Statements Together with Report of Independent Certified Public Accountants FJC TABLE OF CONTENTS Page Report of Independent Certified Public Accountants 1-2 Financial Statements Statements of

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

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

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

Amateur Hockey Association Illinois, Inc. Financial Statements For the Year Ended May 31, 2014

Amateur Hockey Association Illinois, Inc. Financial Statements For the Year Ended May 31, 2014 Amateur Hockey Association Illinois, Inc. Financial Statements For the Year Ended May 31, 2014 Table of Contents Page Independent Auditor s Report 1-2 Statement of Financial Position, May 31, 2014 3 Statement

More information

ASSISTANCE LEAGUE OF LOS ALTOS (A California Non-profit Public Benefit Corporation)

ASSISTANCE LEAGUE OF LOS ALTOS (A California Non-profit Public Benefit Corporation) (A California Non-profit Public Benefit Corporation) FINANCIAL STATEMENTS AND INDEPENDENT REVIEWER S REPORT May 31, 2015 (with comparative totals for 2014) CONTENTS INDEPENDENT ACCOUNTANT S REVIEW REPORT

More information

CONTENTS. Independent Auditors Report... 1. Consolidated Statements of Financial Position... 2. Consolidated Statements of Activities...

CONTENTS. Independent Auditors Report... 1. Consolidated Statements of Financial Position... 2. Consolidated Statements of Activities... CONTENTS Independent Auditors Report... 1 Consolidated Statements of Financial Position... 2 Consolidated Statements of Activities...3-4 Consolidated Statements of Cash Flows... 5 Notes to the Consolidated

More information

Financial Statements and Supplemental Information. Home Repair Services of Kent County, Inc. (A Non-Profit Organization)

Financial Statements and Supplemental Information. Home Repair Services of Kent County, Inc. (A Non-Profit Organization) Financial Statements and Supplemental Information Home Repair Services of Kent County, Inc. Years Ended June 30, 2011 and 2010 with Report of Independent Auditors Financial Statements and Supplemental

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

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

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

Sistema Infantil Teleton USA, dba Children s Rehabilitation Institute of Teleton USA and Subsidiary

Sistema Infantil Teleton USA, dba Children s Rehabilitation Institute of Teleton USA and Subsidiary Sistema Infantil Teleton USA, dba Children s Rehabilitation Institute of Teleton USA and Subsidiary Consolidated Financial Statements and Supplementary Information December 31, 2015 and 2014 Institute

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

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

NEW YORK PUBLIC RADIO. Financial Statements and Supplemental Schedule. June 30, 2014 and 2013. (With Independent Auditors Report Thereon)

NEW YORK PUBLIC RADIO. Financial Statements and Supplemental Schedule. June 30, 2014 and 2013. (With Independent Auditors Report Thereon) 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

BENEVOLENT HEALTHCARE FOUNDATION DBA PROJECT C.U.R.E. FINANCIAL STATEMENTS MAY 31, 2014

BENEVOLENT HEALTHCARE FOUNDATION DBA PROJECT C.U.R.E. FINANCIAL STATEMENTS MAY 31, 2014 BENEVOLENT HEALTHCARE FOUNDATION DBA PROJECT C.U.R.E. FINANCIAL STATEMENTS MAY 31, 2014 C O N T E N T S Independent Auditors Report 2-3 Statements of Financial Position 4 Statements of Activities 5 Statements

More information

Holy Apostles Catholic Church Colorado Springs, Colorado. FINANCIAL STATEMENTS June 30, 2012

Holy Apostles Catholic Church Colorado Springs, Colorado. FINANCIAL STATEMENTS June 30, 2012 Holy Apostles Catholic Church Colorado Springs, Colorado FINANCIAL STATEMENTS June 30, 2012 TABLE OF CONTENTS Page No. Independent Accountants Report 1 FINANCIAL STATEMENTS Statements of Financial Position

More information