NEADS Audited Financials for Fiscal Year Ending August 31, 2012
Sources and Uses of Funds for Operations
| |
2012 |
2011 |
| Support and revenue |
|
|
| General fees and contributions |
$1,728,245 |
$1,703,770 |
| Contributed goods, services and property |
221,981 |
282,034 |
| Grants and foundations |
368,218 |
156,180 |
| Interest income |
9,101 |
6,225 |
| Investment gains (losses) |
68,014 |
251,828 |
| Other income |
4,932 |
-- |
| Net assets released from restrictions |
-- |
-- |
| Total support and revenue |
2,400,491 |
2,400,037 |
| |
|
|
| Expenses |
|
|
| Training program |
2,138,206 |
2,109,011 |
| Management and general |
199,246 |
173,717 |
| Fundraising |
173,940 |
136,582 |
| |
|
|
| Total expenses |
2,511,392 |
2,419,310 |
| |
|
|
| Change in net assets |
(110,901) |
(19,273) |
| |
|
|
| Net assets, beginning of year |
4,677,992 |
4,697,265 |
| |
|
|
| Net assets, end of year |
4,567,091 |
4,677,992 |