Financial Statements

REVENUE, GAINS AND OTHER SUPPORT

2005

2006

2007

2008

Grants and Contributions

$       424,363

$       508,299

$       771,757

$      797,796

Donated services and facilities

$         59,802

$         40,252

$         85,439

$        14,800

Benefit income less direct expenses

$         62,260

$         89,301

$       112,012

$       128,085

Program loan interest and fees

$         18,593

$         28,284

$         35,842

$         34,213

Interest and other income

$           7,540

$           7,612

$           6,468

$           15,678

TOTAL REVENUE, GAINS AND OTHER SUPPORT

$       572,558

$       673,748

$   1,011,518

$           990,572

EXPENSES

Program Services

$       495,599

$       603,113

$       679,285

$        737,307

Supporting Services

Management & General

$       160,611

$       139,370

$       139,845

$       143,343

Fundraising

$       100,790

$         64,478

$       103,664

$       153,789

TOTAL EXPENSES

$       757,000

$       806,961

$       922,794

$       1,034,439

CHANGE IN NET ASSETS

Increase (decrease) in net assets

$     (184,422)

$     (133,213)

$         88,724

$         (61,879)

Unrestricted

$     (144,646)

$       (82,767)

$         40,411

$       137, 660)

Temporarily Restricted

$       (39,796)

$       (50,445)

$         48,313

$         75,781

Net assets, beginning of year

$     (547,659)

$       363,217

$       230,004

$       318,728

NET ASSETS, END OF YEAR

$     (732,081)

$       230,004

$       318,728

$       256,849