 STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2009 |
REVENUES |
2008 |
2009 |
|
Donations
Canadian charities
Goods and Services Tax Rebates
Net fund raising activities
Loss on sale of investments
Interest
Proceeds on sale of land
Loss of disposal of assets
Foreign exchange (loss) gain
|
$ 1,146,065
113,854
-
31,176
(6,588)
8,674
-
-
1,399
1,294,580 |
$1,198,713
50,513
8,762
19,733
-
2,073
40,000
(2,507)
(1,286)
1,316,001 |
| EXPENDITURES |
|
Amortization
Automotive
Bank charges
Canada programs
Employee benefits
Insurance
Newsletters
Office
Professional fees
Project
Telephone
Training
Travel
Wages and contract services
|
$ 6,674
13,509
6,595
4,762
7,970
2,160
17,681
32,038
5,250
292,728
4,611
1,550
143,536
151,039
690,076 |
$11,809
15,109
6,332
459
10,262
2,160
15,982
44,257
3,865
166,184
4,467
1,065
172,242
152,541
606,725 |
SURPLUS BEFORE TANSFERSTRANSFERS TO FOREIGN ORGANIZATIONS NET (DEFICIT) SURPLUS FOR THE YEAR |
$604,504676,695 $(72,191) |
$709,276741,522 $(32,246)
|
|
Fred Cappuccino's note on the Financial Statement above: The item for travel, $172,242 is not Child Haven money.
This is monies paid by volunteer Interns for their own travel. It is processed through Child Haven so they can receive a tax receipt.
Three of Bonnie's four trips are paid by friends. One of her trips is paid by Child Haven.
Please note also that office costs for our U.S. funds (below) are zero, because it is all done in Maxville.
|
|
