HomeMy WebLinkAbout03/31/2007 & 2006
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RECEIV;:O
MAY 2 3 2007
Soutlluld Tr;wn Cl9rk
NORTH FORK ANIMAL WELFARE LEAGUE.
FINANCIAL STATEMENTS
MARCH 31, 2007 & 2006
IRWIN & ODELL, CP As LLC
6 Sterlington Commons
Greenport, NY 11944
(631) 477-3011
(631) 477-9533 (Fax)
,
May 18, 2007
North Fork Animal Welfare League Inc.
PO Box 297
Southold, NY. 11971
We have compiled the accompanying statement of financial position of North Fork
Animal Welfare League Inc, as of March 31, 2007 and 2006 and the related statements of
income the years then ended, in accordance with Statements on Standards for Accounting
and Review Services issued by the American Institute of Certified Public Accountants.
A compilation is limited to presenting in the form of financial statements information that
is the representation of management. We have not audited or reviewed the accompanying
financial statements and, accordingly, do not express an opinion or any other form of
assurance on them.
Management has elected to omit substantially all of the disclosures required by generally
accepted accounting principles. If the omitted disclosures were included in the financial
statements, they might influence the user's conclusions about the Company's financial
position, results of operations, and its cash flows. Accordingly, these financial statements
are not designed for those who are not informed about such matters.
JJ:;;l;;~
Irwin & Odell, CP As LLC
,
NORTH FORK ANrMAL WELFARE LBAGUE
COMPARATrVE BALANCB SHBBT
Assets
Cash-SCNB General Checking
USS Financial Services-Regular
USS Financial Services-Restricted
Nl"B&T-Savings
Petty Cash
Security Deposits
Prepaid rnsurance
Loans & Exchanges
MAR. 31, 2007
$
58,836
401,391
273,866
5,497
230
o
4,305
o
---------------
TOTAL ASSBTS
744,125
---------------
LrABrLrTrBS
Accounts Payable
sm Payable
Payroll Taxes Payable
Disability Withheld
13,206
569
1,633
o
---------------
TOTAL LrABrLrTrBS
15,408
Fund Balance League
l"und Balance Restricted
454,851
273,866
---------------
TOTAL PUND BALANCB
728,717
TOTAL LrABrLrTrBS & BQUrTY
744,125
---------------
BXHrBrT A
PAGB 1
MAR. 31, 2006
$
30,020
401,407
o
5,469
230
600
4,286
680
---------------
442,692
---------------
9,351
291
623
74
---------------
10,339
432,353
o
---------------
432,353
442,692
---------------
NORTH PORK ANIMAL WllLPARE LEAGUE
COMPARATIVIl INCOME STATEMENT
POR THE PERIODS
JAN. 1, 2007
TO
MAR. 31, 2007
REV1!NOI!:S
Donations
Interest Income
Accrued Interest Paid
Dividend Income
Net Capital Gains(Losses)
I!'undraising Events
Dogs SoN
Cats S-N
Memorials
Rabies Clinic
Town Contract
Miscellaneous Income
$
32,185
5,374
62)
1,832
5,149
6,34.0
140
265
3,985
109
43,870
247
TOTAL REVIlNUES
99,434
EXPENSES.
Salaries
Payroll Taxes
Employee Benefits
Kennel Supplies
Dog Vetemarian
Repairs & Maintenance
Auto Expense
Travel Expense
Telephone
Utilities
Office Expenses
rnsurance
Advertising
Liscenses & Fees
Professional Pees
BOOkkeeping Pees
Bank Charges
Miscellaneous Expenses
Garbage Removal
Postage/Mailings
Education & Training
Cat Vetemarian
Cat Pood
Pundraising Expenses
42,833
4,088
5,646
6,091
7,713
14
474
o
'738
172
1,196
3,000
o
4
2,390
1,800
39
224
702
1,338
40
4,827
2,356
2,552
TOTAL EXPENSES
$
88,237
NET PROPIT (LOSS)
11,197
EXHIBIT B
PAGE 1
'.
JAN. 1, 2006
TO
MAR. 31, 2006
$
15,690
1,419
o
2,395
o
o
185
436
575
114
42,183
o
62,997
34,781
4,197
4,697
7,133
3,418
o
728
914
721
682
1,426
1,750
231
160
3,010
1,800
60
196
672
28
2,028
3,897
2,639
o
$
75,168
12,171)
....-------------
NORTH FORK ANJ:MAL WELFARB LBAGUB
COMPARATJ:VB DBPARTMBNTAL J:NCOMB STATBMBNT
UNRBSTRJ:CTBD
FOR THB PBRJ:ODS
JAN. 1, 2007
TO
MAR. 31, 2007
RBVBNUBS
Donations
Interest Income
Accrued J:nterest Paid
Dividend Income
Net Capital Gains(Losses)
Fundraising Bvents
Dogs S-N
Cats S-N
Memorials
Rabies Clinic
Town Contract
~scellaneous Income
$
32,185.20
2,196.72
61.64)
1,832.11
5,037.00
6,340.00
14 0.00
265.00
3,985.00
109.00
43,869.75
247.00
TOTAL RBVBNUBS
96,145.14
BXPBNSBS
Salaries
Payroll Taxes
Employee Benefits
Kennel Supplies
Dog Veternarian
Repairs & Maintenance
Auto Expense
Travel Expense
Telephone
Utilities
Office Expenses
Insurance
Advertising
Liscens8s & Fees
Professional Fees
Bookkeeping Fees
Bank Charges
Miscellaneous Expenses
Garbage Removal
Postage/Mailings
Bducation & Training
Cat Veternarian
Cat Food
Fundraising Expenses
42,832.98
4,087.53
5,645.76
6,091.16
7,712.89
13.95
474.26
.00
738.35
171.88
1,198.98
3,000.00
.00
3.75
2,389.75
1,800.00
38.50
223.68
701.50
1,338.25
40.00
4,826.69
2,355.95
2,552.00
TOTAL EXPENSBS
$
88,237.81
NET PROFIT (LOSS)
7,907.33
PAGB 1
JAN. 1, 2006
TO
MAR. 31, 2006
$
15,690.01
1,419.15
.00
2,394.66
.00
.00
185.00
435.70
575.00
114.00
42,182.52
.00
62,996.04
34,780.92
4,197.24
4,696.74
7,13i.90
3,417.73
.00
728.22
913.50
720.63
681.57
1,427.66
1,750.00
231.00
160.00
3,009.81
1,800.00
59.74
196.34
671.50
28.00
2,028.08
3,896.63
2,639.09
.00
$
75,167.30
12,171.26)
NORTH 1"0RK ANIMAL WELl"ARE LEAGUE
COMPARATIVE DEPARTMENTAL INCOME STATIlMBNT
RESTRICTED
1"0R THE PERIODS
REVBNUBS
Interest Income
Net Capital Gains(Losses)
TOTAL RBVBNUES
EXPENSES
TOTAL EXPENSES
NET PROl"IT (LOSS)
PAGE 1
JAN. 1, 2007
TO
MAR. 31, 2007
JAN. 1, 2006
TO
MAR. 31, 2006
$
3,177.21
112.00
$
.00
.00
3,289.21
.00
.00
.00
3,289.21
.00