HomeMy WebLinkAbout2005 & 2006 1st Quarter
r .
J.-I
RECEIVED
MAY 1 6 2006
Southord Town Clerk
NORTH FORK ANIMAL WELFARE LEAGUE. INC
FINANCIAL STATEMENTS
FOR THE 1ST OTR ENDED 03/31/06 & 03/31/05
,
"
,
Joseph W. Irwin, CPA
6 Sterlington Commons
Greenport, NY 11944
(631)-477-3011
(631)-477-9533(fax)
May 12, 2006
North Fork Animal Welfare League, Inc.
P.O. Box 297
Southold, NY 11971
ACCOUNTANT'S REPORT
We have compiled the accompanying statement of financial position of North Fork
Animal Welfare League, Inc. (a Non-Profit Corporation) as of March 31, 2006 and 2005
and the related statements of activities for the 1st Quarter 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 and statement of cash
flows required by generally accepted accounting principles. If the omitted disclosures
and statements were included in the financial statements, they might influence the user's
conclusions, about the company's financial position, results of operations, and cash
flows. Accordingly, these financial statements are not designed for those who are not
informed about such matters.
~!w.
Joseph W. Irwin, CPA
,
N F ANIMAL WELFARE LEAGUE INC
COMPARATIVE BALANCE SHEET
ASSETS
Cash-SCNB General Checking
UBS Financial Services
NFB&T-Savings
Petty Cash/General
Security Deposits
Prepaid Insurance
Loans & Exchanges
$
MAR. 31, 2006
TOTAL ASSETS
LIABILITIES
Accounts Payable
Deferred Income
Other Taxes Payable
State W/H Tax Payable
Disability Withheld
TOTAL LIABILITIES
FUND BALANCES
Fund Balance League
Fund Balance Restr. Town
TOTAL FUND BALANCES
TOTAL LIABILITIES & EQUITY
30,020
401,407
5,469
230
600
4,286
680
442,692
9,351
o
623
291
74
10,339
432,353
o
432,353
442,692
EXHIBIT A
PAGE 1
MAR. 31, 2005
$
11,603
407,359
5/457
230
600
.2,043
654
427,946
8,200
13,520
902
192
43
22,857
401,686
3,399
405,085
427,942
,
N F ANIMAL WELFARE LEAGUE INC
COMPARATIVE INCOME STATEMENT
FOR THE PERIODS
EXHIBIT B
PAGE .1
JAN. 1, 2006
TO
MAR. 31, 2006
JAN. 1, 2005
TO
MAR. 31, 2005
REVENUES
Dues
Shelter Donations
Interest Income
Dividend Income
Net Capital Gain (Loss)
Dogs S-N
Cats
Cats S-N
Memorials
Rabies Clinic
Town Contract Income
$
o
15,690
1,419
2,395
o
185
o
436
575
114
42,183
$
15
12,591
1,844
837
634
o
144
95
2,510
48
40,560
Total Revenues
62,997
59,278
EXPENSES
Salaries
Payroll Taxes
Employee Benefits
Kennel Supplies
Veternarian Fees
Repairs & Maintenance
Auto Expense
Travel Expenses
Telephone
Utilities
Office Expense
Insurance
Advertising
Professional Fees
Bookkeeping
Bank Charges
Miscellaneous
Garbage
Postage
Education Expenses
Cat Medical & Veternarian
Cat Food
Fund Raising Expenses
34,781
4,197
4,697
7,133
3,418
o
728
914
721
682
1,428
1,750
391
3,010
1,800
60
196
672
28
2,028
3,897
2,639
o
29,447
3,157
4,301
6,450
4,010
614
224
o
905
122
987
2,100
1,126
3,120
1,500
60
443
896
176
64
3,490
1,674
23
TOTAL EXPENSES
$
75,170
$
64,889
Net Profit (Loss)
12,173)
5,611)