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HomeMy WebLinkAbout2004 & 2005 4th Quarter "-" .. NORTH FORK ANIMAL WELFARE LEAGUE FINANCIAL STATEMENT FOR THE 4TH QTR ENDED 12/31/05 & 12/31/04 -:'J ~;/b? RECEIV.::O MAR r "0 ..~ ,) ':',i SOl,\\,(,;d T(,.. n Uerk JOSEPH W. IRWIN, CPA 6 Sterlington Commons Greenport, NY I/944 (631) 477-30I/ (631) 477-9533 (fax) March I, 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 December 31,2005 and 2006 and the related statements of activities for 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 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. -ti AJ. Joseph W. Irwi . --... " N F ANIMAL WELFARE LEAGUE INC COMPARATIVE BALANCE SHEET DEC. 31, 2005 ASSETS Cash-SCNB General Checking UBS Financial Services NFB&T-Savings Petty Cash/General Security Deposits Prepaid Insurance Loans & Exchanges $ TOTAL ASSETS LIABILITIES Accounts Payable Deferred Income Other Taxes Payable State W/H Tax Payable TOTAL LIABILITIES FUND BALANCES Fund Balance League TOTAL FUND BALANCES TOTAL LIABILITIES & EQUITY 54,678 397,598 5,464 230 600 6,036 192 464,798 5,796 14,061 130 283 20,270 444,524 444,524 464,794 EXHIBIT A PAGE 1 DEC. 31, 2004 $ 29,241 404,058 5,442 230 600 3,747 o 443,318 18,333 13,520 468 303 32,624 410,694 410,694 443,318 REVENUES Dues Shelter Donations Bequests Trust Fund Interest Income Accrued Interest Paid Dividend Income Net Capital Gain (Loss) Fund Raising Events Dogs Dogs S-N Cats Cats S-N Memorials Guardian Angels Rabies Clinic Sponsorship Income Town Contract Income Katrina Relief Total Revenues 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 N F ANIMAL WELFARE LEAGUE INC COMPARATIVE INCOME STATEMENT FOR THE PERIODS EXHIBIT B PAGE 1 JAN. 1, 2005 TO DEC. 31, 2005 JAN. 1, 2004 TO DEC. 31, 2004 $ $ 6,260 69,831 20,500 14,544 9,367 o 5,005 909 39,521 o 450 811 907 6,135 o 214 o 162,240 2,825 7,380 57,439 o 14,282 11,397 52) 4,609 1,839 42,456 750 614 1,980 1,152 3,013 1,150 734 120 156,000 o 339,519 304,863 137,595 12,484 18,173 17,735 14,177 671 1,460 1,044 4,028 541 2,511 6,888 4,503 21,242 6,700 156 2,265 2,908 1,531 143,009 14,419 10,799 22,137 11,545 2,682 2,210 952 3,341 3,941 2,677 7,139 5,383 66,914 6,000 178 1,784 2,461 2,236 " ',' N F ANIMAL WELFARE LEAGUE INC COMPARATIVE INCOME STATEMENT FOR THE PERIODS EXHIBIT B PAGE 2 Education Expenses Accounting Cat Medical & Veternarian Cat Food Fund Raising Expenses JAN. 1, 2005 TO DEC. 31, 2005 $ 477 2,000 15,611 5,931 25,057 JAN. 1, 2004 TO DEC. 31, 2004 $ 3,271 2,000 18,491 4,880 23,713 TOTAL EXPENSES 305,688 362,162 Net Profit (Loss) 33,831 57,299)