HomeMy WebLinkAbout2004 & 2005 1st Quarter
NORTH FORK ANIMAL WELFARE LEAGUE
FINANCIAL STATEMENT
FOR THE 1ST QTR ENDED 03/31/05 & 03/31/04
I-7
5 -:/t.{ -oS-
JOSEPH W. IRWIN, CPA
6 Sterlington Commons
Greenport, NY 11944
(631) 477-3011
(631) 477-9533 (fax)
May 11,2005
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, 2005 and 2004
and the related statements of activities for the 1st Qtr. 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.
t:/:i~
N F ANIMAL WELFARE LEAGUE INC
COMPARATIVE BALANCE SHEET
MAR. 31, 2005
ASSETS
Cash-SCNE General Checking
Paine Webber General Trust
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
Disability Withheld
TOTAL LIABILITIES
FUND BALANCES
Fund Balance League
TOTAL FUND BALANCES
TOTAL LIABILITIES & EQUITY
11,603
407,359
5,457
230
600
2,043
654
427,946
8,200
13, 520
902
192
43
22,857
405,085
405,085
427,942
EXHIBIT A
PAGE 1
MAR. 31, 2004
$
23,962
439,316
5,473
230
600
1,584
o
471,165
7,601
12,500
1,432
207
47
21,787
449,376
449,376
471,163
N F ANIMAL WELFARE LEAGUE INC
COMPARATIVE INCOME STATEMENT
FOR THE PERIODS
EXHIBIT B
PAGE 1
JAN. 1, 2005
TO
MAR. 31, 2005
JAN. 1, 2004
TO
MAR. 31, 2004
REVENUES
Dues
Shelter Donations
Interest Income
Dividend Income
Net Capital Gain (Loss)
Dogs S-N
Cats
Cats S-N
Memorials
Guardian Angels
Rabies Clinic
Town Contract Income
$
15
12,591
1,844
837
634
o
144
95
2,510
o
48
40,560
$
120
11,658
2,317
766
o
150
420
295
175
75
191
37,500
Total Revenues
59,278
53,667
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
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
34,025
4,000
2,239
3,378
3,559
613
635
272
792
1,696
762
1,800
1,108
9,273
1,500
60
113
391
o
1,606
3,228
1,233
o
TOTAL EXPENSES
$
64,889
$
72,283
Net Profit(Loss)
5,611)
18,616)