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HomeMy WebLinkAbout06/30/2009 RECEIVED JUL 2 3 ~09 NORTH FORK ANIMAL WELFARE LEAGUE FINANCIAL STATEMENTS JUNE30,2009 IRWIN & ODELL, CPAs LLC 6 Sterlington Commons Greenport, NY 11944 (63]) 477-3011 (631) 477-9533 (Fax) July 22, 2009 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, for the years ended June 30, 2009 and 2008 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 f'mancial statements, they might influence the user's conclusions about the Company's financial position, results of operations, and its cash flows. Accordingly, these fmancial statements are not designed for those who are not informed about such matters. Joseph. Irw/j~, CPA/ Irwin & Odell, CPAs LLC NORTH FORK ANIMAL WELFARE LEAGUE EXHIBIT A COMPARATIVE BALANCE SHEET PAGE 1 Assets Cash-SCNB General Checking UBS Financial Services-Regular UBS Financial Services-Restricted CAP ONE-CD Petty Cash Security Deposits Prepaid Insurance JUNE 30, 2009 JUNE 30, 2008 $ 38,714 $ 43,115 435,388 420,439 291,134 288,648 5,996 5,884 230 230 5,000 0 10,118 8,852 LIABILITIES Accounts Payable Deferred Income SWT Payable Payroll Taxes Payable Disability Withheld TOTAL LIABILITIES 10,401 11,224 15,817 15,208 691 667 499 707 o ( 1) 27,408 27,805 Fund Balance League Fund Balance Restricted TOTAL FUND BALANCE 468,038 450,715 291,134 288,648 759,172 739,363 TOTAL LIABILITIES & EQUITY 786,580 767,168 NORTH FORK ANIMAL WELFARE LEAGUE COMPARATIVE INCOME STATEMENT FOR THE PERIODS EXHIBIT B PAGE 1 JAN. 1, 2009 TO JUNE 30, 2009 JAN. 1, 2008 TO JUNE 30, 2008 REVENUES Donations Trust Fund Income Interest Income Dividend Income Net Capital Gains(Losses) Fundraising Events Dogs S-N Cats Cats S-N Memorials Guardian Angels Rabies Clinic Town Contract Miscellaneous Income TOTAL REVENUES $ 27,533 19,013 5,427 4,629 18,523) 15,348 935 20 270 2,130 200 359 93,074 194 150,602 $ 35,979 4,552 9,439 5,166 3,999) 10,890 275 345 313 1,884 0 263 89,494 490 155,032 EXPENSES Salaries Payroll Taxes Employee Benefits Kennel Supplies Dog Veternarian Repairs & Maintenance Auto Expense Telephone Utilities Office Expenses Insurance Advertising Liscenses & Fees Professional Fees Accounting Fees Bookkeeping Fees Bank/Investment Fees Miscellaneous Expenses Garbage Removal Postage/Mailings Education & Training Cat Veternarian Cat Food 88,170 9,133 6,945 15,289 5,331 1,315 793 1,759 328 5,598 6,500 453 125 1,032 2,250 3,600 38 342 1,584 3O6 505 5,121 6,543 82,570 8,108 9,342 10,133 6,842 1,121 2,054 1,699 489 1,130 7,000 526 713 5,575 2,000 3,600 212 704 1,078 1,721 28 4,519 2,982 NORTH FORK ANIMAL WELFARE LEAGUE COMPARATIVE INCOME STATEMENT FOR THE PERIODS EXHIBIT B PAGE 2 JAN. 1, 2009 TO JUNE 30, 2009 JAN. 1, 2008 TO JUNE 30, 2008 Fundraising Expenses TOTAL EXPENSES $ 9,772 $ 4,475 172,832 158,621 NET PROFIT (LOSS) ( 22,230) ( 3,589) NORTH FORK ANIMAL WELFARE ZEAGUE COMPARATIVE DEPARTMENTAL INCOME STATEMENT UNRESTRICTED FOR THE PERIODS PAGE 1 JAN. 1, 2009 TO JUNE 30, 2009 JAN. 1, 2008 TO JUNE 30, 2008 REVENUES Donations Trust Fund Income Accrued Interest Paid Dividend Income Net Capital Gains (Losses) Fundraising Events Dogs S-N Cats Cats S-N Memorials Guardian Angels Rabies Clinic Town Contract Miscellaneous Income TOTAL REVENUES 27,533 19,013 7) 4,629 19,023) 15,348 935 2O 270 2,130 20O 359 93,074 194 149,734 $ 35,979 4,552 59) 5,166 4,017) 10,890 275 345 313 1,884 0 263 89,494 490 150,614 EXPENSES Salaries Payroll Taxes Employee Benefits Kennel Supplies Dog Veternarian Repairs & Maintenance Auto Expense Telephone Utilities Office Expenses Insurance Advertising Liscenses & Fees Professional Fees Accounting Fees Bookkeeping Fees Bank/Investment Fees Miscellaneous Expenses Garbage Removal Postage/Mailings Education & Training Cat Veternarian 88,170 9,133 6,945 15,289 5,331 1,315 793 1,759 328 5,600 6,500 453 125 1,032 2,250 3,600 38 342 1,584 306 505 5,121 82,570 8,108 9,342 10,133 6,842 1,121 2,054 1,699 489 1,131 7,000 526 713 5,575 2,000 3,600 62 704 1,078 1,721 28 4,519 NORTH FORK ANIMAL WELFARE LEAGUE COMPARATIVE DEPARTMENTAL INCOME STATEMENT UNRESTRICTED FOR THE PERIODS PAGE 2 JAN. 1, 2009 TO JUNE 30, 2009 JAN. 1, 2008 TO JUNE 30, 2008 Cat Food Fundraising Expenses TOTAL EXPENSES $ 6,543 $ 2,982 9,772 4,475 172,834 158,472 NET PROFIT (LOSS) ( 23,100) ( 7,858) NORTH FORK ANIMAL WELFARE LEAGUE COMPARATIVE DEPARTMENTAL INCOME STATEMENT RESTRICTED FOR THE PERIODS PAGE 1 JAN. 1, 2009 TO JUNE 30, 2009 JAN. 1, 2008 TO JUNE 30, 2008 REVENUES Interest Income Net Capital Gains(Losses) TOTAL REVENUES EXPENSES Bank/Investment Fees TOTAL EXPENSES $ 368 $ 4,400 500 18 868 4,418 150 150 NET PROFIT (LOSS) 868 4,268