The URL can be used to link to this page

Home My WebLink About09/30/2009RECEIVED NOV - 4 2009 Southold Town Clerk NORTH FORK ANIMAL WELFARE LEAGUE FINANCIAL STATEMENTS SEPTEMBER 30, 2009 IRWIN & ODELL, CPAs LLC 6 Sterlington Commons Greenport, NY 11944 (63I) 477-3011 (631) 477-9533 (Fax) October 27, 2009 Board of Directors North Fork Animal Welfare League Inc Southold, NY 11971 We have compiled the accompanying Statement of Financial Position - income tax basis of North Fork Animal Welfare League Inc. as of September 30, 2009 and the related Statement of Activities - income tax basis for the 9 months then ended, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. The financial statements have been prepared on the accounting basis used by the Company for Federal income tax purposes, which is a comprehensive basis of accounting other than generally accepted accounting principles. 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. Partner, Irwin & Odell, CPAs LLC NORTH FORK ANIMAL WELFARE LEAGUE EXHIBIT A COMPARATIVE BALANCE SHEET PAGE 1 Assets Cash-SCNB General Checking Wells Fargo Securities - Regular Wells Fargo Securities - Restricted CAP ONE-CD Petty Cash Security Deposits Prepaid Insurance TOTAL ASSETS SEP. 30, 2009 SEP. 30, 2008 $ 45,088 $ 41,127 439,865 425,481 290,617 290,349 6,021 5,934 230 230 5,000 0 6,556 6,678 793,377 769,799 LIABILITIES Accounts Payable Deferred Income FICA/FWT Payable SWT Payable Payroll Taxes Payable Disability Withheld TOTAL LIABILITIES 12,653 15,817 4,118 589 353 9,621 0 3,804 698 579 0 33,529 14,702 Fund Balance League Fund Balance Restricted TOTAL FUND BALANCE 469,229 464,748 290,617 290,349 759,846 755,097 TOTAL LIABILITIES & EQUITY 793,375 769,799 NORTH FORK ANIMAL WELFARE LEAGUE COMPARATIVE INCOME STATEMENT FOR THE PERIODS EXHIBIT B PAGE 1 JAN. 1, 2009 TO SEP. 30, 2009 JAN. 1, 2008 TO SEP. 30, 2008 REVENUES Donations Bequests Trust Fund Income Interest 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 $ 48,680 0 19,013 7,899 731) 7,134 18,446) 30,106 1,105 20 270 3,690 550 669 140,524 1,412 241,895 $ 60,795 5,000 5,367 13,497 59) 7,891 3,988) 28,380 615 345 433 6,334 169 526 135,119 1,722 262,146 EXPENSES Salaries Payroll Taxes Employee Benefits Kennel Supplies Dog Veternarian Repairs & Maintenance Auto Expense Telephone Utilities Office Expenses Insurance Advertising Liscenses & Fees Professional Fees Accountin9 Fees Bookkeeping Fees Bank/Investment Fees Miscellaneous Expenses Garbage Removal Postage/Mailings Education & Training Cat Veternarian 138,278 12,694 13,723 22,561 10,506 2,032 1,882 2,115 283 7,943 10,000 453 125 1,627 2,250 5,400 338 1,097 2,200 372 505 7,786 130,224 12,292 13,757 16,187 13,138 1,121 3,178 2,852 664 2,047 9,000 767 713 15,112 2,000 5,400 233 1,539 1,910 1,721 28 7,222 NORTH FORK ANIMAL WELFARE LEAGUE COMPARATIVE INCOME STATEMENT FOR THE PERIODS EXHIBIT B PAGE 2 JAN. 1, 2009 TO SEP. 30, 2009 JAN. 1, 2008 TO SEP. 30, 2008 Cat Food Fundraising Expenses $ 9,158 $ 4,421 10,123 4,475 TOTAL EXPENSES 263,451 250,001 NET PROFIT (LOSS) ( 21,556) 12,145 NORTH FORK ANIMAL WELFARE LEAGUE COMPARATIVE DEPARTMENTAL INCOME STATEMENT UNRESTRICTED FOR THE PERIODS PAGE 1 JAN. 1, 2009 TO SEP. 30, 2009 JAN. 1, 2008 TO SEP. 30, 2008 REVENUES Donations Bequests Trust Fund Income Interest 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 $ 48,680 0 19,013 7,205 7) 7,134 19,023) 30,106 1,105 20 270 3,690 550 669 140,524 1,412 241,348 $ 60,795 5,000 5,367 7,407 59) 7,891 4,017) 28,380 615 345 433 6,334 169 526 135,119 1,722 256,027 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 138,278 12 694 13 723 22 561 10 506 2 032 1 882 2 115 283 7,943 10,000 453 125 1,627 2,250 5,400 188 1,097 2,200 372 505 130,224 12,292 13,757 16,187 13,138 1,121 3,178 2,852 664 2,047 9,000 767 713 15,112 2,000 5,400 83 1,539 1,910 1,721 28 NORTH FORK ANIMAL WELFARE LEAGUE COMPARATIVE DEPARTMENTAL INCOME STATEMENT UNRESTRICTED FOR THE PERIODS PAGE 2 JAN. 1, 2009 TO SEP. 30, 2009 JAN. 1, 2008 TO SEP. 30, 2008 Cat Veternarian Cat Food Fundraising Expenses TOTAL EXPENSES $ 7,786 $ 7,222 9,158 4,421 10,123 4,475 263,301 249,851 NET PROFIT (LOSS) ( 21,953} 6,176 NORTH FORK ANIMAL WELFARE LEAGUE COMPARATIVE DEPARTMENTAL INCOME STATEMENT RESTRICTED FOR THE PERIODS PAGE 1 JAN. 1, 2009 TO SEP. 30, 2009 JAN. 1, 2008 TO SEP. 30, 2008 REVENUES Interest Income Accrued Interest Paid Net Capital Gains(Losses) TOTAL REVENUES EXPENSES Bank/Investment Fees TOTAL EXPENSES $ 695 $ 6,090 ( 724) 0 577 29 548 150 150 6,119 150 150 NET PROFIT (LOSS) 398 5,969