HomeMy WebLinkAbout03/2012 & 2011 RECEIVED
APfl 2 7 2012
Southold Town Cle. rk
NORTH FORK ANIMAL 'WELFARE LEAGUE INC
FINANCIAL STATEMENTS
MARCH 31, 2012 & 2011
IRWIN & ODELL, CPAs LLC
6 Sterlington Commons
Greenport, iVY 11944
(631) 47;7-3011
(631) 477-9.533 (Fax)
April 25, 2012
Board of Directors
North Fork Animal Welfare League Inc.
Southold, NY 11971
We have compiled the accompanying Statement of Financial Position of North Fork
Animal Welfare League Inc. as of March 31, 2012 & 2011 and the related Statement of
Activities for the three 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 Organizations 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
11:18AM
04126112
Accrual Basis
NORTH FORK ANIMAL WELFARE LEAGUE INC
Balance Sheet
· As of March 31, 2012
Mar $t, 12 Mar 31, 11
ASSETS
Current Assets
Checking/Savings
1010 ' Cash-SCNB General Checking
10t5. Capital One Checking
10t7 - SCNB Money Market
1018 · Petty Cash
Total Checking/Savings
48,845.51 23,621.78
3,654.88 9,475.09
0.00 10,017.71
230.00 230.00
52,73C,.39 43,344.58
Other Current Assets
1020. Wells Fargo-Regular
t030 · Wells Fargo-Restricted
1090. Security Deposits
1095. Prepaid Insurance
Total Other Current Assets
Total Current Assets
TOTAL ASSETS
490,257.95 486,569.30
320,650.25 305,645.90
15,000.00 5,000.00
2, t 92.67 3,053.27,
828,100.87, 800,268.47.
880,831.26,. 843,613.05
880,83t.26 843,613.05.
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
2008 · Accounts Payable
2010 · Accounts Payable - EEVESC
Total Accounts Payable
9,043.83 14,399.64
7,814.45,, 0.00
16,858.28 14,399.64
Other Current Liabilities
2050 · FICA/FW'r Payable
2060. sWT Payable
2070 ' Other Payroll Taxes Payable
Total Other Current Liabilities
Total Current Liabilities
Total Liabilities
0.00 561.77
0.00 1,679.66
677.25 475.19
677.25 2,716.62,
17,535.53 17,116.26
Equity
3000' Fund Balance League
3200-Fund Balance Restr[cted*Troxel
Total Equity
TOTAL LIABILITIES & EQUITY
542,645.48 520,850.89
320,650.23, 305,645.90.
863,295.71. 826,496.79,,
843,6t3.05
88._~0.,83~.24
Page I of I
11:51 AM
04/26112
Accrual Basis
income
4014 - Shelter Donations
4019. Interest Income
4021 · Accrued Interest Paid
4022 ' Dividend Income
4023 - Net Gain(Loss) Stock Sales
4024 · Fundraising income
4026 · Dogs
4030 · Dogs-Spayed & Neutered
4032 · Cats
4034 · Cats-Spayed 8, Neutered
4036 · Memorials
4038 · Guardian Angels
4040 · Rabies Clinic
4100 · Town income
4280 · Miscellaneous income
Total income
Expense
5000 - Salaries
50t0 - Payroll Taxes
5012 · Employee Benefits
5014 · Kennel Supplies
60t6 · Dog Veterinarian Fees
5018 · Repairs & Maintenance
5020, Auto Expense
5024 * Telephone
5028 · Office Expenses
5030 - insurance
5034 - Legal Fees
5036 - Bookkeeping
5038 - Cat Medical & Supplies
5039 - Cat Food
5040 - Feral Cat Program
, 5044 - Garbage
5046 - Fundrsising Expenses
5047. Credit Card Fees
5048. Bank/Investment Fees
5050 · Mailings/Web Site
5052 · Education
5070 - Miscellaneous Expenses
Total Expense
Net Income
NORTH FORK ANIMAL WELFARE LEAGUE INC
Profit & Loss
January through March 20~12
Restricted-Troxel
Jan - Mar 12 Jan - Mar 11
Unrestricted
Jan - Mar 12 Jan - Mar 1 t
TOTAL
Jan - Mar 12 Jan - Mar 11
0.00 0.00 19,021.92 ]4,988.07 19,021.92 14,988.07
2,971.37 3,799.73 3,426.18 3,873.38 6,397.55 7,673.11
0.00 -96.88 0.00 0.00 0.00 -96.88
0.00 58.81 560.08 445.16 560.08 503.97
3,589.39 -88.24 287.21 0.00 3,876.60 -88.24
0.00 0.00 6,220.00 0.00 6,220.00 0.00
0.00 0.00 0.00 1,000.00 0.00 1,000.00
0.00 0.00 800.00 115.00 800.00 115.00
0.00 0.00 195.00 0.00 195.00 0.00
0.00 0.00 370.00 75.00 370.00 75.00
0.00 0100 2,000.00 250.00 2,000.00 250.00
0.00 0.00 0.00 100.00 0.00 100.00
0.00 0.00 84.00 28.00 84.00 28.00
0.00 0.00 51,249.99 49,347.49 51,249.99 49,347.49
0.00 0.00 3.00 95.00 3.00 95.00
6,560.76 3,673.42 84,217.38 70,317.10
90,778.14 73,990.52
0.00 0.00 51,462.84 46,374.18 51,462.84 46,374.18
^ ^^ ~ ~ ~ 74? 'Ta 4,773.31 5,747.79
0.00 u.uu ...... 31 ~,. .....
0.00 0.00 8,310.00 5,968.68 8,310.00 5,968.68
0.00 0.00 4,060.64 7,741.18 4,060.64 7,741.18
0.00 0.00 6,427.37 3,351.70 6,427.37 3,351.70
0.00 0.00 390.00 383.90 390.00 383.90
0.00 0.00 735.73 641.10 735.73 641.10
0.00 0.00 1,011.34 853.90 1,011.34 853.90
0.00 0.00 828.64 1,030.63 828.64 1,030.63
0.00 0.00 3,000.00 3,000.00 3,000.00 3,000.00
0.00 0.00 0.00 18,578.56 0.00 18,578.56
0.00 0.00 1,950.00 1,950.00 1,950.00 1,950.00
0.00 0.00 3,283.26 3,011.86 3,283.26 3,011.86
0.00 0.00 2,841.12 1,132.57 2,841.12 1,132.57
0.00 0.00 2,702.55 0.00 2,702.55 0.00
0.00 0.00 586.50 586.50 586.50 586.50
0.00 0.00 1,746.64 204.50 1,746.64 204.50
0.00 0.00 171.58 91.95 171.58 91.95
0.00 0.00 0.00 147.12 1.00 147.12
0.00 0.00 0.00 88.00 0.00 88.00
0.00 0.00 150.00 1,550.00 150.00 1,550.00
0.00 0.00 237.48 131.44 237.48 131.44
0.00 0.00 94,669.00 102,565.56 94,669.00 102,565.56
6,560.76 3,673.42 -10,45~ .62 ~32,248.46 -3,890.86 -28,575.04
Page 1