HomeMy WebLinkAbout09/2012 & 2011 RECEIVED
OCT 2 5 2012
Soulholrl Town rder[
NORTH FORK ANIMAL WELFARE LEAGUE INC
FINANCIAL STATEMENTS
SEPTEMBER 30, 2012 & 2011
IRWIN & ODELL, CPAs LLC
6 Sterlington Commons
Greenport, NYl1944
(631) 477-3011
(631) 477-9533 (Fax)
October 18, 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 for the nine months ended September 30, 2012 & 2011 and
the related Statement of Activities for the nine months then ended, in accordance with
Statements on Standards for Accounting and Review Services issued by the American
Institute of Certified Public Accountants. The f'mancial 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 inforrned about such matters.
Partner, Irwin & Odell, CPAs LLC
ASSETS
Current Assets
NORTH FORK ANIMAL WELFARE LEAGUE INC
Balance Sheet
As of September 30, 2012
Sep 30, 12 Sep 30, 11
Checking/Savings
1010 · Cash-SCNB General Checking
1015 · Capital One Checking
1018 · Petty Cash
Total Checking/Savings
68,076.89 52,769.80
4,731.43 1,072.74
230.00 230.00
73,038.32 54,072.54
Other Current Assets
1020 · Wells Fargo-Regular
1030 · Wells Fargo-Restrictad
t090 · Security Deposits
1095. Prepaid Insurance
1100 - Due From Restricted -Troxel
Total Other Current Assets
1,308,195.02 482,526.32
322,999,04 316,495.72
15,000.00 15,000.00
6,865.60 9,556.76
500.00 7,706.07
1,653,559.66 831,284.87
Total Current Assets
1,726,597.98 885,357.41
TOTAL ASSETS
1,726,597.98 885,387.41
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
2800. Accounts Payable
2010 · Accounts Payable - EEVESC
Total Accounts Payable
Other Current Liabilities
2070 · Other Payroll Taxes Payable
2095 · Due to Fund Balance League
Total Other Current Liabilities
Total Current Liabilities
Total Liabilities
Equi~
3000 · Fund Balance League
3200 · Fund Balance Restricted-Troxel
Total Equity
TOTAL LIABILITIES & EQUITY
7,064.04 6,241.11
41314.45 10,314.45
11,378.49 16,555.56
500.00
500.00
11,878.49
11,878.49
1,392,220.45
322,499.04
1,714,719.49
1,726,$97.98
303.20
7,706.07
8,009.27
24,564,83
24,564.83
561,674.95
293,396.88
855,071.83
879,636.66
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