HomeMy WebLinkAbout12/2012 & 2011RECEiVeD
JAN 2 8 ,2013
NORTH FORK ANIMAL WELFARE LEAGUE INC
FINANCIAL STATEMENTS
DECEMBER 31, 2012 & 2011
IRWIN & ODELL, CPAs LLC
6 Sterlington Commons
Greenport, NY 11944
(631) 477-~0~
(631) 477-9533 (Fax)
January 17, 2013
Board of Directors
North Fork Animal Welfare League Inc
Southold, NY 11971
We have compiled the accompanying Balance Sheet of North Fork Animal Welfare
League Inc. for the years ended December 31, 2012 & 2011 and the related Statement of
Profit & Loss for the years 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 cash 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.
10:44 AM
01/16/13
Accrual Basis
NORTH FORK ANIMAL WELFARE LEAGUE INC
Balance Sheet
As of December 31, 2012
Dec 31, 12 De~: 31, 11
ASSETS
Current Assets
Checking/Savings
t010. Cash-SCNB General Checking
1015 · Capital One Checking
1018 · Petty Cash
Total Checking/Savings
52,706.73 50,922.85
6,999.52 3,066.46
230.00 230.00
59,936.25 54,219.31
Other Current Assets
1020. Wells Fargo-Regular
1030 · Wells Fargo-Restricted
1090 ' Security Deposits
1095. Prepaid Insurance
1100' Due From Restricted-Troxel
Total Other Current Assets
1,311,798.78 485,984.48
323,003.89 321,795.56
15,000,00 15,000.00
5,664.63 6,535.79
1,450.00 7,706.07
1,656,917.30 837,021.90
Total Current Assets
1,716,853.55 891,241.21
TOTAL ASSETS
1,716,853.55 891,241.21
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
2000 · Accounts Payable
2010 - Accounts Payable - EEVESC
Total Accounts Payable
9,352.42 6,769.78
3,314.45 9,314.45
12,666.87 16,084.23
Other Current Liabilities
2070 · Other Payroll Taxes Payable '"'"" 0.00
2095 · Due to Fund Balance League 1,450.00
Total Other Current Liabilities 1,450.00
263.32
71706.07
7,969.39
Total Current Liabilities
14,116.87 24,053.62
Total Liabilities
14,116.87 24,053,62
Equity
3000. Fund Balance League
3200 · Fund Balance Restricted-Troxel
Total Equity
1,381,182.79 561,674.95
321,553.89 293,396,88
1,702,736.68 855,071.83
TOTAL LIABILITIES & EQUI~ . 1,716,853.55 879,125.45
Page 1 of 1
10:58 AM
01/16/13
Accrual Basis
NORTH FORK ANIMAL WELFARE LEAGUE INC
Profit & Loss
January through December 20'12
4014- Shelter Donations
4016. Bequests
4018 - Shannon Trust Fund Income
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 & Neutered
4036 - Memorials
4038 - Guardian Angels
4040 - Rabies Clinic
4100 · Town Income
4280 · Miscellaneous Income
Total Income
Expense
5000 · Salaries
5010 - Payroll Taxes
5012 · Employee Benefits
5014 · Kennel Supplies
5016 - Dog Veterinarian Fees
5017 - Parvo Puppy Treatment
5018 · Repairs & Maintenance
5020 · Auto Expense
5022. Travel Expense
5024. Telephone
5028 - Office Expenses
5030 - Insurance
5031 - Promotion
5032 · Advertising
5033 · Architectural Services
5034 · Legal Fees
5035 - Accounting Expense
5036 - Bookkeeping
5037 · Licenses & Permits
5038 - Cat Medicai & Supplies
5039 - Cat Food
5040 - Feral Cat Program
5044- Garbage
5046 · Fundraising Expenses
5047 - Credit Card Fees
Restricted-Troxel Unrestricted TOTAL
Jan - Dec 12 Jan - Dec 11 Jan - Dec 12 Jan - Dec 11 Jan - Dec 12 Jan - Dec 11
0.00 0.00 84,373.61 82,048.61 84,373.61 82,048.61
0.00 0.00 869,413~66 50,820.38 869,413.66 50,820.38
0.00 0.00 8,837.16 7,768.28 8,837.16 7,768.28
4,900.76 12,523.01 8,902.00 13,783.86 13,802.76 26,306.87
0.00 -52.35 0.00 -202.33 0.00 -254.68
0.00 58.81 6,905.04 2,483.50 6,905.04 2,542.31
4,013.64 7,293.61 10,007.26 7,674.14 14,020.90 14,967.75
0.00 0.00 62,571 ;00 29,488.00 62,571.00 29,488.00
0.00 0.00 0.00 1,000.00 0.00 1,000.00
0.00 0.00 1,450.00 1,420.00 1,450.00 1,420.00
0.00 0.00 195.00 10.00 195.00 10.00
0.00 0.00 752.00 435.00 752.00 435.00
0.00 0.00 8,056.00 7,566.00 8,056.00 7,566.00
0.00 0.00 2,170.00 1,350.00 2,170.00 1,350.00
0.00 0.00 599.25 139.00 599.25 139.00
0.00 0.00 208,587.50 201,829.14 208,587.50 201,829.14
0.00 0.00 1,930.59 1,239.00 1,930.59 1,239.00
8,914.40 19,823.08 1,274,750.07 408,852.58 1,283,664.47 428,675.66
0.00 0.00 211,951.81 202,298.32 211,951.81 202,298.32
0.00 0.00 23,056.61 16,731.49 23,056.61 16,731.49
0.00 0.00 30,519.45 28,889.03 30,519.45 28,889.03
0.00 0.00 23,334.00 24,704.27 23,334.00 24,704.27
0.00 0.00 21,589.57 17,937.88 21,589.57 17,937.88
0.00 0.00 0.00 12,314.45 0.00 12,314.45
0.00 0.00 905.48 1,839.9t 905.48 1,839.91
0.00 0.00 5,457.41 3,968.69 5,457.41 3,968.69
0.00 0.00 0.00 486.51 0.00 486.51
0.00 0.00 3,406.96 2,186.93 3,406.96 2,186.93
0.00 0.00 5,898.64 6,172.80 5,898.64 6,172.80
0.00 0.00 13,591.57 13,850.55 13,591.57 13,850.55
0.00 0.00 1,172.50 0.00 1,172.50 0.00
0.00 0.00 950.64 281,00 950.64 281.00
0.00 5,891.51 0.00 0.00 0.00 5,891.51
950.00 1,814.56 32,233.05 24,327.01 33,183.05 26,141.57
0.00 0.00 2,500.00 2,500.00 2,500.00 2,500.00
0.00 0.00 7,800.00 7,800.00 7,800.00 7,800.00
500.00 0.00 125.00 125.00 625.00 125.00
0.00 0.00 13,973.14 12,018.47 13,973.14 12,018.47
0.00 0.00 15,872.25 13,233.95 15,872.25 13,233.95
0.00 0.00 9,266.00 0.00 9,266.00 0.00
0.00 0.00 2,346.00 2,346.00 2,346.00 2,346.00
0.00 0.00 14,275.04 5,242.95 14,275.04 5,242.95
0.00 0.00 541.04 385.07 541.04 385.07
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10:58 AM
01116/13
Accrual Basis
NORTH FORK ANIMAL WELFARE LEAGUE INC
Profit & Loss
January through December 2012
5048 - Bank/Investment Fees
5050 - Mailings
5052 · Education
5070 - Miscellaneous Expenses
Total Expense
Net Income
Restricted-Troxel
Unrestricted
Jan - Dec 12 Jan - Dec 11 Jan - Dec 12 Jan - Dec 11
0.00 0.00 55.35 186.06
0.00 0.00 2,947.58 1,575.07
0.00 0.00 190.00 6,273.20
0.00 0.00 2,706.29 1,179.22
1,450.00 7,706.07
7,464.40 12,117.01 828,084.69
TOTAL
Jan - Dec 12 Jan - Dec 11
55.35 186.06
2,947.58 1,575.07
190.00 6,273.20
2,706.29 1,179.22
446,665.38 408,853.83 448,115.38 416,559.90
-1.25 835,549.09 12,115.76
Page 2