The Vietnam Education Foundation 2011 Annual Report

Annual Report 2011 Page 63
VIETNAM EDUCATION FOUNDATION
STATEMENTS OF NET COST
For The Years Ended September 30, 2011 and 2010
2011 2010
Program Costs:
Program A:
Gross Costs (Note 7) $ 4,943,096 $ 4,885,905
Net Program Costs 4,943,096 4,885,905
Net Cost of Operations $ 4,943,096 $ 4,885,905
*Amounts may be off by a dollar due to rounding.
The accompanying notes are an integral part of these financial statements
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